Does Bitcoin have a Future?

Question

Due to this coronavirus pandemic, the world has been adversely affected. Has that in any way affected the future of bitcoins? Does Bitcoin have a future?

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Delta 3 months 1 Answer 38 views 0

Answer ( 1 )

  1. The future of Bitcoin can be summarized as follows –

    With its increasing popularity, Bitcoin users predict that by 2024, almost 94% of different types of Bitcoin will be released
    A forecast by Jeremy Liew, Snapchat’s first investor, estimates Bitcoin to hit a staggering $500,000 by 2030.
    The popularity of this form of currency is expected to grow exponentially, as it is decentralized, safe, and anonymous
    The fact that a huge section of technology-savvy individuals and companies are favoring the decision of using different form of encrypted currencies clearly indicates that the future of Bitcoin or cryptocurrencies as a whole is going to be bright

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