Cryptocurrencies have been around us for a really long time-even though society really got to hear about them only a few years ago – when all the business world was discussing sudden growth of Bitcoin in 2015.
After the year 2017, after the peak of Bitcoin, experts and investors all around the world stated, that blockchain technology has no more potential to grow, yet, as it turns out – in the year 2020 new era of cryptocurrency may start.
In the 2019, blockchain technology got plenty of big sponsors, (such as IBM, Microsoft etc) and in the year 2020 and further in the future dozens of new cryptocurrencies are expected to be created. The biggest and most ambitious currencies are:
- Facebook – Libra (2021)
- Digital yuan in China
- Bitcoin ETF (exchange-traded fund)
Not only Facebook will create Libra, YouTube, Instagram, Twitter and many others social medias are looking forward to create their own cryptocurrency. We will see if their initiative will be successful in the future.
Sources:
https://qz.com/1778527/2020-predictions-for-bitcoin-libra-and-the-digital-yuan/
https://www.bitdegree.org/tutorials/best-cryptocurrency-to-invest/
the future of cryptocurrencies is really sketchy, yet it offers huge possibilities of earnig bulk amounts of money.. nice article, good job