Fate of Digital Cryptocurrency

Digital currencies use blockchains (distributed ledgers) on a network of computers. The value of the various cryptocurrerncies is determined by the number of users.


In theory, if everyone stopped using a given network, the value of the currency would drop to zero. Unlike gold, which has intrinsic value, cryptocurrencies are only backed by a belief. Note that the value of cryptocurrencies is always expressed in dollars. A cryptocoin is nothing more than an electronic vouchers.

Where will crypto be in the future?

The faith of privately issued cryptocurrencies will be in large part determined by governments using blockchain or variations of it to replace cash with digital currencies.

Government can not allow a parallel currency because the power to issue currency is their most potent weapon. Moreover, they use it to service they enormous debt and to pay for entitlements like pensions. The current system is far from perfect, but if you are saving for a pension, be careful what you wish for.


Fate of cryptocurrency


It will rule the world. We don’ know which Blockchain tech of today will be here 5 yrs from now but Blockchain is here to stay and will infiltrate all areas of economy. We are still in early stage of overall development but great foundations have been laid to be built upon. The query you mentioned will be hard to topple as a blockchain is a living entity ready to be morphed into its next phase of existence and therefore will be hard to dethrone….

But not impossible. Invest wisely.

Sharing is caring!

10 thoughts on “Fate of Digital Cryptocurrency”

  1. My spouse and I absolutely love your blog and find most
    of your post’s to be exactly I’m looking for. Do you offer guest writers to write content
    for you? I wouldn’t mind writing a post or elaborating on most of the subjects you write concerning here.
    Again, awesome weblog!

    1. Thanks. We are glad to hear that. and yes you also can contribute. Join us on other social media platforms where you get our all updates.
      if you willing to Write a post so do text us on FB. thanks

  2. Howdy great blog! Does running a blog similar to this take a lot of work?
    I’ve no understanding of coding but I had been hoping to start my own blog soon. Anyway, should you have any suggestions
    or techniques for new blog owners please share. I know this is off topic however I simply needed to
    ask. Thank you!

    1. Hey Thanks for apprehension. Ya sure we glade to help you out met. Do Follow us on Other social media platform, DM on FB so we have deep conversation

Leave a Reply