Crypto currency is being talked about all over the world at this time. Talking about the crypto currency, it has seen a lot of bounce recently. Experts are raising the question, is the time coming for cryptocurrencies like bitcoin? Experts are raising questions about the currency issued by the government. Experts say that in the coming time it may be possible that the crypto currency can be run by the government. And only we look at the business only in crypto currency. In such a situation, what will happen to the physical currency currently being run by the government? Experts are also raising questions about this?
But is the future of cryptocurrency going to be so golden? Experts are also raising questions on this. Experts say that the crypto currency may change completely in the coming time? Experts on the other hand say that the future of cryptocurrency is not certain. It may be that cryptocurrency is blocked by the government. There may be significant changes in cryptocurrency in the coming times. After which its future may hang in the balance. Countries like China, however, are trying to go much further on the trend of cryptocurrency. But its future still cannot be considered certain. Experts are saying this.
What is the future of cryptocurrencies like bitcoin?
Experts are sitting in two parts about the future of crypto currency. Experts say that the future of cryptocurrencies is going to be golden. In such a situation, people who are still investing in cryptocurrencies may earn much higher returns in the coming times. On the other hand, there is also a separate section of experts. Who is not sure about this. Other experts say that the future of cryptocurrency cannot be decided yet. It is still a very early period. In such a situation, we should wait for some more time to decide the future of crypto currency.
A report has recently appeared in Bloomberg about cryptocurrencies. This Bloomberg report states that the value of cryptocurrency may decline to zero in the coming years. This Bloomberg report states that there is going to be a significant change in the cryptocurrency trend in the coming times. It is not that the cryptocurrencies that exist today. His form is going to be there. There are going to be significant changes in this coming time. In such a situation nothing definite can be said about its future.
However, Bloomberg report regarding crypto currency says that it can give very good returns in crypto currency in the coming time. But if you are looking at it as a long-term investment then it can be a huge risk for you. And maybe the value of crypto currency will be zero in the coming times.
Risk of financial management coming out of governments
If the trend of cryptocurrency increases even more in the coming times, it may be that the financial management will completely go out of the hands of governments in the future. In such a situation, the experts say that if the trend of cryptocurrency increases in the future, then financial management can come out of the hands of the government. In such a situation, financial management will not be in anyone’s hands. It will be fully automated.
The value we extract against the dollar at the moment may be that it will be against bitcoin in the coming times. And the supremacy of the dollar ends completely. The same experts say that this may increase the financial risk in the coming time. Monopolies of large companies and capitalists can have a virtual currency like bitcoin. This would increase financial risk around the world and could result in circumstances such as a financial emergency. Experts are warning governments about this too.
Fears about the end of cryptocurrencies
There is another thing being said about the financial risk of crypto currency. Experts say that the number of cryptocurrencies is fixed. And this is why cryptocurrency becomes even more risky. Let us take the example of bitcoin here. According to a recently published report, the number of bitcoins has been reduced by about 20%. This number of bitcoins is steadily decreasing. In such a situation, the prices of bitcoin may increase even more in the coming time. This will give good returns to investors. But on the other hand, experts say that if the number of bitcoins or other cryptocurrencies continues to decrease in the same manner, then in the coming times, many cryptocurrencies like bitcoin may be completely eliminated.
But here the question arises that why the number of cryptocurrencies like bitcoin is continuously decreasing? Actually, when the cryptocurrencies like bitcoin were first created, their number was fixed. The number of bitcoins is one crore 82 lakh. People keep bitcoins in a wallet. If the passwords of this wallet are lost to you or you forget, you lose your money completely. It cannot be retrieved. If you want to open Bitcoin Wallet, you must enter a password. That you generate when you create a wallet. This password cannot be retrieved again. In such a situation, if you enter a password incorrectly more than 10 times, then your currency is lost forever. In this way the number of cryptocurrencies steadily decreases. And its value increases. But what if the entire cryptocurrency ends in this manner?
According to a recently published report, a person has lost bitcoins worth about eighteen hundred crores rupees. Cases of this method keep on coming daily. In such a situation, the future of cryptocurrencies like bitcoin is still not sure.
Increasing trend of cryptocurrencies
The trend of crypto currency is increasing continuously all over the world. Large companies such as Microsoft, Starbucks have accepted transactions in the form of bitcoins. Now you can buy any product in bitcoin from companies like Microsoft and Starbucks. In such a situation, the trend of bitcoin continues to grow.
As trending worldwide, the trend of bitcoin continues to grow. Those who earlier used to invest in gold and in the stock markets are now continuously investing in cryptocurrencies like bitcoin.
Although cryptocurrency invoices like bitcoin for small transactions are still very low. Actually, when you transact through cryptocurrency, it takes at least 10 minutes. This is why people avoid paying in cryptocurrencies. However, in the coming time, there may be further reduction in the transaction time of cryptocurrencies like bitcoin. In such a situation, the invoice of cryptocurrencies can increase even more in the coming time.
At the same time, cryptocurrencies have been accepted in India, America, England and European countries. Due to this, its trend has increased a lot. Experts say that due to the increasing acceptance among people, the value of cryptocurrency like bitcoin is continuously increasing. However, this financial risk is definitely increasing. People are being repeatedly warned by governments to avoid investing in cryptocurrencies like bitcoin. Because no government determines their value. It is fully automated process. In such a situation, your entire investment may sink in a few moments.
In the coming time, if big companies like Google and Apple invest in Bitcoin Joshi cryptocurrency, its value may increase even more in the coming time. On the other hand, transactions are accepted in cryptocurrencies like bitcoin by Apple Google and big tech companies. Even then its value will increase further. Such experts are speculating.
Efforts are constantly being made to reduce the time taken for the same transaction. If the data center and the process to be made more simple, then in the coming time it may be that the trend of cryptocurrencies among people becomes common. Then its value can increase even more.
Financial management can go into private hands due to cryptocurrency
Yet financial management is seen by governments around the world. Almost every country has its own central bank. The Central Bank and the government together decide the financial management and rules. But due to cryptocurrency this thing can change in the coming time. It may be that in the coming times, financial management also goes into private hands.
We are saying this because no government in the world has any control over cryptocurrency. In such a case, the person will invest more. He can have as much control over cryptocurrency. Big companies like Apple Google and Facebook can monopolize the financial sector in the coming times. Experts are raising questions about this.
Large companies like Apple and Google currently have a large amount of cash reserves. This cash reserve can be used by big companies to buy bitcoins and other popular cryptocurrencies. In such a situation, financial management may go out of the hands of governments in the coming years and due to this, due to this, the financial risk in the world may increase even more in the coming time. That the value of cryptocurrencies like bitcoin may increase even more in the coming times. According to experts, the value of bitcoin can go up to more than US $ 60000 in the coming times.
Cryptocurrency prices can be manipulated
Experts, on the other hand, are saying that artificial changes can also be made in cryptocurrency prices. This can increase financial risk even more globally. Experts say that large tech companies have a large amount of cash reserves. In such a situation, the prices of crypto currency like bitcoin can be changed by these companies.
If the big companies like Google Facebook and Apple get together, then the price of any crypto currency in the world can be changed artificially. In such a situation, if the trend of cryptocurrencies increases even more and the government does not have control over it, then financial risk is going to increase worldwide. Questions are being raised about this, although there is no evidence yet about the artificial change in the prices of cryptocurrency like bitcoin. But this is not being done in today’s technological age, there is no guarantee.
Artificial changes are also being made in the stock markets. Because of which investors are being cheated. In such a situation, similar possibilities are being seen about cryptocurrencies like bitcoin.
The governments around the world do not even have the data that, the world’s most popular virtual currency bitcoin
Which company or individual has the quantity in hand? In such a situation, experts are raising the question that if bitcoin is made by big tech companies, then most of these bitcoins may be with these big tech companies. And these companies are together deciding the value of virtual currency. In such a situation, there may be increased uncertainty in the financial market of the world. So far, people do not have any concrete evidence that who has created cryptocurrency like bitcoin?