- Cryptocurrencies Will Witness Massive Growth in 2025
- Libra to Compete Strongly With Bitcoin in 2025
In the coming years, Cryptocurrencies will play their part in rendering paper money and billing obsolete. Even though this prediction is far from realization, it is safe to conclude that currently, people hold less physical cash than years ago. The mass adoption of crypto-based payment solution is noteworthy in society.
So far some bodies already believe that digital coins would soon be competing strongly with prominent transaction channels like Apple Pay and Samsung. The use of digital coins has eased transactions process for users as users can easily set up transactions via a committed app. This can be opened through a biometric scan on the user’s smartphone or via a smart contact lens on the eyes. Smart contact lens is assumed to be the future as users can successfully carry out transactions by blinking “a specific number of times which you get to decide to execute a payment.”
Commenting on the future of cryptocurrency come 2025, several analysts have provided a thorough analysis of the universal market for digital coin. These analyses were based on sampling historical and forecast data of the coins. Also, the analysis covers several parts of the market, some of which are the coverage of the major and evolving players in the market. Coins like Bitcoin, Ethereum, Litecoin, Dogecoin, Dash, Ripple, Factom, Peercoin, MaidSafeCoin, Novacoin, and Namecoin.
Libra to Compete Strongly With Bitcoin Come 2025
Crypto-giant Bitcoin may still hold its spot in 2025, but it should be ready to face major competition from Facebook’s Libra as the stablecoin begin to make its presence known. Stablecoins will be the go-to coins by a majority of users as we evolve through the 2020s. This is because stablecoins link their value to reasonable real-world assets such as the U.S Dollar and gold. This simply means that they are almost certain to be free of the market volatility there users are accustomed to seeing around Bitcoin and other altcoins.
The only true certainty is uncertainty when it comes to the world of Cryptocurrency. One can only speculate when is to come to predicting the future price of cryptocurrency as all it takes is 12 months for an asset to loss 80% of its market share. What we can conclude is certain is that by 2025 there will be several technologies that will permit cryptocurrency to flourish.
Bitcoin (BTC) Price Today – BTC / USD
Starting from convoluted blockchain that can influence instant transactions to the reimagining of micropayment portals for services online. So for crypto traders and investors, there are many reasons to hold on to the volatility and be thrilled for cryptocurrencies in 2025.