How do you see the cryptocurrency in the coming years?


How do you see the cryptocurrency in the coming years?

My own thoughts


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The cryptocurrency in history

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Cryptography was created as computer software capable of performing complex mathematical calculations, allowing the encryption of the same and the handling of data on a large scale, organized in a secure and reliable way.

Its use could be associated with any type of operation that could make use of this technological advance, for the processing of information and offering of results. Thanks to its systematic versatility associated with the Web, over time, blockchain assumed it as a form of token exchange. Allowing to transfer large volumes of data to any part of the world instantly.


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Consolidation of virtual assets

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By taking the initiative to associate "tokens" with a value equivalent to fiat money, it is in itself that cryptocurrency is born as a digital asset and a form of sustainable economy.

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In my own opinion, referring to the aforementioned antecedents, after the momentum achieved by decentralization in a period of little more than ten years, where it has been possible to establish a growing economy based on cryptocurrency, is an indication that the next years will surely be one of remarkable progress.


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New adoptions of encryption

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The adoption of encryption as a method of exchanging digital assets has been increasing in countries with emerging economies or economic conflicts, it has also been adopted by institutional entities that had previously been excluded from banking programs and other benefits associated with FIAT, seeing encryption as a solution to its liquidity and capital security problems. The economic impact on the global economy generated by COVID-19, has incurred in the population approaching the blockchain in search of economic solutions.


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Technological advances and creation of tokens

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The inclusion of new tokens in exchanges, the commonwealth of ecosystems, such as TRX, recently integrated in the payment of rewards in Steemit, are some clear signs of a growing and frankly evolving economy.

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The launch of new blockchains such as: Ecocoin, Wise, SEEDS, telos, which I was able to consult recently in some published articles also show that there is a diversity of ideas that seek to expand the concept of cryptocurrency and reach more people, covering your main needs and adapting to your personal situation.

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In my opinion, the demographics will increase considerably on blockchain over the next few years. I also predict that investment in infrastructure that ensures Interoperability and Security will be the deciding factor for the near future. Let's remember that the rise of a crypto in the stock market is linked to human behavior and it seems to me that all that amount of new income, attracted by the goodness of Bitcoin and other benefits offered by the blockchain, will demand "Speed, Security and Trust".


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Final thoughts

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According to the historical review of the cryptocurrency, it is remarkable that "security" has always been the main topic. In fact, as I said before, the algorithm has been created to handle large volumes of data safely, quickly and efficiently. So, like any economy, encryption involves risks, with the issue of investment in security and the expansion of the platform being one of the most relevant points in the coming years, making "adaptability" and the launch of new Dapps, be the main attraction for mass adoption and customer satisfaction.



**@nachomolina
Original Content**
2020

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