BTC

What I think might be happening is an anticipation of a coming supply shock in 2020 so what we looking ahead to is happening events. the way that new bitcoin is introduced to the market is through a process called mining. reward decreases by half every few years and so in 2020 we’ll have much less of a daily supply of bitcoin than we do now. We’ll have half less and so while we’re looking ahead to the happening event in the supply shock, we’re also seeing a greater demand for bitcoin and new on-ramps from more familiar and conventional sources so there’s an anticipation that will be a broader group of consumers that have access and appetite for bitcoin.

Bitcoin has sort of proved itself as well whether it’s a store of value is to be argued but it deemed a store of gold, digital gold as such however there’s always still the scaling problem that surrounds bitcoin indeed it surrounds ETH as well one of the key crypto but where they say rivals but other cryptos are out there. And is this in any way being changed and will we ever see it as a means of purchasing or is it always gonna be digital gold? In terms of scaling, that’s actually one of the most exciting progressions of bitcoin over the past year and a half or so. In 2019 we’re actually seeing higher layer infrastructure development rapidly progressing and so by that what I mean is the the development of Lightening Network and quick adoption from an early user set of lightening network as well as entrepreneurs building on top of lightening network and so that will provide scale and has already we’re looking at the introduction of side-chain technology including block stream box streams liquid network which give us a new breadth and depth of use cases of the blockchain and then finally advancements happening at bitcoins core protocol level things like snore or tap root and 2017’s introduction of segwit. All helps us with issue of scaling and allows us to seek greater volume and greater variety of use cases of the technology and infrastructure itself.