May 30 Days Writing Challenge- Day Twelve: What Crypto Asset Will Dominate The Market In 5 Years?

in #steemit7 years ago (edited)

The development of electronic money over the past few years represents "the legitimacy of a new type of asset that emerges alongside traditional economies around the world," says Dr. James Canton. - (Institute for Global Futures).
Electronic money "seems to be a way of calling that can be confusing. They are linked to blocked blocks on the Internet and are not affected by countries like the conventional currency. Canton likes to call this "blockchain economy". The US Tax Office now looks at electronic money as assets rather than a unit of currency.

"Playing Bitcoin is like real estate," Frey said. Like when you change the owner of a property, Bitcoin is synonymous with the transfer of ownership of a piece of electronic assets to others - just as it is done on the "cloud." Although Visa and many other companies have made it easier to use Bitcoin for regular transactions, electronic money is not what you would normally use to shop at a supermarket. Bitcoin was born in 2009, invented by Satoshi Nakamoto in the form of open source software .
In early 2010, Bitcoin was traded publicly at a conversion rate of 1000 BTC = 3 USD. In May 2010, Laszlo Hanyecz, a Florida programmer, was the first to buy a virtual Bitcoin currency item that spent 10,000 Bitcoins in exchange for two pizza boxes delivered to his home.
Starting in 2017, Bitcoin has increased by more than 400%.
Bitcoin Virtual Currency has for the first time surpassed the $ 19,000 threshold.
Now, bitcoin is down. However, this is still a positive signal.

image source
I'm sure that Crypto will thrive in the future. Nowadays, only about 0.03 people turn to Crypto, but I think about five years or so, the number of people who know the value of digital money will increase dramatically.


This post was my entry to @dragosroua 30 day challenge.

Sort:  

Nice work.

Cheers

You are a good writer. I have read it. There is something new here. Thanks @a-alice.

Thank you😍

Em là con gái mà nghiên cứu khiếp gớm nhể.

🤣tại hồi trước e bị rảnh quá

con gái cũng đầu tư và kiếm tiền chứ

your post always give us something new.your post most valuable.

Thank you for supporting me, I hope my information is useful to you

yeah,i think so.....

bạn cũng biết về bitcoin cơ à

Ừ t biết

Hy vọng bitcoin sẽ tăng trong mạnh trong tương lai

Good article! :)I do think EOS and Iota are going to be very important in the space with Bitcoin remaining as a store of value.

I agree. how are you ? long time no see you . You do not write blog on steem. did you leave?😨