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The crypto and non-crypto industry is well prepared for what is yet to come

All Cryptocurrencies

by COINS NEWS 83 Views

In the whole crypto timeline from 2009 to 2019, it was all mostly about "payment", how crypto solves payment problems.

In 2020/2021 the NFT hype was born with the invention of smart contracts, but there's still no aspect in our daily lives where this use case comes in.

Until then crypto was more a niche product. Obtaining crypto via mining or buying on exchanges was only done by visonary investors, tech nerds or those who heard about it and went through all various difficulties to learn how to mine or buy it.

But now:

  • X (former: Twitter) obtained crypto trading license...sooner or later you will be able to buy/sell/trade crypto on one of the biggest social media platform. You can hate or like Elon, but this move is good for whole crypto industry

  • one spot ETF filing over another, lots of financial institutes show their interest to join this industry. They give crypto wider exposure to the financial markets

  • PayPal issuing their own stablecoin, crypto txs are faster/cheaper. This is just a stepping stone until other payment services will follow (looking at Visa, Mastercard,...)

  • EU's crypto regulation MiCA and other countries start regulatory clarity (just a hint to Gary to do his job, too.)

No other time in crypto's short history the crypto + non-crypto industry is so well prepared...if a bullmarket should to arrive, it will be much bigger. Let's hope the global economy gets better.

submitted by /u/MikeDJunior
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