For the last two years, crypto asset prices have been in a steady decline with spikes some say have been “pump n dumps” from big whales. Here are some catalysts that could bring more of the same for 2020!
I have seen more than enough of this since 2017 and the “my crypto coin rules and yours is a scam” just harms the whole budding industry.
The tribal communities should unite, innovate, collaborate, and break down silos, for the areas they have in common. But for the short timeframe (FOMO) Fear Of Missing Out, not the use case seems to be moving the crypto price market!
The slow cautious wheels of government show some signs of putting a lid on digital assets, but like boiling water will have to be correctly regulated. Now I know crypto was started out of distaste for bad centralization, but sadly decentralization models are not as efficient yet.
Innovation has been the biggest bright spot with crypto the past couple of years. The true innovators just keep moving forward despite the many roadblocks. With new digital applications almost daily, I see no signs of blockchain technology slowing down!
For now, in my view, digital regulations will be a big deal with the speed of crypto adoption, not adoption itself! The continued explosive growth with this digital asset industry will force governments to catch up. 😉