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- Olaf Carlson-Wee and Balaji Srinivasan, estimate that for $2,00,000 per bitcoin, more than half the world’s billionaires will be from cryptocurrency.
- Governments and institutions will embrace crypto in a big way
- Privacy concerns will be the top priority
Brian Armstrong, Coinbase CEO is giving a new list of predictions for Bitcoin and the cryptocurrency industry at large. He says that he’s seeing a billionaire bitcoin flippening is coming as a way to increase science, tech and charitable reasons withinside the years to come.
Armstrong while sharing his thoughts in a blog said that Olaf Carlson-Wee and Balaji Srinivasan, estimate that for $2,00,000 per bitcoin, more than half the world’s billionaires will be from cryptocurrency.
The feel good factor
Whether people feel this is a good or bad thing, it means that there will be more technological people and more crypto-centric people will turn to philanthropy.
Hence, it might increase the amount of investment made in science and technology, and more crypto people will become philanthropists.
Market trends
On seeing the market trends and the wavelength, he also predicted many things about where he sees the virtual asset industry going in the years ahead. He sees:
Governments and institutions will embrace crypto in a big way. This will be fulfilled by making Central Bank Digital Currencies (CBDCs).
Privacy concerns will be the top priority. It will see how the internet moved from HTTP to secure HTTPS gateway protocols.
Marketplaces will mature whilst decentralized finance (DeFi) grows independently. Armstrong notes a vital pivot far from the hypothesis closer to beneficial programs in people’s regular lives.
By shifting the nature of cryptocurrency from being only about trading and speculation to bring about real-world utility, the 2020s will see several people holding and using cryptocurrency and start to really move the needle on global economic freedom.
Tags: Bitcoin, BTC, Bitcoin Billionaire, Brian Armstrong predictions, Brian Armstrong, CBDCs,
Steve Anderson is an Australian crypto enthusiast. He is a specialist in management and trading for over 5 years. Steve has worked as a crypto trader, he loves learning about decentralisation, understanding the true potential of the blockchain.
