Question#10 : How do you see Bitcoin and other cryptocurrencies affecting livelihood in the future?
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Question#10 : How do you see Bitcoin and other cryptocurrencies affecting livelihood in the future?
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Bitcoin started the hullabaloo about a new investment vehicle called cryptocurrency. Though it is called currency, its actual behavior is like an investment option or contract. Because of anonymity and a sense of security it gives people the much needed comfort about their wealth and investment. Taxmen are yet to keen on these asset classes. On the contrary it increases the incidence of money laundering, black marketing/trading or tax evasion.
they will affect a lot, as world is changing into global village
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It's hard to say, we truly don't know how big crypto will get but it definitely is here to stay! Hopefully with the technology we have now a days it will become the norm and not just the next up and coming thing. In my opinion its here to stay though.
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