The cryptocurrencies are here to stay
When the cryptocurrency project started, many people thought that it would have an uncertain destiny and its permanence would not be lasting. The market of cryptocurrencies as time passes is gaining more followers every day, which is why according to a study carried out by the first platform of loans of cross-chain for the cryptographic economy "Lendingblock", it is demonstrating everything contrary.
The study was conducted on 2,000 people, and revealed that most believe that cryptocurrencies are here to stay, where 55% expect stores and buses to accept it within seven years. Just over 20% of respondents said they own or have cryptocurrencies.
This shows that the crypto market is growing by leaps and bounds, and is gaining acceptance by investors. More and more people are getting involved in cryptocurrencies and are tempted to know what it is about.
One fifth of respondents said they were confident that cryptocurrency is a good investment, and 56% said they could be tempted to obtain it in the future. One third (32%) of people said that greater security would make them more likely to buy cryptocurrencies.
As the popularity and value of cryptocurrencies have increased, so has cyber crime activity aimed at capitalizing on this trend, mainly in the form of cryptocurrency malware mining.
One of the high points of the cryptocurrency market is to prove that it is 100% safe, and even though the blockchain system is very robust it is necessary to strengthen the protection of investments, to prevent cyber crimes from taking over the market.
According to a report by NTT Security, about 12,000 samples of "Monero" mining malware, dating from March 2015, have been identified by the researchers of the Global Threat Intelligence Center (GTIC) of the company.
In the Lendingblock study, 28% of respondents said they would be more tempted by cryptocurrencies if there were better applications to buy and sell it, and 23% said that government support would encourage investment. Only 10% said they would never buy cryptocurrencies under any circumstances.
"Despite the much-discussed uncertainty about the cryptocurrency, the public is sure it is here to stay," said Lendingblock CEO Steve Swain. "The cryptocurrency is a market that is maturing, and this is exactly what we would expect to happen at this time as we move from the first users to greater awareness and use."
In February, the Treasury committee of parliament said it was studying the opportunities and risks associated with the digital currency and how technologies such as blockchain would affect the financial sector.
The research will assess how the government and regulators of financial services, such as the "Financial Conduct Authority (FCA)" and the "Bank of England", can create an environment to protect consumers without withholding innovation.
Meanwhile, Bank of England Governor Mark Carney wants cryptocurrencies like Bitcoin to come online with regulated financial markets.
The moment of the cryptocurrencies has arrived and there is very little time left for them to be accepted in most of the stores. So I invite you to get more involved in the topic because the future is already making the present!!!
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The growth of it all is really amazing. It's so neat being an "early adopter" on this amazing technology.
Definitely right. Those who bet on these markets are the biggest winners.
At this point if you wanna stop it, you would have to unplug the internet. Crypto is not going away.
Effectively, the cryptocurrencies become stronger every day and they are expanding.
Definitely. It’s being adopted more and more. Its creating a huge shift, that just takes time!!
Many of us are betting on this change, let's hope it keeps growing. Greetings.