Cryptocurrency’s Fate Remains Shrouded In Doubt

While the destiny of cryptocurrency stays shrouded in doubt, a few specialists have anticipated that it can pass mainstream inside some years.

The maximum latest estimate for the wide variety of those who personal cryptocurrencies became approximately one hundred fifty million — approximately 1/2 of of which personal simply bitcoin, in keeping with a survey launched through studies organization eMarketer in April 2019. The different 1/2 of personal fewer than one hundred cryptocurrencies each.

A latest document through McKinsey & Company additionally projected that 90% of millennials will use cryptocurrency sooner or later of their lifetime.

But there are numerous motives why analysts are skeptical approximately whether or not or now no longer cryptocurrency might be followed as a mainstream monetary tool.