Bitcoin Predictions: What Could Happen If They Come True?

And here's the story of Bitcoin Predictions and what likely goes down if they are correct.

Introduction:

What has been garnering much publicity from the public in the recent past is this new digital decentralized currency termed as Bitcoin. Most interest was piqued mainly due to fresh technology and worldwide potential adoption that made it the 'in-thing' in the world of finance and technology. Then people wonder what the long-term future of Bitcoin would be at such junctures when it would barely break stratospheric levels. And so, for kicks, let's just kill some time browsing through some Bitcoin predictions, see what might happen if they really came true.

**Prediction 1: Mass Adoption

More than this, adoption if the prophecies about Bitcoin are to come through. Then it rapidly shoots up in value because businesses and merchants begin accepting the cryptocurrency as a mode of payment; it goes sky-high in value. More liquidity forces smaller fees per transactions so that it becomes even more accessible to everyone.

Scenario: You walk into your corner coffee shop to get your morning latte, and you pay in Bitcoins. The barista looks down at her terminal linked to an NFC reader to read the card or phone that completes the transaction.Actually, more than this, some experts say it may even outperform gold and silver on the count of marketability. As long as its price keeps on going up, the number of investors trying to hoard their money in bitcoin will increase for maximum returns.

Scenario: You allocate a smaller percentage of your whole portfolio to Bitcoin. As of today, it is over $10 million. There are so many DeFi platforms that apply blockchain technology use cases in lending and borrowing and even more than simple trades.

Now, suppose your national currency has been fixed to a basket of "classic" currencies, but now, today is the first time ever such a basket incorporates Bitcoin, and the result will be a stable, decentralized monetary system that runs with close-to-zero risks of inflation and currency variation. Conclusion: These prophecies of the future would stand nearly like this: 'Bitcoin is definitely going to become a part of our financial landscape.' More would join the bandwagon of adopting and investing in Bitcoin. Price might shoot off the roof in a chaotic spike