VanEck predicts that by 2050, Bitcoin will become a reserve asset for central banks of various countries.

avatar
ODAILY
07-26
This article is machine translated
Show original
Odaily Odaily News According to a report by asset management company VanEck, by 2050, Bitcoin may account for 10% of international trade and 5% of local trade and become a central bank reserve asset. The company said that Bitcoin's second-layer network will play a key role in overcoming expansion problems and allowing BTC to be used as a medium of exchange. But the report also pointed out that there are certain risks to Bitcoin's growth, including rising energy demand, joint crackdowns by governments, and competition with other digital assets. (CoinDesk)

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments