Bitcoin Is On The Right Path To Become The Global Currency Of The Future, NASDAQ Predicts

Bitcoin and the other digital assets experienced the most significant fall at the end of 2017, and the bears still haven’t left the cryptospehere, leaving most coins in disgrace, price-related.

But it seems that this is not stopping people from having high hopes about the crypto future.

The latest crypto predictions coming from massively relevant names in the finance world are also triggering a lot of excitement and high expectations among the crypto community members.

NASDAQ has high hopes for Bitcoin

NASDAQ CEO Adena Friedman shares a post on LinkedIn in which she’s explaining that crypto and Bitcoin are mind-blowing innovations that truly deserve to be a part of the global economy shortly.

“The invention itself is a tremendous demonstration of genius and creativity, and it deserves an opportunity to find a sustainable future in our economy. We would argue that two key ingredients to establishing a practical utility and a more stable value are governance and regulatory clarity – both of which are antithetical to the original intent as a decentralized, ungovernable global currency,” she said.

NASDAQ supports crypto and blockchain evolution

She continued and explained that NASDAQ is currently doing its part to support this massive wave of innovation. Friedman named the essential trigger of a successful crypto future: responsible regulation.

NASDAQ I currently working to help crypto gain investors’ trust by offering their tech for “trade matching, clearing, and trade integrity to start-up exchanges. We have also invested in ErisX, an institutional marketplace for cryptocurrency spot and futures.”

Friedman sees a 2019 which will turn out to be a year in which cryptos can truly and definitively make their point but only with the help of regulation and institutional investors.

Both these issues will reportedly determine the success or failure of the crypto and blockchain revolution.

Binance CEO Changpeng Zhao has also predicted a bright future for cryptos: “I’m very, very confident that this space will get so much bigger, we just got to be prepared for when that happens.”

You May Also Like

Leave a Reply

Your email address will not be published. Required fields are marked *