Here’s what cryptocurrencies will look like in 50 years according to experts
Some experts say it’s certain that cryptocurrencies will change our understanding of the concept of money and the way we do financial transactions. Others warn of the dangers of these digital currencies, such a bitcoin, and the problematic manipulations they could make possible. The key to engendering public trust in cryptocurrencies is developing and enforcing regulations on how they can be used, says Fulton Schools Professor Dragan Boscovic, cryptocurrency expert and director of ASU’s Blockchain Research Lab. Banking industry overseers are already at work on these regulations and safeguards, Boscovic says. He foresees cryptocurrencies becoming mainstream in about a decade or so.