Brian Armstrong Mentions His Expectations from the Cryptocurrency Market This Decade

The cryptocurrency market is entering its second decade after 10 years of its development. Brian Armstrong, CEO and co-founder of Coinbase, has revealed his expectations for the next decade.

Brian Armstrong  Mentions His Expectations from the Cryptocurrency Market This Decade
Brian Armstrong Mentions His Expectations from the Cryptocurrency Market This Decade

The cryptocurrency market is entering its second decade after 10 years of its development. Brian Armstrong, CEO and co-founder of Coinbase, has revealed his expectations for the next decade.

Predicting what comes to digital assets will also shape and affect their future, Armstrong said. The first big step this year, he mentions in his blog, will be the rapid increase in users from about 50 million now to over 1 billion.

“I published" What will happen to cryptocurrencies in the 2020s. "

He predicts that in the next decade there will be a new blockchain that will be scalable and high capacity, which will attract more users. He did not explain what chain this would be and whether any of the current public chains would fit the description.

The adoption of cryptocurrencies and blockchain technology will have two main vectors, Armstrong predicts. One will be emerging markets with unstable and undeveloped financial systems. The other will be startups with valuable products.

Armstrong predicts that most technology companies will have a blockchain and cryptocurrency component. The next decade will also see significant government involvement in this technology, possibly with the acceptance of digital currencies by central banks.