Currently, there is a great deal of controversy over cryptocurrencies such as Bitcoin, Ethereum and many others. Despite its cyclical and volatile behavior, a number of futurists, however, feel strongly that this market will continue to grow. The rise of cryptocurrencies over the past couple years represents “the legitimization of a new asset class emerging alongside the traditional global economy,” according to Dr. James Canton of the Institute for Global Futures. “I’d say you can expect an exponential increase of new investment vehicles to come from cryptofinance.”
Some money will be lost in the cryptocurrency market, but Canton believes there’s also possibility to earn vast riches. “When people like [International Monetary Fund managing director] Christine Lagarde say cryptocurrencies could displace central banks and international banking, that’s very significant,”
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