#BinanceBlockchainWeek $BTC has not only changed but is disrupting the financial landscape, and many countries are slowly but surely accepting this reality - that crypto currency is here to stay.
On August 15, a Dubai court ruling recognized crypto assets as a valid means of salary payments, and Dubai soon moving forward towards tokenization, as discused today on Binance Live at Blockchain week event.
At first, Many countries such as China & India saw Crypto currency as a threat to their economy, which resulted in bans, however that all changed when they saw Crypto boom, boasting a whopping $2.49 Trillion industry.
Though in merely 16 years $BTC grew from $0.0486 to $70,486.00, crypto industry is still in its toddler phase and in the next 20-30 years is expected to be adopted worldwide. Laws and legislations takes time to change and countries find it hard to adapt to such radical changes due to high volatality rate.
But this will all change when $BTC finds its ground and reach its peak and price fluctuation stabalizes.
Blockchain is a new and exciting technology, reshaping our financial systems and creating new & more secure ecosystems. This not only promises to revolutionize the way we exchange monetery values but potentially also promises to curb inflation & deliver back power to common folks due to its decentralization features.
Since it's still in its early stages, it's hard to predict what future holds because tech space is always evolving. Lets not hold our breathes but keep our minds open so if there's any opportunity knocking we are there.
Let us know in the comments one thing that excites you the most about future of crypto currency.
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dr_mt