The market size of Bitcoin is 50 trillion yen. The actual market size of the economy is 3000 trillion yen. And 17K is the economy that has no reality. An irrelevant economy is secured by a country or company. However, that country and company will disappear if the missile falls. However, the block chain will not disappear even if the missile falls. You believe that the price of virtual currency will still rise in the long run as the assets of the economic zone, which has no reality, will be changed to virtual currency.
Further technological innovation of virtual currency advances
Also, we cannot overlook that technological innovation of virtual currency and block chain will progress further. If payment chains such as plasma for Ethereum and Lightning Network for Bitcoin are advanced, it will be possible to realize micropayments for various purposes. Trading becomes even faster. Then, new payment technology will spread overwhelmingly. Whether it’s managed by the nation or managed by the block chain, when people feel safe both, they will use the block chain. This will increase the investment in the mechanism, and it will be a cycle that it will be easier to develop and use. In that case, the virtual currency market will increase 10 times, 100 times, and 1,000 times. Five years later, block chain technology-based currencies will be circulated in the general public and can be used in supermarkets and convenience stores. Ten years later, there are no major powers such as the United States and foreign country. Btc News Trader is best bitcoin software.
What will happen to the concept of the nation in the future?
You think large-scale nations will start to be dismantled, and small-scale nations will be born. In your personal opinion, you think the United States and other countries will not survive at least in their current form after 10 years. Currently, in terms of block chain crypto currencies, the United States and other countries are in regulation. A state with vested interests is in regulation. Therefore, the people of these countries will become more difficult to move in the future. On the other hand, foreign countries are stimulating evaluating virtual currencies and block chains more and more.
The existing centralized system, which is managed by the country, is not very stable in the event of an emergency and there is a high possibility that data will be lost, so it is not safe. On the other hand, countries that use block chain, which has an overwhelmingly high safety mechanism, will be able to gain credibility. Suppose that a small country uses a system that is tamper-proof and fairly secured, rather than any tamper-proof system created by the government.
Where then would the world capitalists want to deposit their assets?
You will choose a country that employs block chain. Capitalists are the ones who want to get the most out of this trend. Because if you have a lot of money and you don’t have to spend your current international financial capital, you do. I think that speed is faster than you expected.
In 2017, the exchanges in other countries showed great excitement as it was called the first year of virtual currency. For example, Bitcoin, which is a hot topic right now, has the momentum to reach the bubble sphere, and has created a virtual currency boom around the world. It was in 2009 that the first block of bitcoin was born when 10,000 yen was over 100 million yen. This is the de facto start of virtual currency. Bitcoin will rapidly increase its value thereafter. The current Bitcoin rate is over 700,000 yen for 1 BTC, just over 7 years after the first transaction. Even if the rate at the time of the first transaction was 1 BTC = 1 yen about 1 cent, it would have been a surprising increase of 700,000 times or more. If you buy Bitcoin for investment, don’t get it out of your living expenses, but don’t worry if you don’t. By the way, looking at the price movement from the beginning, it has risen considerably.