The impact of the economic and political events of the year 2020 could have a major impact on the future of the crypto-Assets, even if the end result is unclear.
Most people are likely to be, and the massive potential impact of aware of the crypto currencies and the Blockchain technology in a myriad of industries can have. Your ability to revolutionize the world, is not even recognized by those who want you to continue to develop, albeit reluctantly.
But one should not forget that this Revolution is a two-edged sword, and also the current state of the crypto-Assets can frustrate.
As the new year is in front of the door, it’s worth considering how political and economic events on the digital currencies will have an impact.
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Looking back on 2019
Shortly before 2019, many thought that it would be a breakthrough year. It is true that some important milestones have been achieved and the major successes achieved – the impact of political and economic events of the crypto-world have not helped, however, as much as some people had hoped.
The world economy was hard, Leaving this year was a very hot topic, and the trade war between the US and China raged for many months. Nevertheless, the stock markets, much of the lost value to recover, and the traditional investments recorded an increase of investment activity.
Nevertheless, the significant impact on the world economy, which has experienced a significant slowdown, which is mainly due to the Situation between China and the USA.
The End Result? The crypto-assets were stronger than 2018.
What to expect from a crypto in the year 2020?
Up to now, everything that relates to the year 2020 and the following years remain, pure speculation. However, it is likely that interest rates will remain at the beginning of the new year low. In other words, investors are likely to continue to look for better opportunities outside of deposits. This could represent an opportunity for virtual currencies.
Like Glen Goodman has not commented on: Bitcoin makes so much noise as usual, but the Blockchain will continue to be provided by the company, only silently in the Background, which creates prerequisites for cryptography.
Meanwhile, Eugenio Aleman, Economist at the “Wells Fargo Bank believes” that the recession of the largest economy in the world – the USA – remains a possibility. This could, together with the warning of the UN before a global recession, to an even greater economic slowdown and the people deeper into the crypto-space push.
2019 has not affected the Brexit impact on crypto, and 2020 this could happen but still. Much remains uncertain, which leaves a lot of options. It is also unclear what wars, Trading and military tension will cause many to expect, however, that you are also 2020 a large Problem to be dealt with.
The USA are in the conflict with China, North Korea, Iran and others. During armed conflicts with each of these countries remain highly unlikely, are economic conflicts, and this could push people more in the direction of the crypto.
At the same time, the national banks, develop an interest in cryptography, and in particular to the CBDCs, led by China, Turkey and France. Russia conducts Tests with stable coins, and many others are likely to follow.
All in all, it is an unpredictable decade – with potentially major changes.