Crypto

A Future Prognosis

Athena @ Shaping Tomorrow

5 October 2022
Introduction
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Contents
User Guide
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Sources
RSS Feeds
Twitter Searches
Web Searches
Twitter Feeds
World Outlook
Main factors that cause something to happen globally
By the end of this decade, a few things like how Bitcoin would be regulated and whether it could become a currency with wider usage in the global payments system might become clear. Kalkine Media AU
Another study finds that 44% of regional and global banks will offer crypto support by the end of the year. The Financial Brand
Global Bitcoin adoption will hit 10% by 2030, a Blockware Intelligence report shows. TESMANIAN
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • Buying opportunity: if Fed continues raising interest rates US $ will get stronger causing gold, silver & bitcoin prices to go lower. Bitcoin News
  • Crackdown on Crypto Crime: DOJ's formation of the DAC Network is another indication that it will continue its drive toward robust enforcement of criminal activity involving digital assets. / USA Mayer Brown
  • Beyond the NIST-approved algorithms, IBM Is working to provide crypto agility, helping organizations not only replace the soon-to-fail existing algorithms but also transform their security practices to remain resilient as new threats emerge in the post-quantum world. Forbes
Weaknesses
  • The U.S. dollar has been the clear winner as investors seek shelter in the largest global economy, but the British pound's weakness could be a net positive for Bitcoin. CoinTelegraph
  • Feed 3 is a game-changing platform that will offer solutions to various problems plaguing the Web 3.0 space, an aspect of the crypto space that the Binance Coin and the EOS have neglected. Deccan Herald
  • Bitcoin has faced its own choppiness in September, rising at the beginning of the month before declining sharply in mid-September amid higher-than-expected reports of inflation in the U.S. Fortune
Opportunities
  • The dollar's surge in global currency markets - it's up between 20 and 30% against the euro, yen and pound over the past year - is forcing crypto enthusiasts to reevaluate the idea that cryptocurrencies will undermine the dollar's hegemony. Politico
  • Ethereum, the second largest cryptocurrency, which in 2022 could see transactions exceed $8 Trillion, has completed a plan to reduce its carbon emissions by more than 99% as it follows in the footsteps of Chia which touted itself a while ago as the world's first green cryptocurrency. By Futurist and Virtual Keynote Speaker Matthew Griffin
  • Amid sanctions imposed over an escalating war in Ukraine, Russia hopes to use both the digital ruble and crypto assets for international settlements. Bitcoin News
Threats
  • Banks and other Mastercard card issuers that use Crypto Secure will see color-coded risk ratings of crypto merchants, which represent the risk of suspicious or fraudulent activity connected to said merchant. Decentralize.Today
  • As Bitcoin miners flock to the United States, both politicians and environmental advocates warn of the ecological costs of the energy-intensive industry. Fortune
  • Another EU bill known as MiCA, due to come into force in 2024, will force crypto currencies to disclose their carbon footprint and how their operations will impact the environment. Politico
Influencers
Countries
Cities
People
Organizations
S-Curve

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

Weak
crypto, bitcoin, computer, attack, asset, blockchain
Emerging
bitcoin, crypto, asset, blockchain, bank, app
Maturing
crypto, asset, bank, price, bitcoin, coin
Declining
crypto, bitcoin, asset, price, bank, blockchain
Sentiment
Past Year: Stable
Compare changing sentiment to a benchmark of all forecasts
By the end of this decade, a few things like how Bitcoin would be regulated and whether it could become a currency with wider usage in the global payments system might become clear. Kalkine Media AU
44% of regional and global banks will offer crypto support by the end of the year. Daily Fintech
PEST
Political
  • While the US has traditionally set the standard for global financial regulation, it is not a given that it will shape how crypto regulation develops worldwide. Raconteur
  • The ECB will focus on assessing the risk profiles and risk capabilities of crypto firms, particularly their business models, internal governance, and ability to assess risk by appointing appropriate IT and risk experts. FinExtra
  • Regulatory bodies, including the BoE, international financial watchdog Financial Stability Board and the Basel Committee on Banking Supervision, the global standard setter for banking regulations, are looking to set standards and regulations to limit potential crypto risks. CoinDesk
Economic
  • The SEC hopes to start regulating crypto exchanges in 2022. Raconteur
  • Crypto exchange Binance will become an official partner of the Ministry of Digital Transformation of Ukraine to offer educational projects in the IT, web3 and finance fields. TechCrunch
  • Both the Responsible Financial Innovation Act and The Stablecoin Innovation and Protection Act of 2022 could be deemed as crypto-friendly, with the second one implying a getaway from the SEC and CFTC scrutiny. CoinTelegraph
Social
  • NFTs on the Ethereum blockchain are worth more than US$ 14 billion, which is up from US$ 340 million in 2020, and it is estimated to reach US$ 80 billion by 2025. it World Canada
  • GameStop has joined forces with Immutable X for its NFT marketplace that will be built on the Ethereum blockchain. EconoTimes
  • Twitter could create a marketplace where smart people can share their intellectual capital and allow direct message access and other value for Dogecoins. Cryptonite's Off-the-Block
Technological
  • There is work ongoing within the Single Supervisory Mechanism (SSM) on banks' digital transformation, including the role of crypto technologies, that will result in horizontal analysis by the end of 2022. European Central Bank - Banking Supervision
  • Recent data from exchanges and other crypto companies in India provides a glimmer of hope. Economic Times
  • Many other investors in Denmark are using data analytics to identify the profitability of bitcoin and other cryptocurrency trading opportunities. SmartData Collective
Financial Impact
Ethereum, the second largest cryptocurrency, which in 2022 could see transactions exceed $8 Trillion, has completed a plan to reduce its carbon emissions by more than 99% as it follows in the footsteps of Chia which touted itself a while ago as the world's first green cryptocurrency. By Futurist and Virtual Keynote Speaker Matthew Griffin
Coinbase could reach $49.2 billion in revenue exiting 2025 under a bullish outlook of mass crypto adoption, rising interest among institutional investors and the sector growing to $6.8 trillion in total size. CoinDesk
The Bitcoin network could eventually be valued as high as $100 trillion. investing.com
Click on the dots or the lines to see the connections
System Map
Organizations
Sectors
Cities
Countries
People
Scenarios
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
Globally, we have seen moves to regulate crypto and we anticipate the introduction of a clear South African regulatory regime likely by the end of 2022. ITWeb
By 2035, one cryptocurrency (likely Bitcoin) will emerge as the world's first global currency, supplanting the U.S. Dollar - even in its digital, stablecoin form - as the default currency for international trades and purchases. Futurist Speaker
By the end of the year, bitcoin mining could use almost as much energy as all the world's data centers combined. Gizmodo
Warnings
Changing proportion of published forecasts
The presence of different kinds of crypto wallets might make it hard to choose for an investor taking their first steps into the world of blockchain. The Capital
Disastrous stablecoin failures, which threaten to destabilize the entire crypto-ecosystem when pegs based upon mysterious and unaudited global shadow banking reserves suddenly begin to drop; and. LinkedIn
Solutions
Know how others are tackling issues with this topic
Adoption by the developing world is seen as the key driver, with 33% of respondents saying bitcoin will become the currency of choice in developing nations within 10 years. MoneyHunter
The Crypto Climate Accord's overall objective is to decarbonize the global crypto industry by prioritizing climate stewardship and supporting the entire crypto industry's transition to net-zero greenhouse gas emissions by 2040. ai-tech.io
In conclusion, Bitcoin users should rest easy knowing they are a little smarter and can no longer imagine the terror of a world run by quantum computers. Mint
Key topics
Extremes
Investigate what’s transforming or collapsing
Under an extreme scenario where gold or Bitcoin becomes the reserve currency of the world, the value of the digital asset could fall between $1.3 million to $4.8 million. usfunds
Proponents of the largest cryptocurrency have long contended that bitcoin will ultimately displace the dollar as a global reserve currency. Blockworks
Stacks blocks will always settle on the Bitcoin blockchain as the ultimate source of truth, but microblocks introduce a new lower-latency global view of the Stacks blockchain transaction state. Hiro
What's Next
Changing proportion of material mentioning future years
The world's most popular crypto will likely fall under a scheme to grade digital currencies according to their energy efficiency, which the European Union plans to outline next week and roll out by 2025, a draft document obtained by POLITICO showed. Politico
The recent crash of a popular stablecoin and the dramatic fall of Bitcoin from nearly $69,000 to below $22,000 in just about two years (at the time of publishing), highlights some of the hazards and risks that come from decentralized financial systems. 102.3 KRMG
Questions
Can?
How can the EU be imagined as a global DeFi and crypto hub in the coming 5-10 years? Eventbrite
How can anyone accept crypto as payment when it could be worth a lot less the next day? LinkedIn
Can Predictive Analytics Really Help with Forecasting Bitcoin Price Movements Amidst Huge Market Volatility? SmartData Collective
How?
Will TradFi take over crypto, making it look more like old-school finance, or will it go the other direction, with crypto fundamentally reshaping how finance works? CoinDesk
How will the crypto regulations shape up in the future? 101 Blockchains
How high will bitcoin go in the long term? NextAdvisor with TIME
Who?
Given the rapid clip at which crypto and blockchain have exploded over the last five years, who knows what the next five years will bring? paymentsjournal
Who hold the most bitcoin? askingthelot.com
If speculators would rather put their chips elsewhere, and conservative investors stay away, who is left to buy Bitcoin? ZyCrypto
What?
What happened in the Mars Stealer malware attack on crypto wallets? McAfee
What must occur for traditional Asics to be replaced by quantum computers in Bitcoin mining? Mint
VCs and execs discuss the future of crypto to navigate ahead What does it take for the crypto industry to rebuild after the severe market downturn for the past few months? TrendRadars
When?
Will Bitcoin and other initial iterations of cryptocurrency fall by the wayside when the U.S. government introduces the digital dollar? Daniel Burrus
If Bitcoin becomes a reserve asset by 2030, when India may be the 3rd largest economy, would we have the 3rd largest bitcoin holding? MediaNama
What will the bitcoin cryptocurrency be when it grows up? Yahoo!
Will?
Will Ether overtake Bitcoin? Kalkine Media AU
Will a quantum computer one day appear and use its greater computational capacity to mine away all Bitcoin and empty all wallets? Mint
Will decentralized technology be based on crypto or Web3 business models, or something else? Disruptive.Asia
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