2) In the second instance, they estimate a increased adoption of stablecoins as a medium of exchange, taking into account that bitcoin acts more as a store of value. These instruments, linked to an underlying asset, have the value that their transfer is faster than in other types of crypto assets.
“More and more industries will start to adopt stablecoins as a more efficient way to make payments. Stablecoin volumes will continue to grow, but the portion of that volume that is only dedicated to trading cryptocurrencies it will go down, “said Omid Malekan, author of The Story of the Blockchain and a professor at Columbia Business.
3) At the same time, specialists see a lot of development potential in NFTs. “The possibilities for NFTs are endless, as they can be used to register ownership of any single asset,” said Alex Atallah, co-founder of OpenSea. “We are already seeing the first use cases for NFTs as event tickets, software licenses, fan club memberships or linked to interactive experiences,” he said.
In the market, they see a shift from artist-driven NFTs to those focused on access or authorization for events, and they highlight the video game industry as one of the most fertile areas for the advancement of this type of digital assets, as they could serve as building blocks for a new generation digital world.
4) Finally, as a negative feature, the market warns about a possible increase in hacks because digital currency transactions are difficult to track.
“Bitcoin attracts criminals for the same reasons that it attracts those who use it for legitimate purposes: It is cross-border, instant and liquid,” said Gurvais Grigg, technical director of Chainalysis.
Source From: Ambito
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