By Davis Byrne (US)
The passing year was a very strange year for the crypto community as we know that bitcoin and altcoins values dropped down from the beginning of the year to the end. Hundreds of blockchain and crypto startups came into existence which will definitely have an impact on the next coming year.
Despite the slumping of the price at the end of the year, there are many growth factors that will have a significant effect on the crypto future in 2020. Crypto experts and analysts are passing their predictions and speculations for the coming year about what will be the crypto trends.
Crypto Thesis for 2020
Bitcoin with the start of the year will have to take one direction either upward or downward as a big movement on the part of digital is expected. A report is published entitled ‘’Crypto Thesis for 2020’’ on Messari that explained the 120 crypto growth indicators and trends for the new year.
https://twitter.com/twobitidiot/status/1206603981801308165
In the report, Selkis has talked about the 120 influential people and companies that will decide the future for Bitcoin, Ethereum and other crypto projects. Before this, he came up with only 95 themes but now, he has done a lot of research and published Crypto Thesis for 2020.
Also read:According to Selkis:
This is NOT an objective analysis, but a collection of my / our strong convictions for the decade ahead. It’s based primarily on my nearly seven years studying this industry closely and working in it full time.
Stress for more Regulation
He is a strong opponent of the Bitcoin and believed that it must be placed at the center for digital markets and for the crypto projects as well. He also stressed on the stance that regulation is the most important thing for the crypto industry. As we know that most of the state governments have banned crypto being used in the country.
The main reason for the restriction on digital currency in some parts of the world is due to its role in illegal activities due to the lack of regulation. So, there should be more focus on transparency and regulation in the digital markets.
He said:
If we want to be better than the incumbents, then token teams: start disclosing insider sales; exchanges, clean up your wash trades; wallets, learn how to integrate with tax software systems and help your customers minimize their liabilities and pay only to Caesar that which is actually Caesar’s.
Download Messari’s Crypto Thesis for 2020: Report
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