China is betting big on gold and crypto. A game-changer for crypto-investors.
Why China’s Gold & Blockchain Adoption Matters For Crypto-investors
Nobody lives in a bubble. Cryptocurrency transactions can happen without any government blessing or bank involvement, but some public acceptance is needed for public confidence to expand.
Networks increase exponentially in value with the addition of new members. This has been true for the telephone, fax machines, email, and social media. It is even truer for cryptocurrencies which are just an evolution of the Internet and mobile network toward the transfer of value.
Today about 19% of the world population has bought some kind of crypto. Some estimate that by 2043 Bitcoin will be used by 50 of the people on Earth. To get there, we must give the average investor and user more confidence. And governments can play a key role in building it.