Bitcoin: A small but growing industry

In the near future, bitcoin may become a mainstream cryptocurrency.There is, however, a big question mark surrounding its viability.In the US, the crypto-currency is currently valued at $15.2 billion.But there is no shortage of problems to resolve in the field.In this interview, CryptoCoin.com’s Ben Wootton speaks with the lead cryptocurrency analyst at UBS, Richard Fisher.CryptoCoin.org:…

Published by admin inAugust 2, 2021
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In the near future, bitcoin may become a mainstream cryptocurrency.

There is, however, a big question mark surrounding its viability.

In the US, the crypto-currency is currently valued at $15.2 billion.

But there is no shortage of problems to resolve in the field.

In this interview, CryptoCoin.com’s Ben Wootton speaks with the lead cryptocurrency analyst at UBS, Richard Fisher.

CryptoCoin.org: How do you feel about bitcoin becoming a mainstream currency?

Richard Fisher: I think bitcoin has an incredible future ahead of it.

The cryptocurrency is the future of money.

Its use case has never been so powerful, and its price is so volatile.

I think the first thing that is going to be done is making sure that its infrastructure is solid and it can handle all the transactions that are going to take place in the future.

Cryptocurrency will eventually be a global asset class, and it will take a while for it to be a fully integrated, mainstream currency.

It’s the first time in history that a technology has been able to disrupt so many things.

So, for a technology to be able to be successful, there are going be a lot of challenges that have to be addressed.

But bitcoin is one of those challenges.

It’s really going to have to figure out how to do that.

It was the first currency that was launched, and the first one that was accepted in the US.

It is the first decentralized currency that’s really, really popular in the world.

But what is the risk of its success?

There is no way that it will ever replace gold, for instance, or silver, or copper.

So what’s the upside?

That’s one of the big questions, is it going to change the world, and if so, how will it change the global economy?

It’s not like bitcoin is going anywhere.

Bitcoin is still a very young technology.

We’ve got a lot more to do.

Its main competitors in the space are other cryptocurrencies, like Ethereum, which is another crypto-cash.

But Ethereum and its competitors are all going to do well for a long time.

So the technology is really, truly here.

We’re just in a bit of a lull in terms of adoption.

We think the main challenge will be getting to that point where there’s enough interest and enough adoption for it really to be viable.

What’s the biggest obstacle that bitcoin faces in the near term?

The main one right now is the volatility.

I would put it this way: if you look at the past decade or so, Bitcoin has always been a very volatile currency.

The price has fluctuated dramatically.

It has lost a lot in value.

But this year, it’s been pretty stable.

But as soon as there’s a crash, the price crashes again.

It will do this forever.

What is the next big challenge?

The biggest challenge right now are the regulators.

There’s a lot that is happening right now that is not going to go smoothly for bitcoin.

The regulation is a big one.

I don’t know that bitcoin is immune to this.

I’m not saying that bitcoin can’t survive, but there are things that are stopping it.

The regulation is very, very challenging.

It depends on the regulatory environment.

What I think is going on is that regulators have become very lax.

The last couple of years, the regulatory landscape has been much more favorable for bitcoin than the last couple years.

But it is a lot easier for the SEC to come after bitcoin than it is for other financial products.

What that means is that there’s not a lot there to regulate.

They can easily ignore bitcoin and say that it’s a new, unknown asset class.

They don’t have to worry about that.

They just have to look at how they treat bitcoin, and that’s why they are getting so lax.

Bitcoin is not an established currency.

It wasn’t for very long.

It was really popular for a while.

But its value has fallen a lot.

It can’t replace the dollar.

But you can look at it as a means of money that can be used as a payment mechanism for things like international transactions.

And that’s the big one right there.

So that’s one challenge.

The second is regulation.

The SEC is a very, really complex agency.

It takes a long, long time to make a decision, and so they are not always clear about the rules.

It also creates a lot uncertainty for the bitcoin community.

It creates a great deal of uncertainty for users.

So what are the big hurdles that bitcoin still has to overcome?

I think that one is the lack of an official standard.

Bitcoin isn’t officially regulated in the United States, and most people have no idea that it exists.

So there are some people that don’t like the idea of bitcoin being regulated in their country, and I think this is going, in a lot ways, to its detriment.

I wouldn’t want to see it as the next gold standard

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