CRYPTO TOKEN FUTURE & FACTS
Analysts estimate that the global cryptocurrency market will more than triple by 2030!
Where have we been? Where we are headed!
Power To The People!
The last 18 months have transformed cryptocurrency. Its growth has been faster than ever, yet its future has never been so unclear.
Flush with time on their hands and few activities to spend money on, many consumers have forayed into crypto trading for the first time during the pandemic.
Everyday consumers, many not sure exactly what the blockchain is, followed the viral trail of Reddit threads, where talk of “stonks” and “diamond hands” pushed thousands to collectively inflate the price of certain assets “to the moon”. This led to a whole new category of “meme stocks”, breathing life back into defaulting companies like GameStop and AMC, and shaking the market to its core. Analysts estimate that the global cryptocurrency market will more than triple by 2030
This all leads to one big trend. Cryptocurrency, once only understood among a relatively fringe community of anti-establishment investors, is now becoming a household name – and quickly. Analysts estimate that the global cryptocurrency market will more than triple by 2030, hitting a valuation of nearly $5 billion. Whether they want to buy into it or not, investors, businesses, and brands can’t ignore the rising tide of crypto for long.
But crypto can’t seem to escape paradoxes anywhere. Investors believe in regulation, yet are worried about many of the impacts that regulation will bring about. They’re eco-conscious, but crypto has a huge carbon footprint.
Digging into these nuances is key to understanding overall consumer sentiment – and predicting consumer behavior – around a very uncertain future of cryptocurrency.
Recent Trends / Explosions!
More recently, the upsides of cryptocurrency have begun to attract institutions, and traditional finance is rushing to cater to the increased demand, such as U.S. Bank’s recent creation of a bitcoin custody service, which allows hedge funds to take a stake into digital currency.
While a larger pool of investment means greater potential for everyday investors, more institutional involvement also threatens digital currencies’ ability to operate outside of traditional finance. Here begins the paradox.
The institutional money that has been pouring into cryptocurrency over the past few years has begun to change the power structure of the market. Thirteen years ago, cryptocurrency recruited users out of a desire to shake up the exclusive, institutionalized world of finance; to create a widely accessible way to move money and pay for goods and services, regardless of individual circumstances.
The number of cryptocurrency investors has been steadily increasing around the world for a while, but recent growth has been explosive.
What’s more, the profile of investors has evolved. In the age of meme stocks and stimulus checks, it’s not such a niche hobby anymore. Rather, everyday consumers have seen this new asset class as a way to pad their portfolios with potentially more rewarding, albeit riskier, assets.
Recent investment in crypto has exploded 50% of internet users who say they own cryptocurrency. 50% of crypto investors would be comfortable using it to pay for online shopping! Compared to 2018, older consumers have begun to back crypto at much faster rates. In the U.S., consumers over 35 years old make up nearly half (47%) of those who expect to invest in cryptocurrency in the next 6 months.
For a lot of these current and potential investors, crypto offers a new way to handle their finances, and many also find that the financial freedom of crypto has liberated them from the rigidity of traditional banking.
Investors see many benefits, but some have their worries
% who say the following are the biggest benefits/drawbacks of cryptocurrency
Source: GWI Zeitgeist June 2021 | Base: 5,398 internet users aged 16-64 who have heard of cryptocurrency before across 4 markets, of which 626 are currently invested in cryptocurrency, and 963 are interested in doing so | Question: What do you think are the biggest benefits to cryptocurrency, if any? · What do you think are the biggest drawbacks to cryptocurrency, if any!
GCU+... Part Of The Future... Part Of The Freedom!
Unlike traditional banks, you didn’t even need to have an address to trade in crypto; all you needed was an internet connection. Cryptocurrency, in principle, relies on the collective actions of everyday users to self-regulate; they keep the ledger of transactions – the blockchain – secure and updated, and the process allows anyone with a computer the ability to mine coins.
Unlike traditional banks, you didn’t even need to have an address to trade in crypto!
Accredited Financial Solutions, Ltd. is in 'Lock Step" with all the trends and analyst's forecasting! More importantly, our mission and company directive is predicated on the people and their prosperity! Giving them the advantages of like never before possible with traditional banking and e-commerce! THE FUTURE IS HERE WITH GCU+!!!