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16.04.202103:57 Forex Analysis & Reviews: Bitcoin's global impact and adaptation is more important than overcoming the $100,000 milestone

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Exchange Rates 16.04.2021 analysis

The impact of Bitcoin on the global market is much more important than Bitcoin's path to $100,000. Experts say that the essence of the problem when it comes to cryptocurrencies is the potential and adaptation of bitcoin in the technological world within 10-20 years. After companies such as Tesla, Visa, Square, Mastercard, and others entered the game and allowed accepting payments in BTC, the global adaptation of the digital asset is even closer than it seems.

Big changes in the way the US government regulates digital assets are coming soon. Many analysts also highlighted the potential of using blockchain technology for decentralized storage.

Blockchain technology can help improve overall speed and reduce the cost of digital storage in the future. There are a number of business models that take advantage of this opportunity with the publicly available special cryptocurrency payment system Filecoin, one of the most impressive strategies at the moment.

There is a growing trend for companies to accept this digital currency as a form of payment. This entails the beginning of a new era in the world of digital currencies. Many banks support the desire of customers to own cryptocurrencies and other digital assets and are ready to provide this method whenever possible. Bitcoin is not something that will gain momentum, but rather become an ambassador from the world of cryptocurrencies, and its influence on Wall Street, investors, and the world will be indescribably huge.

Vitaly Kolesnikov
Analytical expert of InstaForex
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