2019: The Year Cryptocurrency Will Take Off

in #busy5 years ago

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A few are posting how some cryptocurrencies are spreading through Twitter and Facebook. The masses are starting to be exposed to them which bodes well for the adoption.

However, I do not believe this is what will propel the cryptocurrency industry forward. Instead, we are going to see it come from a suspect that initially was the enemy of crypto.

Wall Street will ensure that 2019 will be the year cryptocurrency take offs.

Much was made of ETF approval of Bitcoin and when it will come. Certainly, something like this is going to help. But, like the spread of cryptocurrency offers via Twitter, it is not the major player.

Instead, the biggest advocate for cryptocurrency will be the introduction of security tokens. This is something that Wall Street is ramping up to make a reality. The numbers involved in this are simply going to dwarf what we see already taking place.

Security tokens are going to revolutionize the real estate market. Whatever the market cap on the global real estate market, tokenization will instantly add 5%-10% to it. The reason for this is asset that are not liquid always have depressed value. Liquidity adds to the value of an asset since it enhances the appeal.

Fractional ownership is also going to drive the value of these assets. At present, those who can participate in the high end real estate market is a rather small group. We are referring to truly the 1%. Everyone else is excluded because we lack the entry fee into such a market. How many people can drop over $1M let alone tens of millions on a property.

This is a very select group.

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Security

With security assets, we are looking at the everyone being able to participate. Through the individual funding abilities of crypto-economics, we are going to see most of the planet involved in this realm. People will not be excluded because of a lack of resources.

In my opinion, this is going to bring a great deal of legitimacy in the minds of the masses. We might not like Wall Street and how they control so much but it is still listened by a lot of people. Once the big banks start to promote these tokens on the trading desks, we will see the FUD out of Bloomberg and CNBC stop instantly.

It is gong to be tough to promote the idea of security coins while blasting the rest. Of course, Wall Street being involved means that the industry will still have a way to go. Until these assets are offered on decentralized exchanges, we will still see the manipulation that Wall Street is known for.

Nevertheless, all this will be a step forward for the entire industry. The term "cryptocurrency" or "token" will no longer have the negative connotation. This should be enough to uplift the entire sector.

The final piece to this puzzle is the development that is taking place. We are nearing the point where we are close to real world applications being created. It will only take a few hitting it big before people start to notice. Perhaps one or two of them will break through on the Steem blockchain.

Security tokens will be worth tens of trillions of dollars very quickly. That is how big the real estate market is. If we add in art, partnerships, and intellectual properties, we see many trillions more eligible for tokenization.

I do not believe we are that far away from seeing a major breakthrough in cryptocurrencies. Tokens are going to be on everyone's mind in the next 12-18 months.


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I think you are right. There is a lot of institutional money getting ready to come into the market the end of this year and the start of 2019. The future is looking very bright;)

Warren Buffet is coming! 😎

Totally agree the ones who are creating all the FUD will pull the trigger for the boom.

FUD is both good and bad! Cheap crypto, but it also makes it so we have to wait longer before moon 😑😐

It'll certainly be interesting to see how the situation unfolds! I'm pretty much on the fence as to where the next growth spurt in cryptos will come from.

=^..^=

Fomo is powerful! 😅

Once the benefits of blockchain technology and the tokenization of assets are seen, there will be no turning back. The protocols that are most successful in developing real world applications will then follow shortly after.

Let's tokenize every atom in this existence! ⚛️

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Certainly 2019 will be a bright year for crypto currencies to take off. I have been patiently waiting for the moment and I pray my wait will not be in vain.

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