Crypto

A Future Prognosis

Athena @ Shaping Tomorrow

24 March 2023
Introduction
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Contents
User Guide
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Sources
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Twitter Searches
Web Searches
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World Outlook
Main factors that cause something to happen globally
In addition, now that crypto is ever present Cybersecurity Ventures predicts crypto crime will cost the world $30bn annually by 2025. businesslive
There have been approximately 764 crypto-related M&A transactions globally since 2013, with about 88 in the first seven months of 2022.3 It is anticipated that the total estimated value of transactions in 2022 will be roughly $8 billion. Allen&Overy
By the end of this decade, a few things like how Bitcoin would be regulated and whether it could become a currency with wider usage in the global payments system might become clear. Kalkine Media AU
Global regions, coloured according to number of forecasts
SWOT
Strengths
  • Legislators and regulators across the world have responded by creating, updating and innovating more robust regulatory regimes that can both mitigate risk and facilitate the exciting opportunities that crypto assets present. Charles Russell Speechlys
  • After paying out $52 million in rewards to ethical hackers for finding vulnerabilities in web3 protocols last year, Immunefi has come to dominate crypto bug bounty rewards. The Block
  • Luna HSMs help its customers prepare for the post-quantum era with its crypto agile solutions, enabling companies to quickly react to cryptographic threats by implementing alternative methods of encryption today. Cybersecurity Excellence Awards
Weaknesses
  • Another key risk of stablecoins for U.S. retail users is that redemption may be a secondary concern for liquidity on crypto asset trading platforms. U.S. Government
  • Adding to the negative outlook, Standard Chartered, a global bank, predicts that Bitcoin could fall to $5,000 levels in 2023. Cryptopolitan
  • Tokens are expected to sell out soon, meaning there is a limited time for investors to get their hands on MCADE tokens at the lowest price possible and gain a token presenting the possibility of being one of the best crypto assets to add to your portfolio in 2023. Washington City Paper
Opportunities
  • Crypto exchange Coinbase has launched a new wallet-as-a-service (WaaS) business solution for enterprises that will make it easier to implement products and services in the Web3 landscape. BFC Bulletins
  • Gate Group is planning the launch of a new Visa debit card in Europe that will allow users to convert crypto assets to fiat money. BFC Bulletins
  • Blockchain and crypto represent opportunity and look set to be the most active sub-sector in 2023, with a 20% share of total fintech seed deals. / UK Growth Business
Threats
  • Months before the collapse of FTX in November, crypto markets were roiled by rising interest rates and a broad move out of risk, which contributed to the collapse of stablecoin Terra and the demise of crypto hedge fund Three Arrows Capital and exchanges Celsius and Voyager. CNBC
  • For the U.S. government, the FedNow system and a digital dollar are the optimal routes to bring the U.S. financial infrastructure into the digital era in a clear and simple way, without the risks or irrational exuberance brought by crypto assets. Kitco News
  • Musk and several other crypto influencers last year warned the Fed of rate hikes to increase recession risk. Coingape
Influencers
Countries
Cities
People
Organizations
S-Curve

A framework that describes a 4-phase level of maturity to help determine potential and inform innovation strategy.

Weak
crypto, bitcoin, computer, attack, application, asset
Emerging
bitcoin, crypto, asset, blockchain, bank, company
Maturing
crypto, asset, bank, price, bitcoin, coin
Declining
crypto, bitcoin, asset, bank, company, carbon
Sentiment
Past Year: More Negative
Compare changing sentiment to a benchmark of all forecasts
In addition, now that crypto is ever present Cybersecurity Ventures predicts crypto crime will cost the world $30bn annually by 2025. businesslive
Another study finds that 44% of regional and global banks will offer crypto support by the end of the year. The Financial Brand
PEST
Political
  • The US Financial Industry Regulatory Authority has begun collecting information about crypto marketing practices, which could result in new policy. / USA Financier Worldwide
  • Legislators and regulators across the world have responded by creating, updating and innovating more robust regulatory regimes that can both mitigate risk and facilitate the exciting opportunities that crypto assets present. Charles Russell Speechlys
  • Bitcoin's future in the UK and other countries could be significantly impacted by developments in the US. CityAM
Economic
  • Blockchain and crypto represent opportunity and look set to be the most active sub-sector in 2023, with a 20% share of total fintech seed deals. / UK Growth Business
  • The rapid rise in the price of bitcoin is a sign of fear that, more problems lurk in the banking sector - particularly since the fall of Credit Suisse. CoinDesk
  • Bitcoin surged as much as 4% on Monday amid fears of an ongoing banking crisis that started with the downfall of Silicon Valley Bank earlier this month and has now led to the takeover of Credit Suisse by UBS. Markets Insider
Social
  • WEMIX has announced plans to launch an Ethereum layer two utilizing ZKP protocols that will improve scalability while still ensuring users' privacy and security. The Daily Hodl
  • Gaming can be a powerful tool to introduce young people to the world of crypto and Web3 and to provide them with education and opportunity. Aragon's Blog
  • After paying out $52 million in rewards to ethical hackers for finding vulnerabilities in web3 protocols last year, Immunefi has come to dominate crypto bug bounty rewards. The Block
Technological
  • For the U.S. government, the FedNow system and a digital dollar are the optimal routes to bring the U.S. financial infrastructure into the digital era in a clear and simple way, without the risks or irrational exuberance brought by crypto assets. Kitco News
  • Crypto Finance will provide Apex Group with an institutional-grade infrastructure in the digital assets markets, starting with an issuance program for structured products backed by digital assets. Financial IT
  • PricePrediction is a popular AI-based price forecast website that tracks the future prices of different cryptocurrencies and it makes a more bullish TON crypto price prediction for 2030. BTCC
Financial Impact
The digital payment platform sector will grow strongly - on-chain payment volumes reached $25 trillion across stablecoins, Bitcoin, and Ethereum last year but 70% of investors believe they will be worth $30 trillion or more by 2030. CityAM
As the total value destroyed in the current crypto wipeout passes $2 trillion, one can only expect more disputes to arise. Yale Journal on Regulation
Given the trend that we have seen in recent weeks, it is likely that a drop below $1 trillion will have gotten rid of the weak hands that are currently selling, and the value of the crypto space could hold at around $940 billion to $960 billion. InsideBitcoins
Click on the dots or the lines to see the connections
System Map
Organizations
Sectors
Cities
Countries
People
Scenarios
Creates plausible alternative futures of what can happen and encourages development of a robust, agile response
Global Bitcoin adoption will hit 10% by 2030, a Blockware Intelligence report shows. TESMANIAN
44% of regional and global banks will offer crypto support by the end of the year. Daily Fintech
Globally, we have seen moves to regulate crypto and we anticipate the introduction of a clear South African regulatory regime likely by the end of 2022. ITWeb
Warnings
Changing proportion of published forecasts
The FBI is warning that, while the world may have moved on from crypto in favor of the AI craze, cybercriminals are still creating fake blockchain games to steal crypto. The Register
Recent turmoil in crypto shows why global regulators must act fast to stem risk. Diario AS
Solutions
Know how others are tackling issues with this topic
Adoption by the developing world is seen as the key driver, with 33% of respondents saying bitcoin will become the currency of choice in developing nations within 10 years. MoneyHunter
A new crypto-malware has been discovered by Cisco Talos, a cybersecurity firm that is among the largest commercial threat intelligence teams in the world. Tech Times
'Truly global' bitcoin adoption could be a major element of the 2023 financial landscape. Open Access Government
Key topics
Extremes
Investigate what’s transforming or collapsing
Under an extreme scenario where gold or Bitcoin becomes the reserve currency of the world, the value of the digital asset could fall between $1.3 million to $4.8 million. usfunds
Proponents of the largest cryptocurrency have long contended that bitcoin will ultimately displace the dollar as a global reserve currency. Blockworks
Stacks blocks will always settle on the Bitcoin blockchain as the ultimate source of truth, but microblocks introduce a new lower-latency global view of the Stacks blockchain transaction state. Hiro
What's Next
Changing proportion of material mentioning future years
The coming years will lay the groundwork for the next class of crypto to innovate and move the needle in the direction of a world where users have more agency and sovereignty over their data, money, and economic transactions. Interop
In India, the Web3 industry has set an ambitious goal of becoming a global hub for Web3, blockchain, and crypto innovation over the next five years, with the potential to contribute over $1 trillion to support India in achieving its goal of becoming a $5 trillion economy. Moneycontrol
Questions
Can?
How can Ripple Shape The Crypto Industry In 2023? Coinpedia Fintech News
After all, if governments can run trillion-dollar economies essentially as derivatives of their own bond market, what are a few validator nodes among crypto friends? Bitcoin Insider
As the crypto economy shifts, can stablecoins keep Bitcoin's original promise in payments, foreign exchange and cross-border settlement? CoinDesk
How?
How will digital payments and on-site crypto enhance the metaverse experience? FinExtra
How does Crypto Quantum Leap ensure the security of user data and assets? Transport Times
How is the Bitcoin NFT market distinct from its competitors? FXStreet
Who?
Who owns the most bitcoins? DailyCoin
Given the rapid clip at which crypto and blockchain have exploded over the last five years, who knows what the next five years will bring? paymentsjournal
Who hold the most bitcoin? askingthelot.com
What?
What does the collapse of a banking partner mean for the future of stablecoins and the overall crypto industry? Bitcoin Insider
What are the benefits of using Crypto Quantum Leap? Transport Times
With Biden's executive order showing more interest in crypto development, the next question is, what does that mean for the future of banks and digital currency? Tearsheet
When?
Will there ever be a time when Bitcoin as we know it ceases to exist? FinancialExpress
Do more people join crypto markets when the price of Bitcoin rises? ResearchBuzz
How can anyone accept crypto as payment when it could be worth a lot less the next day? LinkedIn
Will?
Will Ethereum dethrone Bitcoin as the king of cryptocurrencies? NEWSBTC
Will the recent drop in prices for major crypto assets following the collapse of FTX, the world's third-largest crypto exchange, change things? Ghana News Agency
Will countries allow Bitcoin miners to continue to use cheap power, or will they requisition said energy resources because times are tough? Entrepreneur's Handbook
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