What Are the Odds of Cryptocurrency Won’t Work Out?

[jenny]

What are the odds of cryptocurrency won’t work out in the long term? I want to know the chances of failure due to regulation, market crashes, or loss of public trust, and whether crypto can truly survive as a mainstream financial system.

 

[OlivaRock]

To be frank, crypto will probably not die down to zero, although there are fairly good chances that some of its aspects will die in the future, regulation, black swans, and hype cycles will destroy weak projects. At that, the underlying technology is likely to remain the same and develop, albeit not the way in the wild and unregulated fashion people thought.

 

[Oscar]

Cryptocurrency might not be a great idea because it will be volatile, regulated, insecure, and not widely adopted, still, the possibility of its complete failure is less with the continued innovation, institutional attention and actual use cases.

 

[Lily]

According to experts, most altcoins will probably fail since the utility of the altcoin will be low. With large entrants, however, the risk moves to crashes, as opposed to complete collapse, as is the case with major assets such as Bitcoin.

 

[Daxton]

The odds that cryptocurrency won’t work out are uncertain. While volatility, regulation, and security risks exist, growing adoption, innovation, and institutional interest suggest crypto may evolve rather than fail, though not all projects will survive.