Here’s my view on Crypto for 2023.
Crypto has come a long way since the launch of BTC in 2009, and it shows no signs of slowing down.
In fact, there are many exciting developments on the horizon for the industry in the coming year.
This is my view on 2023: 🧵
While crypto has already gained mainstream attention in recent years, I expected to see more adoption in ‘23.
Due to the increase of businesses that accept crypto as a form of payment, and the growing number of people who are looking to use it as a store of value.
🧵Greater regulatory clarity:
As crypto becomes more mainstream, it is also likely to see increased regulatory clarity in 2023.
This will help to create a more stable and predictable environment for cryptocurrency investors and users, and could lead to even greater adoption.
🧵3.Increasing use of stablecoins:
In 2023, I expect that there will be a continued increase in the use of stablecoins, particularly among merchants who want to accept crypto as a form of payment but are concerned about the volatility of the Crypto market.
DeFi refers to finance applications that are built on blockchain tech and do not rely on traditional financial institutions.
I expect there will be a continued expansion of DeFi options, including the emergence of new decentralized exchanges and lending platforms.
🧵/1 Increase use of cryptocurrency in developing countries:
In many developing countries, traditional financial infrastructure can be weak or non-existent, making it difficult for individuals to access financial services.
In these countries, crypto has the potential…⬇️
🧵/2 ….to provide an alternative way for people to transact and access financial services.
I expect that in 2023, there will be an increase in the use of cryptocurrency in developing countries as more people become aware of its potential benefits.this twitter thread.