This is a question about the cryptocurrency market, and it looks like experts are already predicting what will happen next. Will bitcoin continue to lose value? What do you think will happen with Ethereum in 2018? Experts have their opinion on this topic.,
Sebastian is the CEO of Coinsource, a Bitcoin ATM company based in the United States.
“By 2022, we anticipate other nations, notably in Latin America and Asia, to follow El Salvador’s example and embrace Bitcoin as legal cash.” As a consequence, we expect to see a rise in the number of Bitcoin ATMs across Latin America and Europe. As more nations embrace crypto, the United States’ dominance in the market is expected to dwindle.
Cryptocurrency regulation will continue until 2022, which is a good thing. It must, however, be rational and equally applied to everybody. We have the opportunity to address compliance in many protocols once and for all, thus we must go forward. The industry is on the right track to raising compliance requirements, but there has to be a conversation between experts on all sides of the regulatory argument.
For many years, nefarious behavior in the crypto world has been on the wane. Aligning regulatory frameworks, such as the EU’s MiCA, would establish a fair playing field that will allow for long-term development. We believe that the United States will soon follow suit in establishing regulatory clarity and rules that will help it maintain its position as a global crypto innovation hotspot.
In 2021, the Bitcoin ATM, or BTM, sector saw massive expansion, with worldwide installations increasing by 70%. This does not seem to be slowing down anytime soon. We anticipate that, with so much activity in the market and high demand for BTMs from a variety of recognized and new target customer groups, the BTM area will continue to develop at a similar, if not faster, rate. The number of BTM installations is expected to reach 100,000 by 2025, and we believe this is a realistic estimate.”