Cryptocurrencies are at minuscule pace taking market share from the United States Dollar as a reserve currency. USD is still the most widely used global reserve currency.
The current military conflicts are contributing, speeding up a bit that trend.
Crypto acts as a store of wealth, away from government intervention. Akin to gold. Cryptocurrencies’ rise partially explains gold price’s stalemate in the last three years with all the current and past money printing.
Various cryptocurrencies cater for various needs. Cryptocurrencies tokens serve as an investment close to equities, an ability to invest in small projects.
As long as the public is interested in cryptocurrencies, Bitcoins and cryptocurrencies future in general is bright, according to Wolfteam Ltd.’s corporate view.
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