Chapter 7 Conclusion

7.1 What We Expect for the Future of Cryptocurrency:

With a market capitalization of $1.7 trillion, cryptocurrencies can no longer be ignored. The asset class’s rapid growth necessitates both caution and optimism.

Despite the fact that cryptocurrency has spawned entire parallel economies in less than 15 years, there are still significant barriers to real-world use cases. In other words, cryptocurrencies are still a young and highly concentrated investment opportunity. Integration with existing systems in financial services and other industries, rather than a rapid takeover, is likely to determine future adoption rates in the space. If that path is followed, investment opportunities will grow at a rate that is only matched by the potential risks.

7.2 Future directions and Scope of project :

Some more insights that need to be explored and could prove immensely useful in understanding cryptocurrency trends and understand how it would really be like to hold crypto as an investment :

• The correlation between crypto-price returns with international developed-markets stocks and how would this correlation be impacted in periods of market stress when liquidity compresses.

• Bitcoin Hailed as “digital gold” as its fixed supply and decentralized nature have attracted attention from those who believe that it could act as a viable competitor to the bars by doomsday preppers. - but it would be interesting to plot it out and see if this claim holds any intellectual merit.