BusinessLifestyleMarketsPeopleSocial MediaTechnologyTrending NewsWorld

Moritz Herbert on the Future of Crypto in 2021 and Beyond

1 Mins read

Without a doubt, 2021 has been a breakthrough year for cryptocurrency. Bitcoin has hit an all-time high and there is a growing awareness among the public about the crypto market, thanks to increased investment and long-term advocates such as Elon Musk flying the flag. Blockchain and cryptocurrency have been touted as the future of finance. However, like all predictions, there is still a degree of uncertainty as to what will happen, particularly in today’s climate. We asked Moritz Herbert, the founder of popular YouTube crypto channel CryptoMo, about his thoughts on the future of crypto in 2021 and beyond. As usual, his reflections and musings were both revealing and illuminating.

“I believe we will look back on 2021 as the year crypto broke into the mainstream,” says Moritz Herbert. “For the first half of the year, it was consistently under the spotlight and more and more people were waking up to its vast possibilities and potential. The industry is still in its infancy and constantly evolving, so predicting anything is not set in stone as of now. However, I think it’s a safe guarantee that if you want a healthy return on your investment, now is the time to pour your money into some viable forms of cryptocurrency because this gold rush is about to take off big time.”

Probably the one thing that all cryptocurrency analysts agree upon is that governmental intervention in the form of regulation is on the cards. Moritz explains, “Lawmakers globally are in the process of ensuring cryptocurrency continues to attract investors and deters cybercriminals. Clear regulation comes with its own hurdles, but ultimately it would be welcomed by everyone in the industry. We don’t want to end up in a situation like China, where the authorities have banned cryptocurrency because they cannot control it. Regulation would make life a lot easier for the IRS and investors. Sensible regulation would be a win for all.”

Another exciting prediction that Moritz Herbert makes for the crypto market is the adoption of cryptocurrency and blockchain by mainstream industries. He states, “AMC has announced it will accept Bitcoin payments by the end of the year, and Tesla is already testing it. I believe it’s only a matter of time before a giant retailer such as Amazon announces it will accept crypto payments and the chain reaction will be huge.”

Trending

1539 posts

About author
DN News Desk is the editorial wing of Digital Nod, an award-winning digital PR & marketing agency. Committed to delivering timely and insightful news coverage of global events, DN News Desk's team of seasoned journalists and editors ensures that readers are well-informed about the latest developments across various domains. With a finger on the pulse of current affairs, DN News Desk strives to provide accurate, balanced, and thought-provoking articles that shed light on the ever-evolving global landscape. From breaking news to in-depth features, DN News Desk's contributions aim to empower readers with knowledge and perspectives that matter.
Articles
Related posts
Trending News

Eminem Fires Shots at Diddy Over Cassie Incident on New 'Shady' Album

1 Mins read
Eminem’s latest album, “Death of Slim Shady (Coup de Grâce),” is a testament to his commitment to pushing boundaries, particularly evident in…
Business

Creative Ways To Boost Your Business Visibility

4 Mins read
Being visible and sticking out in the competitive market of today is essential for every organization. Being visible may have an effective…
Business

Online Advertising: The Digital Age's Marketing Marvel

5 Mins read
In the dynamic world of marketing, online advertising has emerged as a game-changer, transforming the way businesses reach and engage with their…

Leave a Reply

Your email address will not be published. Required fields are marked *