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Forecast: blockchain and cryptocurrency market will grow up to $10 trillion within 15 years
An authoritative banking specialist predicts the strong growth of the cryptocurrency and blockchain market in the foreseeable future.
A report prepared by the analyst at the Royal Bank of Canada, Mitch Steves, contains data on the possibility of 13 times growth of cryptocurrencies and blockchain applications within the nearest 15 years, reaching the $10 trillion mark.
According to the author of the report, investors now already must enter directly into the cryptocurrencies. Steves points out that although cryptocurrencies are high risk investments, they offer great opportunities, and for that reason they inevitably turn into a multi-trillion market.
In the reputable banker’s view, blockchain and cryptocurrencies are the future of the global economy. Before long, they will turn into a giant market with the huge financial turnover.