How long will cryptocurrency last?

The Bitcoin ecosystem is still under development, making it possible, if not likely, that Bitcoin itself will continue to evolve in the coming decades. But regardless of how Bitcoin evolves, no new bitcoins will be released after the limit of 21 million coins is reached.

How long will cryptocurrency last?

The Bitcoin ecosystem is still under development, making it possible, if not likely, that Bitcoin itself will continue to evolve in the coming decades. But regardless of how Bitcoin evolves, no new bitcoins will be released after the limit of 21 million coins is reached. Serious bear market crashes in the fledgling cryptocurrency market have become almost commonplace. Keep in mind that in the last century the us stock market has only experienced five bear markets in which stocks fell by more than 30%.

Bitcoin is only 12 years old and the cryptocurrency market has had so many serious declines. The future prospects of cryptocurrency remain highly questionable. Defenders see unlimited potential, while critics see nothing but risk. Professor Grundfest remains skeptical, but he does admit that there are certain applications where cryptocurrency is a viable solution.

In recent days, several cryptocurrencies have seen their prices plummet to near-record lows. As a former Commissioner of the securities and exchange commission and an expert on financial systems, Professor Grundfest is uniquely positioned to comment on the future of cryptocurrencies. Instead of learning how to navigate a cryptocurrency exchange to trade your digital assets, you can add cryptocurrencies to your portfolio directly from the same brokerage that you already have a retirement account or other traditional investment account with.