Meltem Demirors’ CoinShares released its mammoth Crypto Trends report yesterday. In collaboration with top research firms, institutions, and enterprises, their research identifies the top trends shaping the space.
If you want to check out the full 134-page report in-depth, be sure to download it here. If you want the Tl;dr version, here, we go over the highlights.
Top 10 Crypto Trends This Year
As CoinShares states at the start of the report, “knowledge is best when shared.” In order for the crypto industry to grow, “participants and outside analysts have to be able to identify, gather, and analyze data to tell the story of why this industry matters.” So, here’s what’s going on right now.
1. Macro Trends Are Setting the Stage for Bitcoin
The report starts out by taking a look at the background of how we got to where we are today. It seems that a whole host of macro trends are combining to create the perfect storm for Bitcoin.
In 2019, there is a growing disparity between rich and poor. Warren Buffet, Bill Gates, and Jeff Bezos own more than the bottom half of Americans.
At the same time, there is increased automation in the workplace, rising political tensions and unrest in countries like Iran, Venezuela, and Hong Kong, and increasing social backlash against capitalism and big tech companies.
This is accompanied by diminishing trust in banks and governments. More than 90% of people consider their government to be corrupt to some extent.
While these external pressures may not seem like crypto trends, they are coming together to “set the stage” for Bitcoin.
2. Hype Has Transitioned to Maturity
In other words?
Facebook
Twitter
Pinterest
Instagram
LinkedIn
RSS