My Biggest Fear w/ Cryptocurrency Going Into 2020 [Very Personal]
My biggest fear going into 2020 with cryptocurrency is the lack of regulation. Cryptocurrency is still a relatively new technology and it is largely unregulated. This means that there is a lot of potential for fraud and manipulation. As a result, I worry that many people will be taken advantage of and lose their money.
Another fear I have is that cryptocurrency will not continue to grow and evolve in 2020. Cryptocurrency has grown at an incredible rate in the past few years, but it is still in its infancy. There are still a lot of unknowns when it comes to how cryptocurrency will develop and mature in the future. I worry that the progress of cryptocurrency may slow down in 2020.
Finally, I worry about the potential for government interference. Governments around the world are beginning to take an interest in cryptocurrency and are looking to regulate it. This could be a good thing, as it could make cryptocurrency safer and more reliable, but it could also stifle innovation and limit people’s freedom to use cryptocurrency as they wish.
Overall, my biggest fear going into 2020 with cryptocurrency is that it will not continue to grow and evolve at the same rate as it has in the past few years. I also worry that government interference and lack of regulation could have a negative impact on the cryptocurrency industry.