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Is Cryptocurrency The Future Of Banking? 

1 min read

On Twitter, there are posts about Bitcoin being accepted in coffee shops across Europe. It is always known that western countries adapt new technology faster, maybe soon it will be widely accepted in Malaysia as well. 

Another user mentioned that with the recent crypto crash, many news outlets are claiming that this is the death of crypto. However, just a few years ago, Bitcoin was worth a fraction of what it is today, even after the crash. 

Now people are claiming that in 5 years, Bitcoin may be worth US$ 350k and if it drops to US$ 200k, the news outlets would still say the same. Another commenter mentioned that in  2013 the All Time High (ATH) for Bitcoin can get you a new laptop, and the previous ATH in 2021 can get you a brand new car. 

Excerpt: Bitcoin is at the forefront for global transactions today, regardless of the recent crash it had. It is widely accepted in the Netherlands, and more will follow suit soon. Will local banks start adopting cryptocurrency, or will we wait until it is in front of our doorsteps to finally get involved with it? 

YT Link:

TW Link: https://twitter.com/Brianvandijk19/status/1540071409757585417?s=20&t=3ru_MrRkUGIGxJgKrzX-hg 

TW Link: https://twitter.com/danheld/status/1539975991212118017?s=24 

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