Published
5 years ago on
October 23, 2018
“We could see a rebound before then, but I think that’s going to be the real catalyst that drives the huge next bull run in my opinion. The crypto space overall [could grow] a good 10x from here.â€But adoption must first pick up for crypto and blockchain before there is any attempt at a rally. He also noted that while numerous decentralised applications are being released recently, most of them don’t have any users yet. Krug said that there are two main things holding back these apps being adopted. One reason is the high cost of converting fiat such as dollar, euros and yens to cryptos. The other reason is scalability, most of these apps aren’t scalable which means that consumers are burdened with there transaction speeds being extremely slow considering. However, Krug did say that these are problems which can be looked into over the course of next year. Pantera Capital is investing in companies and startups that try to solve these problems. Krug said:
“But I do think we will see blockchains as fast as VISA or Mastercard within a couple of years.â€What are your thoughts? Let us know what you think down in the comments below!
