El futuro de las criptomonedas y su vínculo con la felicidad mundial

The last year has been a big one for cryptocurrency. We’ve seen Bitcoin hitting multiple new record-high prices followed by sudden drops and more institutional buy-ins from major companies. Ethereum, the second-largest cryptocurrency, has also recorded its latest all-time high last year. Meanwhile, people’s interest in cryptocurrency has skyrocketed, not just among investors but in popular culture too, thanks to everyone from Tesla’s Elon Musk to your next-door neighbor. But the crypto industry is only in its infancy, and it’s constantly evolving. Although it can be difficult to predict where things will go, we can expect lots of things in the coming months, from regulation to institutional adoption of cryptocurrencies.

So, while exact predictions are nearly impossible, let’s explore what the future brings for cryptocurrency.

1. Regulation

Worldwide, lawmakers are trying to establish laws and guidelines to make cryptocurrency safer for investors and less appealing to cyberattackers. It is thought that investors may get hurt if stricter regulations are not introduced. Clear regulation would remove a big roadblock for crypto since companies and investors are currently operating without clear guidelines.

2. Wider Institutional Cryptocurrency Adoption

Last year in the United States, mainstream companies across numerous industries have taken interest and even invested in cryptocurrency. AMC Entertainment, for example, recently announced it would start accepting Bitcoin payments by the end of 2022. Square, Venmo, and PayPal are also betting on crypto by allowing their users to buy and trade coins within their apps. Tesla also announced it would accept Bitcoin payments, and experts predict even more of these buy-ins.

There is also a possibility that bigger, global corporations could start adopting crypto by the end of this year. As institutions get involved in crypto, they can jumpstart a chain reaction of others accepting it, adding to the credibility of this currency. This will slowly lead to more retailers accepting payments which may change the economic landscape in the future. Since analysts predict that the global cryptocurrency market will more than triple by 2030, reaching a valuation of nearly $5 billion, investors, businesses, and even governments should not ignore it.

3. Volatility

The downside of crypto is that it can be temperamental, especially Bitcoin. When it was introduced in 2009, Bitcoin had no value. Twelve years later, its price broke $50,000, marking an increase of 74%. Consequently, many now talk about cryptocurrencies as a hedge against inflation and uncertainty related to the purchasing power of the dollar. Whether this volatility can be controlled is a question yet to be answered.

How Will Cryptocurrency Effect Global Happiness?

So, how can cryptocurrencies positively impact the world? Let’s explore:

**1. It Will

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