The digital coin bitcoin may not be a currency that's to take and feel. But it's a currency that still gains trust in many. Bitcoins has grown to a large currency in a few years and has the potential to grow even bigger.
In 2011, there were about 1,000 bitcoin transactions each day. In 2017, the figure rose to 310,000 a day, according to the report, and in the same period the value of bitcoin in circulation has increased from 4.7 million. USD. to 17 billion. USD. If it continues for another 10 years, bitcoin will be the world's largest currency.
Bitcoin is debt-free and transactions are free and faster than the current banking system. Particularly for cross-border transactions. But the US is still the deciding factor for the future of the bitcoin. What the United States does in relation to bitcoins, most other countries also do.