Cryptocurrency Growth and Acceptance Worldwide

Before Blockchain might have reached a stage of widespread acceptance in 2019, the revolution came to an abrupt end. The Gartner Group referred to it as "Blockchain fatigue." Another school of thought among experts is that virtual currency in general and Blockchain technology specifically have lost their appeal. After all, it had overstayed its welcome, so people reasoned that it might just be a phase.

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Practically speaking, the viewpoint is unsound. As of the 15th of March 2020, the crypto market is expected to have a total market capitalization of about $155 billion, according to current figures. Powers may incline to disapprove of cryptocurrencies in light of these figures and based on numerous financial organizations, but they are in support of Blockchain technology. Decentralized currencies like Bitcoin and others are disruptive, therefore progress has been similarly halted.

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