So maybe doing your grocery shopping through BitCoin might seem like a distant, and unlikely, dream, there are several things cryptocurrencies can be used for right now! By analysing the current trends we can also speculate about what lies ahead and visualise what a world with cryptocurrencies would actually look like!
While other countries are still debating their stance towards cryptocurrencies Malta, a little Island in the middle of the Mediterranean is blazing the trail for cryptocurrency legislation in what can only be called a savvy financial endeavour. The bold approach taken by the Maltese Government has helped Malta to earn the nickname the “Blockchain Island,” and several Blockchain firms have moved in to set up shop and take advantage of operating within a secure and regulated legal environment.
BitCoin’s current prices are a far cry from its €17,500 peak in December of 2017. However, will BitCoin prices see another surge in value, and if this is the case, is it wise to buy BitCoin now with its current value?