.Jakarta, CNBC Indonesia - This year is the best time for those who invest in bitcoin. In December 2020 alone Bitcoin has set a new all-time record of US $ 23,000 per coin. Bitcoin is also getting more and more attractive this year even though the world is hit by a pandemic. Previously, Bernstein Research's Co-head of Portfolio Strategy, Inigo Fraser-Jenkins argued that Covid-19 would make the world make policy changes. Investors are also much more interested in saving their assets in bitcoin due to an increase in fiscal expansion and high inflation.
Then what about next year? One possibility is that more companies will adapt bitcoin to their platforms. The following are predictions of five bitcoin trends in 2021, quoted by CNBC International, Wednesday (23/12/2020): More Platforms For Bitcoin 2020 is indeed the evolution of bitcoin adaptation. Some of these include Square's US $ 50 million investment in Bitcoin and PayPal which can be used to buy and sell Bitcoin. Next year it will develop even more. An example is one US and European bank announcing a system where it can make Bitcoin purchases and store digital assets of its clients. Tech Giants Competition In the future, more technology giants will produce digital currency products. One of them is Google and Facebook which have moved in that direction. This is because digital payments still have a large market. Its greatest potential is that involving different currencies. Unfortunately, this transaction has taken days to date. But Bitcoin shows that it can rob that complex process. Central Bank Competition The competition for the Central Bank of a number of countries will also get hotter. This year is proof, the Bank for International Settlements report states that 80 percent of central banks are working on their digital currency. One of them is China which has developed its digital money. The local government also distributed 10 thousand envelopes containing 200 Renminbi Yuan via digital wallets.
New regulations One of the most exciting things about digital currencies this year is a change in policy. It seems that next year will also do the same.
The US President-elect, Joe Biden also had priority for cryptocurrencies in the first 90 days of his presidency. It is likely that the Biden Team will find a way to regulate digital currency in the future. More Difficult to Predict The future of Bitcoin is difficult to predict, because it is not directly related to what is happening in the real world. Recommendations for investing are also increasingly difficult in order to avoid enormous losses. There are several predictions that bitcoin might touch the US $ 50 thousand mark next year. However, it is also possible for bitcoin investors to bite their fingers in 2021.