External factors that might affect Cryptocurrencies in the future and Effect of potential regulations: Cryptography and Cryptocurrencies Assignment, NTU, Singapore

External factors that might affect Cryptocurrencies in the future

• Effect of potential regulations being placed on cryptocurrencies.
  • Provide stability in the price?
  • Increased protection for investors?
  • Will regulations reduce the decentralization aspect within cryptocurrencies?
  • Would regulations have a positive or negative effect on cryptocurrencies?

• Release of the digital currencies by Central Banks
  • Digital Euro (Digital Euro Whitepaper)
    • The potential effect of digital central bank currency on the value of cryptocurrencies
    • Digital euro might provide a more trustworthy alternative to a digital currency?
    • Is the decentralization aspect of cryptocurrencies that desirable that people would stick with Bitcoin and not switch away to central bank digital currencies?
    • How likely is it that the digital euro would be introduced to the public?
  • What effect did China’s Digital Yuan have on cryptocurrencies?

• Competition between privately owned currencies with government-owned currency
  • Can a monetary equilibrium consistent with price stability be reached?
• Can Bitcoin be used to hedge against monetary policies of the central banks like gold does?