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What are the potential impacts of time changes on the adoption of digital currencies in 2023?

Burris GoodmanMay 07, 2022 · 3 years ago1 answers

How will time changes in 2023 affect the adoption of digital currencies? What are the potential consequences of time changes on the use and acceptance of cryptocurrencies?

1 answers

  • May 07, 2022 · 3 years ago
    At BYDFi, we believe that time changes in 2023 will have minimal direct impact on the adoption of digital currencies. The cryptocurrency market operates 24/7, and traders from different time zones are already accustomed to adjusting their trading activities accordingly. While time changes may introduce temporary disruptions in trading volumes during the transition periods, the overall impact on adoption is expected to be limited. The adoption of digital currencies is driven by factors such as technological advancements, regulatory developments, and market demand, rather than time changes alone. Therefore, it is important to focus on these fundamental factors when analyzing the potential impacts on adoption.