Since 2014, the annual list of CoinDesk for the “Most influential” people in the digital currency space has been a year-end vacation tradition 2014.
It is their way of recognizing the finest and those shipping the most popular products. CoinDesk praises people who require digital currency the most and established a high standard for us all. The crypto news site celebrated individuals who were well-known in the crypto space but famous outside it.
However, this year, the news site has a slightly different plan. They are still planning to publish the list in December but the trend has changed. In 2021, crypto transformed into a global phenomenon from being a financial asset. It seems cryptocurrency is disrupting and starting to replace everything else.
Definition of influence has changed
Earlier, “influence” in digital currency meant creating an impact on a system, which was relatively enclosed. It could now mean transforming the world. For instance, NFTs or non-fungible tokens are still items for speculation. The technology is quite popular with culture makers.
Famous media brands such as The New Yorker, Fortune, and The Economist are experimenting with these exceptional crypto assets to collect funds for charity and also for the business operations of the publishing industry. The same is applicable for scientists, artists, and musicians.
In 2020, Bitcoin featured on the balance sheet of some Fortune 500 tech businesses. However, BTC has ended up being a treasury asset.
The increasing popularity of crypto assets or stablecoins created to maintain a stable value is compelling governments to make changes in their currency for the 21st century. Only a handful of nations have issued CBDC or central bank digital currencies, and many countries are contemplating them.