Expert: Bitcoin and Ethereum can become mutually compatible world currency

Date:

2018-10-26 22:15:08

Views:

3452

Rating:

1Like 0Dislike

Share:

Expert: Bitcoin and Ethereum can become mutually compatible world currency Source:

Co-Founder of Luno Marcus Swanepoel gave an interview to the British Express. He was thinking about Bitcoin and other cryptocurrencies in the context of the catalyst for the formation of a new financial order. Marcus believes that, ultimately, cryptocurrencies can displace the existing financial system. The cryptocurrency has the potential to become a useful addition to the lives of people and greatly ease the everyday payments.

Marcus said that has nothing against the banking sector or the government, but is concerned that the system was founded in «not the digital age». Moreover, the current financial system, though not vicious, but extremely inefficient for the modern world. On Ambcrypto quote Marcus:

Now, we are somewhere halfway a significant change: I don't know whether it's bitcoins or esters, whether it happens in a year or in the next hundred years. But I can clearly see the formation of a fully compatible world of cryptocurrency in the future.

He believes that now people are interested in speculating and investing in . First, it has led to soaring prices and then the price has provoked even more widespread. So his company came to the case «pragmatic». In Luno realized the importance of cooperation with financial institutions and compliance with regulatory requirements.

In this industry we have one of the most pragmatic approaches… we interact with regulators from the very first day of Foundation of the company.

Recall, the financial regulator, the US SEC in the near future can the world's first ETF on Bitcoin from the company VanEck. And the total capitalization of crypto-currencies, an increase of 5 thousand percent over the next decade. Hopefully, the forecast will be justified, and courses will meet the previously stated results.

More data to search for .

Recommended

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

CRYPTOMACH / Maximum exchange rate of Bitcoin in the future, the output of the crypts on the map, Ycash and the Board of Finance

the long-awaited summer. Niche cryptocurrency supported the event and gave unusually hot week. During the last seven days, we learned about the new line of graphics cards from AMD, the mining in TON and hard forks . In addition dealt with the profita...

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

Co-owner Bitcoin.org Coinbase Pro ridiculed and called a stock exchange Scam

co-Owner Bitcoin.org and most popular forum about cryptocurrency Bitcointalk.org Cobra called Coinbase Scam Pro trading platform American crypto currency exchange Coinbase. In his tweet he wrote «if you read Coinbase Pro backwards, get the word ...

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

The Ethereum is a cryptocurrency Scam. A new report Chainalysis

When people learned how to create a new cryptocurrency and began to build their infrastructure like marketplaces, in the field began to appear and fraud. According to blockchain auditor Chainalysis for the past two years, fraud in the ecosystem has s...

Comments (0)

This article has no comment, be the first!

Add comment

Related News

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

VEB and the Grozny mayor's office transferred the housing sector on the blockchain

In February, the first Deputy Chairman of VTB Olga Dergunova positively the prospects of the blockchain. According to her, the technology will improve the speed of transactions and security standards. To move from words to action ...

Hacker 1337. How to hack Etherscan not to cause any harm

Hacker 1337. How to hack Etherscan not to cause any harm

Monday on the website Etherscan.io appeared a pop-up message with the numbers 1337. The visitors began to panic and spread rumors about hacking Explorer. really hacked, but the damage from a hacker attack was zero. About it writes...

Ukraine will begin to regulate cryptocurrencies. How and when?

Ukraine will begin to regulate cryptocurrencies. How and when?

According to the Ministry of economy of Ukraine, virtual assets will be introduced in the legal field for two years. A corresponding concept has been developed. Officials promise to introduce “friendly” conditions, associated with...

How to make money on masternode. Detailed instruction for beginners and first profit

How to make money on masternode. Detailed instruction for beginners and first profit

At the end of last year, began active growth of cryptocurrencies, so they take up GPU mining. In 2018, the courses dipped, causing many former enthusiasts now trying to get rid of the farms. However, the niche is not dead — it sti...

The moon here: Ripple doubled the income from the sale of tokens, XRP

The moon here: Ripple doubled the income from the sale of tokens, XRP

American technology company Ripple reported for the third quarter. According to the report, income from the sale of tokens has doubled compared to the previous quarter. The company sold tokens on 163,33 million dollars, more than ...

Why Satoshi Nakamoto deserves a Nobel prize?

Why Satoshi Nakamoto deserves a Nobel prize?

Alfred Nobel died regretting. Making a fortune on explosives, he indicated in his will that his money should go to annual award to those "who brought the greatest benefit to mankind." Generally acknowledged that the award in his h...

Binance refuses to acknowledge Ticker Bitcoin Cash. What does Bitconnect?

Binance refuses to acknowledge Ticker Bitcoin Cash. What does Bitconnect?

the Exchange suddenly found itself in the center rather pointless dispute. To Binance asked one of the visitors to Reddit with the requirement to explain why the name Ticker Bitcoin Cash in the marketplace is still not renamed to ...

Altcoins are preparing for bullrun. It is time to buy?

Altcoins are preparing for bullrun. It is time to buy?

overall, traders are quite optimistic predictions about the future of altcoins. Most market players expect the break of the key resistance lines to trade dollar pairs with EOS, LTC and ADA. This view coincides with the positive fu...

Quarterly report AMD's demand for GPU mining drops

Quarterly report AMD's demand for GPU mining drops

according to the report for the third quarter of 2018, said the increase in revenues to $ 1.65 billion. This is 4 percent more than last year. However, the company is expected to earn 1.7 billion. The decrease in profit is due to ...

Orphan, Stale and Uncle-blocks in the mining Bitcoin and Ethereum. What is the difference and how much to bring

Orphan, Stale and Uncle-blocks in the mining Bitcoin and Ethereum. What is the difference and how much to bring

Sometimes, your reward for found block of the cryptocurrency or less than usual or not at all. It is interesting to understand the mining and understand why this is happening? Well, this article is about, only the first read . PS...

Why the SEC will approve the Bitcoin ETF from VanEck in 2019? 5 reasons for confidence

Why the SEC will approve the Bitcoin ETF from VanEck in 2019? 5 reasons for confidence

Representatives of SolidX, VanEck and the CBOE held a meeting with the Commissioner of the SEC by Elad Roizman. They discussed the main reasons why the SEC should approve the Bitcoin ETF from VanEck, and SolidX. The new York inves...

Capitalization of cryptocurrencies gain 5 thousand percent. When?

Capitalization of cryptocurrencies gain 5 thousand percent. When?

At sunset of the first decade of Bitcoin a look back and fantasize about what will bring the next ten years. CEO global financial consultancy firm deVere Group claims that the total market capitalization of crypto-currencies until...

Tether burned 500 million USDT. What happened?

Tether burned 500 million USDT. What happened?

Yesterday the company, which is responsible for the release of the main stablein of the stock market, announced on Twitter on burning 500 million tokens USDT. Earlier, these coins were stored in the so-called «Treasury Tether...

How much will it cost Bitcoin by the end of this year? Expert opinion

How much will it cost Bitcoin by the end of this year? Expert opinion

in 2018 will end at around 22 thousand dollars for Bitcoin. At least in this analyst believes Fundstrat Global Investors Tom Lee. It turns out that the main cryptocurrencies, there is still remarkable potential for growth, but the...

The crypt for the metal:

The crypt for the metal: "Nornikel" will release its own stablon

the President of the company Vladimir Potanin expects to capture his share of the stock market. Head «Norilsk Nickel» announced plans to release stablein, which will be tied to industrial goods (metals) plant. According ...

Bitcoin Diamond adds to the Bithumb. Coin grew by 15 percent

Bitcoin Diamond adds to the Bithumb. Coin grew by 15 percent

the stock market is still very little activity. Without the need to constantly look at the charts of cryptocurrencies don't need, attention you deserve from the pampas of individual coins. Capitalization is still in the area 210 b...

When Bitcoin will finally budge? Look at the graphics

When Bitcoin will finally budge? Look at the graphics

Bitcoin is still trying to break out of the downtrend. In recent days the stock market is little changed, the main cryptocurrency isn't moving from one point. This is due to the catastrophic volatility digital assets lost most of ...

Bad advice: the three most common mistakes beginners in the stock market

Bad advice: the three most common mistakes beginners in the stock market

In the industry of cryptocurrency to rely on words more «experienced» investors simultaneously risky and rewarding. Some of their tips really can save and multiply your money, while others will cause full loss of Deposit...

HTC released the first smartphone on the blockchain. You can buy only for cryptocurrencies

HTC released the first smartphone on the blockchain. You can buy only for cryptocurrencies

HTC is still trying to fight for a place in the market. Now the company has decided to climb on the hype and released a blockchain smartphone. Remarkably, you can buy it only or ETH. Model Exodus 1 integrated with bloccano and is ...

The expert described the main condition under which Bitcoin will rise to a million dollars

The expert described the main condition under which Bitcoin will rise to a million dollars

Director-General's recent Money Button Ryan X Charles has posted a video where he shared his views on the current situation . He explained that the real value of the coin – the development of the financial system, which will offer...