Bitcoin will replace gold in 20 years. Even without scalability
Source:will soon replace the gold — sure of the General Director of the Block.One Is Brendan Blumer. The main cryptocurrency't even have to go through a series of changes, because it can «defeat» main the precious metal and at this stage of scalability.
The views of Blumer goes against the common view of many cryptoexpert. They unanimously assert that Bitcoin first you need to overcome some of the problems of the blockchain on the way to mass adoption in the world. It turns out, not exactly to compete with the gold one way or another cryptocurrency will have in 20 years.
theChange bars crypt
In fact, Bitcoin is going to be «digital gold» more logical, convenient and safe option to precious metal.
In the next two decades, Bitcoin will usurp the gold the title of the leading means of preserving wealth.
Blumer noted that a large part of economic activity will happen outside the blockchain BTC. Instead, users will conduct transactions in decentralized applications built on the second level of the ecosystem of cryptocurrency.
All activity will flow to scalable solutions second level, but the liquidity and popularity of Bitcoin will still continue to grow.
The CEO Block.One — not the only one who predicts the main cryptocurrency the title «digital gold». A similar prediction this year, the brothers Winklevoss. According to them, Bitcoin can become a better gold than gold itself. Keiser Report presenter Max Keiser recently «P2P-gold».
won't scale because it doesn't need to
— BrendanBlumer (@BrendanBlumer)
The Advantages of cryptocurrency are forcing even the most ardent opponents go to her side. Not so long ago a well-known investor Marc Faber bitcoin himself, saying his action «spectacular resistance» of the asset after such a long bear market.
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