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