Well-known investor: in 10 years bitcoin will be used by billions
Source:
According to the CEO of cryptoanalytical company Pantera Capital , disruptive technologies are usually «murderers categories», but Bitcoin could be called «serial killer». In an interview with Bloomberg, he explains that cryptocurrency has burst into dozens of sectors and demonstrated the potential to penetrate deep into the sub-sectors of the financial industry.
He is [a] good showing in cross-border cash flows… as a means of savings, especially if you live in a country with constant devaluations of the currency and strict capital controls.
Morehead is confident that the best days of Bitcoin are still ahead. Cryptocurrency in the next can be used for everyday payments. How to write for CCN, and although a couple of decades ago has violated or even destroyed some sectors of the economy, the financial sector remained intact. Bitcoin may lead to obsolescence of banks, plastic card services and international money transfers. We will be able to conduct all transactions directly, without intermediaries.
theBarriers to adopting Bitcoin
As the barriers to adoption of Bitcoin Morehead called the lack of convenient methods of purchasing cryptocurrency on exchanges. However, these problems are gradually being solved. He also reminded about the problem and the inherent limitation on the number of transactions per second.
This is a problem. In the next couple of years will be hard to scale these blackany. Ultimately, they will be able to handle tens and even hundreds of thousands of transactions per second.
Today, Bitcoin is trading at $ 5600. After the recent fall in capitalisation of the coin is 97 billion dollars, while the trading volume for the day exceeded $ 4.1 billion. More data to search for .
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