CEO Binance: Buterin wrong, the growth of cryptocurrency 1000 times possible

The cryptocurrency will increase 1,000 times or more, and the statement Vitality Buterin about the impossibility of such a scenario is wrong. This was stated by Director General of the world’s largest exchange Binance Chanpen Zhao. His word brings Bitcoin News,

According to Zhao, co-founder of Ethereum is considering the growth of the stock market from the point of view of traditional financial system where such a leap is impossible in principle.

Chapter Binance added that market growth will lead the launch of derivatives on Bitcoin and Ethereum. This scenario is quite possible, because the digital money has reached a “period of implementation in the financial system.”

Earlier acne Buterin explained his words about the impossibility of the growth of the industry 1000 times. He said he wasn’t talking about the overall market, but only a very low probability of 1000-fold the growth rate of coins.

I never said that the cryptocurrency industry as a whole there is no space for growth — it was about the courses coins. In the current situation, the growth of 1000 means that the market capitalization will amount to 200 trillion dollars. That’s 70 percent of all the money in the world.

Is there a future for ETH? Please share your comments in cryptodata of hontarov.

SUBSCRIBE TO OUR CHANNEL IN THE TELEGRAM TO LET EVERYONE KNOW.

Leave a Reply

Your email address will not be published. Required fields are marked *