346
133 shares, 346 points

Brian Estes, CEO of crypto investment fund Off The Chain Capital, states that Bitcoin (BTC) will replace many traditional assets. Also, Brian Estes predicts that most Ethereum rival altcoin projects will eventually crash. As Kriptokoin.com , we have compiled the details for you, let’s examine the subject together…

Brian Estes: Bitcoin (BTC) will replace many traditional assets!

In a new interview with Real Vision, Brian Estes, CEO of Off The Chain Capital, says that the leading cryptocurrency is like a value-sucking black hole. Brian Estes adds:

Bitcoin is the winner of proof-of-work ni.e. PoW, which means that Bitcoin has become the monetary layer of the world. It’s replacing gold as a monetary layer… It’s absorbing the value of gold right now, and I think it has the potential to absorb the value of anything that’s a store of value: i.e. rare art, rare cars, eventually maybe the bond market and especially negative yield bonds and real estate. … I think this value will be absorbed by Bitcoin.

Brian Estes: These altcoin projects may disappear!

While Bitcoin dominates PoW, Brian Estes says things are different for PoS Blockchains. Brian Estes predicts that Ethereum (ETH) rival altcoin projects will be shaken. Brian Estes adds:

Solana, Tezos, you have all these thousands of other proof-of-stake Blockcahins. We don’t know yet which of these will win. Binance Smart Chain and Solana take significant market share from Ethereum as Ethereum is slower and more expensive. I would say that by the time we get to this shake-up phase in the next one to three years, almost all of the stakes blockchains will disappear and we’ll be left with just a handful of winners.


Like it? Share with your friends!

346
133 shares, 346 points

What's Your Reaction?

hate hate
1104
hate
confused confused
613
confused
fail fail
245
fail
fun fun
122
fun
geeky geeky
1226
geeky
love love
858
love
lol lol
981
lol
omg omg
613
omg
win win
245
win
Michael Lewis

Emperor

0 Comments

Your email address will not be published.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

Choose A Format
Personality quiz
Series of questions that intends to reveal something about the personality
Trivia quiz
Series of questions with right and wrong answers that intends to check knowledge
Poll
Voting to make decisions or determine opinions
Story
Formatted Text with Embeds and Visuals
List
The Classic Internet Listicles
Countdown
The Classic Internet Countdowns
Open List
Submit your own item and vote up for the best submission
Ranked List
Upvote or downvote to decide the best list item
Meme
Upload your own images to make custom memes
Video
Youtube, Vimeo or Vine Embeds
Audio
Soundcloud or Mixcloud Embeds
Image
Photo or GIF
Gif
GIF format