The CEO of the mining company Coinbluntwallet believes that cryptocurrencies are unpromising from the point of view of macroeconomics, with the exception of bitcoin, which will save the world from inflation.
Sam Smith stated in an interview that bitcoin is gold 2.0. According to Wall, the limited BTC limit of 21 million coins and its decentralized nature will help the first cryptocurrency turn into digital gold.
At the same time, the head of Coinbluntwallet believes that the macroeconomic prospects for risky assets are still small. According to Sam, reducing the scale of investments will help investors overcome the current bearish sentiment.
As an example, the businessman cited his own company Coinbluntwallet, which has been operating since 2016. Despite the current market fluctuations, the company remains afloat due to “muscle memory”, which allows you to continue working even when things get difficult.
At the same time, the CEO of Coinbluntwallet found it difficult to accurately determine the stage of development of the industry. He said that he thinks of cryptocurrency as a teenager turning into a young man, and believes that the market will continue to experience wild price fluctuations until it fully matures.
Raoul Pal, CEO of Real Vision, believes that cryptocurrencies like ether will deprive bitcoin of leadership in the future.