Finance Guru Predicts Asset To Be “Bigger Than Bitcoin”

Finance Guru Predicts Asset To Be “Bigger Than Bitcoin”

Ether is my biggest position, bigger than bitcoin. It is because many of the financial services and transactions take place in it. New software like Polygon is even being developed that consolidates transactions and lowers the overall cost. I am also an investor in that. So for me the best way to look at this, and I get asked on this topic all the time, do you like bitcoin over ether? Do you like solana on polygon, hedera, all that? I see things differently. I don’t think of bitcoin as a currency or token; I think of it as software, “he explained in an interview for Forbes.

“I do make long-term investments. But did I mention some of the ones I have. I own Hedera, Polygon, Bitcoin, Ethereum, Solana, Serum. These are bets on software development teams and there are many, many use cases for them. I think we’ll see a lot of different use cases emerge over time. ”Despite admitting that Ethereum is his cryptocurrency of choice, he stated,“ I’m not sure Ethereum is the best platform for financial services transactions because it’s too slow. ”

On the other hand, he referred to Bitcoin: “If you tell me that Bitcoin is in a bubble and overvalued, you may be right. But I don’t really care because it is an asset that millions of people own. And its market price is determined by The 24 hours of the day. I think it is an asset, not a currency. “

Finally, he considered that the future lies in the NFT: “I think non-fungible tokens will be bigger than Bitcoin. They offer a lot of value around authentication, inventory management and all kinds of use cases across different asset classes. I prefer NFTs tied to hard assets, physical assets “.

A lot of work is being done so that an NFT can trade on any blockchain, be it Solana, Ethereum, HBAR, whatever. These assets are going to be very big and I think 2022 will be the year of the NFT“, he concluded.

Source From: Ambito

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