RATE Group | Cryptocurrency Could Pave Way for New Financial Order, Says Expert
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Cryptocurrency Could Pave Way for New Financial Order, Says Expert

Cryptocurrency Could Pave Way for New Financial Order, Says Expert

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Despite the persisting bear market and low market sentiment, the potential impacts of cryptocurrency and blockchain technology remain astounding, and many investors have maintained their confidence in this fact.

One industry insider shares this sentiment, explaining in a recent interview with the Express, that cryptocurrency will likely change the current economic system for the better.

Marcus Swanepoel, the CEO of cryptocurrency exchange, Luno, expressed immense confidence in the future impacts of Bitcoin and cryptocurrency, but also noted that he is unsure of how soon digital currency will replace physical fiat currency.

“Money is not going to be the same forever and ever. I believe we happen to be sitting in the middle of one of these changes. I don’t know if it is going to be Bitcoin or Ethereum – or if it is going to happen in a hundred years or one year. But the future of money will involve some kind of global currency that is completely interoperable,” he said.

Many…

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