RATE Group | DeVere CEO predicts cryptocurrency sector expansion by 5000% in 10 years
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DeVere CEO predicts cryptocurrency sector expansion by 5000% in 10 years

24 Oct DeVere CEO predicts cryptocurrency sector expansion by 5000% in 10 years

Posted at 15:50h in Cryptocurrency News by

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DeVere CEO predicts cryptocurrency sector expansion by 5000% in 10 years

Bitcoin’s influence and dominance of the cryptocurrency sector will “drastically reduce” in its second decade, with the crypto market likely to expand by “at least” 5000% over the same period, according to Nigel Green, founder and CEO of deVere Group.

The bold forecasts come a week before celebrations to mark the 10th anniversary of Satoshi Nakamoto’s release of his Bitcoin whitepaper on 31 October.

Green said: “Next week Bitcoin, the original and still largest cryptocurrency by market capitalisation, celebrates its 10th anniversary.

“Bitcoin is what kick-started the crypto revolution and it has changed the way the world makes transactions, does business, and manages assets, among other things, for ever. It all began with Bitcoin.”

He continued: “However, while I don’t wish to rain on anyone’s parade, I believe that Bitcoin’s influence and dominance of the cryptocurrency sector will drastically reduce in its second decade.

“This is because as mass adoption…

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