RATE Group | END of Bitcoin? BTC dominance WILL slide over the next decade, says top expert | City & …
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END of Bitcoin? BTC dominance WILL slide over the next decade, says top expert | City & …

12 Dec END of Bitcoin? BTC dominance WILL slide over the next decade, says top expert | City & …

Posted at 14:40h in Cryptocurrency News by

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Nigel Green, CEO of the deVere Group, claims that a combination of superior technology and a new cryptocurrency which has not even been created yet will put an end to bitcoin’s dominance. Speaking exclusively to Express.co.uk, Mr Green says the flagship cryptocurrency will still have a part to play in the future of world finance, but it will be more as a supporting actor rather than a starring role. He said: “Bitcoin is likely to remain the dominant cryptocurrency for some time, but I do believe that its influence will decline over the next five to 10 years. “This is because as mass adoption of cryptocurrency grows, more and more digital currencies will be launched – by organizations in both the private and the public sectors.”

This, he explains, will increase competition for bitcoin and seriously dent its market share.

He said: “In addition, it is likely that bitcoin will be hit by the superior technology, features, and problem solutions offered by existing and…

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