RATE Group | Massive ‘Inevitable’ Bitcoin Prediction Made By Malta’s Prime Minister
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Massive ‘Inevitable’ Bitcoin Prediction Made By Malta’s Prime Minister

Massive ‘Inevitable’ Bitcoin Prediction Made By Malta’s Prime Minister

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Bitcoin, cryptocurrencies and blockchain have already been embraced by the government and people of Malta — which has tried to establish itself as the world’s “blockchain island.”

Now, in an address to the United Nation’s General Assembly, Malta Prime Minister Joseph Muscat has said he sees blockchain technology as the tool which will allow bitcoin and crypto to “inevitably” gain widespread, mass adoption and become the future of money.

Muscat has previously said he believes bitcoin and blockchain have the ability to eliminate third party service providers, giving users more freedom over information and money.

Malta’s Prime Minister Joseph Muscat is a die-hard supporter of bitcoin, cryptocurrencies and blockchain and branded Malta as “the blockchain island.”YouTube / United Nations

“I passionately believe technology revolutionizes and improves systems,” said Muscat. “This is why in Malta, we have launched ourselves as the blockchain island.

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