Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => Crypto Exchanges => Kraken => Topic started by: Oxumare on June 17, 2020, 12:28:54 PM
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Kraken CEO Jesse Powell told Bloomberg in a recent interview that Bitcoin would surpass gold as a store of value in the long-term.
In a June 16 interview with Bloomberg, Kraken CEO Jesse Powell claimed that layer-2 solutions will in time make Bitcoin (BTC) as easy to use as the United States dollar.
In addition to improvements in Bitcoin’s utilitarian nature, Powell suggested that the eventual timing of institutional investors getting on board would rely on a herd mentality, and recommended Bitcoin as a hedge against the U.S. Federal Reserve’s current manipulation of the dollar.
Read More (https://cointelegraph.com/news/binance-to-launch-uk-trading-platform-for-institutional-and-retail-investors)