Frank Holmes said bitcoin and ethereum will do well in 2021

[Power]

The well known gold bug, CEO and chief investment officer at U.S. Global Investors, Frank Holmes recently sat down for an interview and discussed his price predictions in regard to the 2021 value of gold. Holmes also said that cryptocurrencies will continue to do well next year, as he believes increasing bitcoin adoption and decentralized finance (defi) will benefit the industry.

A number of gold bugs like Peter Schiff are not too keen about bitcoin and cryptocurrencies. Then there are other well known precious metals proponents who have warmed up to digital assets like bitcoin.

For instance, the gold bug and monetary expert, Andy Hoffman, explained a few years ago that he had to change his “thought process to understand that bitcoin is no enemy of gold and silver.” In fact, Hoffman now believes that gold and cryptocurrencies are allies towards ending “the largest most destructive Ponzi scheme — Fiat.”

On Monday, the prominent gold investor and CEO at U.S. Global Investors, Frank Holmes talked about bitcoin during an interview with Kitco. Much like Hoffman, Holmes is enthusiastic about both types of assets performing well next year.

Jamie Redman
https://news.bitcoin.com/?s=Frank%20Holmes%20said%20bitcoin%20and%20ethereum%20will%20do%20well%20in%202021

[Paglamon]

I agree with Frank Holmes. Because Bitcoin, Ethereum is a popular currency, the demand is constantly increasing. As a result, it is expected that in 2021 these two currencies will do well.

[Msweet]

I think there is no need to wait until 2021 for this.  Bitcoin and Etherium tokens have been able to show it by the end of 2020.  The idea is that in 2021 Bitcoin and Etherium Token will celebrate the beginning of the year in a new form.

[TERMINO]

I agree. Bitcoin and altcoins could have a better days in 2021. The history can repeat itself from bearish to bullish. We are waiting for a long time when bull run? Big investors share their views about bitcoin next year. Not surprising that they look at it in a good way, then predicted that by the year 2021 time for bitcoin and cryptocurrencies to shine.