Ethereum & Cardano Founder: Cryptocurrency Will Become a Multi-Trillion Dollar Industry

Charles Hoskinson calls out the mainstream media’s constant predictions on the death of the cryptocurrency Ponzi scheme – scam bubble on Twitter predicting an influx of trillions of dollars from institutional markets once the next round of regulation is settled.

Hoskinson Calls Doom and Gloom Media Reports

There hasn’t been a day gone by since Bitcoin entered into the collective consciousness during its unprecedented 2017 bull run, carrying along with it along the terms cryptocurrency, blockchain, and digital money, that a headline hasn’t appeared warning the public of its inevitable demise and the financial destruction which would encompass all in the space.

With old money market bears like Warren Buffet calling the entire industry “rat poison” and headline-grabbing institutional heads like Mark Carney of the Bank of England calling for the fall of cryptocurrency every chance he gets, it’s refreshing to have a crusading voice on the side of the industry make a loud prediction every once in a while. It doesn’t hurt that in this case, that voice belongs to the founder of both Ethereum and Cardano Charles Hoskinson.

Hoskinson tweeted out to his 92 thousand plus followers criticism on the mainstream media’s “cryptocurrency is going to die broken record” stance. Predicting that when the present regulatory problems are settled “wall street is showing up to the party with all their locked up capital. That’s tens of trillions of dollars entering the space

Hoskinson is not alone in this opinion. Ever since Goldman Sachs solidified rumors of wall streets first digital asset trading desk and with recent clarity coming from the SEC clearing the way for Ethereum and possibly other crypto-based derivatives talk about the tidal wave of institutional monies coming to flood the crypto market has been ramping up.

Crypto Bulls put the Present Price Lull into Perspective

Wall Street’s ‘Crypto King’ Bart Smith who runs the investment firm Susquehanna International Group recently told CNBC in an interview focused on the interest of institutional investments into crypto and blockchain based technologies that: “[Regulatory] clarity will allow institutions to come in more than anything else because institutions don’t like to invest into uncertainty. So we’re just taking the most conservative approach that we can,”

Likewise, San Francisco’s Coinbase CEO Brian Armstrong told his employees in a series of tweets about the nature of the crypto market that:  “When there is hype, people are irrationally exuberant. When there is despair, people are irrationally pessimistic. Neither is true, reality is always somewhere in the middle, more correlated with real usage (transactions per day) than the price.”

The post Ethereum & Cardano Founder: Cryptocurrency Will Become a Multi-Trillion Dollar Industry appeared first on BitcoinLinux.

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  608. AaronBef Jun 23, 2018
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  610. MichaelTaupe Jun 23, 2018
  611. MichaelTaupe Jun 23, 2018
  612. CharlesAxods Jun 23, 2018
  613. AaronBef Jun 23, 2018
  614. Alfredaricy Jun 23, 2018
  615. Alfredaricy Jun 23, 2018
  616. CharlesAxods Jun 23, 2018
  617. MichaelTaupe Jun 23, 2018
  618. MichaelTaupe Jun 23, 2018
  619. AaronBef Jun 23, 2018
  620. CharlesAxods Jun 23, 2018
  621. MichaelTaupe Jun 23, 2018
  622. MichaelTaupe Jun 23, 2018
  623. CharlesAxods Jun 23, 2018
  624. MichaelTaupe Jun 23, 2018
  625. AaronBef Jun 23, 2018
  626. Alfredaricy Jun 23, 2018
  627. AaronBef Jun 23, 2018
  628. Bennyrak Jun 23, 2018
  629. MichaelTaupe Jun 23, 2018
  630. AaronBef Jun 23, 2018
  631. Alfredaricy Jun 23, 2018
  632. CharlesAxods Jun 23, 2018
  633. AaronBef Jun 23, 2018
  634. AaronBef Jun 23, 2018
  635. Bennyrak Jun 23, 2018
  636. AaronBef Jun 23, 2018
  637. MichaelTaupe Jun 23, 2018
  638. CharlesAxods Jun 23, 2018
  639. CharlesAxods Jun 23, 2018
  640. CharlesAxods Jun 23, 2018
  641. MichaelTaupe Jun 23, 2018
  642. MichaelTaupe Jun 23, 2018
  643. CharlesAxods Jun 23, 2018
  644. Alfredaricy Jun 23, 2018
  645. MichaelTaupe Jun 23, 2018
  646. AaronBef Jun 23, 2018
  647. Bennyrak Jun 23, 2018
  648. AaronBef Jun 23, 2018
  649. Alfredaricy Jun 23, 2018
  650. MichaelTaupe Jun 23, 2018
  651. AaronBef Jun 23, 2018
  652. Bennyrak Jun 23, 2018
  653. AaronBef Jun 23, 2018
  654. AaronBef Jun 23, 2018
  655. CharlesAxods Jun 23, 2018
  656. CharlesAxods Jun 23, 2018
  657. AaronBef Jun 23, 2018
  658. MichaelTaupe Jun 23, 2018
  659. MichaelTaupe Jun 23, 2018
  660. CharlesAxods Jun 23, 2018
  661. CharlesAxods Jun 23, 2018
  662. CharlesAxods Jun 23, 2018
  663. MichaelTaupe Jun 23, 2018
  664. Alfredaricy Jun 23, 2018
  665. Bennyrak Jun 23, 2018
  666. AaronBef Jun 23, 2018
  667. MichaelTaupe Jun 23, 2018
  668. AaronBef Jun 23, 2018
  669. CharlesAxods Jun 23, 2018
  670. Alfredaricy Jun 23, 2018
  671. Bennyrak Jun 23, 2018
  672. AaronBef Jun 23, 2018
  673. MichaelTaupe Jun 23, 2018
  674. AaronBef Jun 23, 2018
  675. AaronBef Jun 23, 2018
  676. CharlesAxods Jun 23, 2018
  677. CharlesAxods Jun 23, 2018
  678. MichaelTaupe Jun 23, 2018
  679. MichaelTaupe Jun 23, 2018
  680. CharlesAxods Jun 23, 2018
  681. Alfredaricy Jun 23, 2018
  682. Bennyrak Jun 23, 2018
  683. CharlesAxods Jun 23, 2018
  684. MichaelTaupe Jun 23, 2018
  685. MichaelTaupe Jun 23, 2018
  686. CharlesAxods Jun 23, 2018
  687. AaronBef Jun 23, 2018
  688. AaronBef Jun 23, 2018
  689. MichaelTaupe Jun 23, 2018
  690. Alfredaricy Jun 23, 2018
  691. Bennyrak Jun 23, 2018
  692. CharlesAxods Jun 23, 2018
  693. AaronBef Jun 23, 2018
  694. AaronBef Jun 23, 2018
  695. AaronBef Jun 23, 2018

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