Opinion: Cryptocurrency is Our Future
October 14, 2017
James Altucer, a millionaire and best-selling author, shared his opinion about the future of cryptocurrencies. According to his views, cryptocurrencies provide an opportunity to solve a lot of problems, related to the traditional financial system such as high dues and slow overseas transfers.
More than that, James Altucer thinks, several cryptocurrencies will be required for a great number of tasks. As for Bitcoin, it may be used as an international bank payment instrument, while Ethereum is better used to lodge money on the basis of smart contracts.
To Altucer's mind, cryptocurrencies, he names them 'data currency', are the next step on the road of global financial system. All of these steps will correct the defects of the previous system.