Future Of Bitcoin: Crypto Can Become More Important & Disruptive Than The Internet

This pretty bold claim was made by Circle. If you recall, Circle is the fintech firm that’s backed by Goldman Sachs.

The company has recently highlighted the fact that they completely believe in cryptocurrencies and they said that they are more into cryptos than ever.

All these issues and more have been addressed during Circle’s recent AMA session on Reddit.

The company’s CEO Jeremy Allaire and more members made sure to respond to a lot of inquiries posed by Redditors.

They have highlighted some pretty interesting developments that are taking place, and the CEO said that he’s expecting crypto to evolve a great deal.

Crypto can impact the world more than the Internet

To be more precise, Allaire said that the day would come when crypto will impact the world in a much more significant way compared to the invention of the Internet itself.

He also addressed the development of the stablecoin USDC and explained that the asset is becoming more and more popular because it gives large traders access to really important trading markets such as Binance, Coinbase, and Poloniex.

The latter is the crypto exchange that Circle bought back in 2018, at the beginning of the year.

Allaire said that this enabled them, “to execute trading strategies much faster, while still having seamless connectivity to reliable on and off ramps with the global banking system,” according to CryptoBriefing.

“In my view, crypto is a much more significant and disruptive innovation than the Web, and its impact on society, politics, economics, governance will be far far greater for humanity over time,” Allaire believes about the future of Bitcoin and crypto in general.

Recent Bitcoin predictions are really positive

Speaking of Bitcoin, the latest BTC predictions have been making crypto enthusiasts hopeful after the bearish 2018 which saw the whole market fall harder than ever.

We also reported earlier today that the famous cryptographer Nick Szabo believes that Bitcoin has the potential of someday replacing goldreports News.Bitcoin. This means that Central Banks might someday resort to crypto reserves as a way to supplement the national gold reserves.

Rada Mateescu

Rada attended the courses in the Faculty of Letters, Romanian-English section, and finished the Faculty of Theatre and Television, Theatrical Journalism section, both within the framework of Babeş-Bolyai University of Cluj-Napoca. Up till now, she reviewed books, movies, and theatre-plays, enjoying subjects from the cultural niche. Her experience in writing also intersects the IT niche, given the fact that she worked as a content editor for firms that produce software for mobile devices. She is collaborating with online advertising agencies, writing articles for several websites and blogs.

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