Although the role of bitcoin in the global economy is still evolving, Frank Holmes, the chairman of Hive Digital Technologies, and the investor Armando Pantoja, agree that their long -term trajectory is far from solving.
Talking to Rob Nelson, the host of the round table conference, they discussed whether Bitcoin returned to currency, evolved into a powerful technology, or as the ultimate storage of wealth.
Pantoja believes that Bitcoin’s long -term recruitment will be performed for more than a century. In other words, we believe that the impact on US dollars will gradually become gradually.
“At this stage, it may take 20 or 25 years to reach its true value to return to currency,” he said. “I think it’s bitcoin … This is a long -term long -term recruitment, and it will be done for over 150 years. You may not see Bitcoin becoming a currency in our lives. Our children will see it, or maybe our grandchildren will see it. “
But in the next few decades, experts agree that Bitcoin may strengthen US dollars if Bitcoin becomes a resurgent assets of the US Treasury.
“Return to the question that it may affect US dollars … 30 years later, 20 years later, in this middle period, it will take it before returning to currency. Bit of US financial resources. Panja will strengthen the US dollar for the next 20 years.
Holmes agreed and added that China and Russia had already considered Bitcoin as a financial tool for gaining more dollars.
“If you think about producers now, the United States is the largest, but China and Russia are still big producers. They want bitcoin because they can get it … it is for them. It is a conversion for dollars.
Holmes believes that the ultimate value of bitcoin is not only as a currency, but also a rare and collection -collected wealth storage.
“I think I have a Picaso print. If I had one of the original prints, they went up dramatically. Andy Warhol’s paintings, they were 100 times higher.” I said.
He compared bitcoin with unique collector items, especially bitcoin, which has never been circulating.
“One of the things I went to Hive is that we only mining with green energy and keep as many coins as possible. I think we have more than 2,800 bitcoin, They have never circulated, and when they offered a premium to buy them, they came from a green source.
Holmes believes that it is even more valuable than traditional wealthy shops like gold and art, due to the portcoin’s portability and rarity.
The story will continue