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From Bitcoin vs. fiat to a new way of using Litecoin, here are some of the stories that are emerging in the world of crypto.
Bitcoin
Tim Draper, an investor in the field of crypto and bitcoin, said the BTC would reach $ 4 million. In an interview published by TheBitcoinOfCryptoStreet of YouTube, the capitalist billionaire explains why he believes that bitcoin and crypto are going to exceed fiduciary money.
"This is how I see things. There is about $ 100 trillion in fiat currency on the market. Fiat currency is a poor currency. It's related to political whims. It's related to political parties. The bureaucrats control it. It's not really good for you, and all the brightest new engineers are working on crypto-currencies. So I have the impression that, over a period of time, I do not want to go into details, but cryptocurrencies will eclipse fiduciary money in advance. So we are looking at about 1,000 times what we have now. "
If the total market capitalization of cryptocurrency increased by 1,000x, a bitcoin would be worth about $ 4 million, since the current price of the main cryptocurrency is just over $ 4,000.
Draper will not specify how long it takes for cryptography to outperform the fiat. But in terms of adoption, he recently told NBC Bay Area that bitcoin and crypto would be the norm at Starbucks in a few years.
"I think when you go buy a cup of coffee at Starbucks and try to pay in dollars, they will make fun of you because you do not use Bitcoin or any other cryptocurrency. They will make fun of you. It will be as if the old lady was paying with pennies. "
Ethereum
The latest blog post devoted to Week in Ethereum, sponsored by ConsenSys, is available.
This week's edition covers the latest news from Ethereum 2.0, a new meeting of the platform's key developers, FunFair's first blockchain licensed casino game, and more.
Ripple and XRP
Brad Garlinghouse, CEO of Ripple, and Dan Schulman, CEO of PayPal, clashed at the Fintech Ideas Festival in San Francisco.
Garlinghouse told Schulman, who had previously criticized cryptocurrencies as an inefficient form of money, that banks and financial institutions were lagging behind for a major restructuring of their infrastructure.
"The infrastructure for the correspondent bank was built decades ago, we can and we will do better." – @bgarlinghouse on the challenges of sending money abroad today at the FinTech Ideas Festival. # FIF2019 pic.twitter.com/lugx50FQiL
– Ripple (@Ripple) March 28, 2019
Meanwhile, TechCrunch founder Michael Arrington is pushing the mainstream trading platform Robinhood Crypto to add the XRP.
I just received my @RobinhoodApp install. Trying to understand why I can not buy XRP? @joshelman let's make it happen!
– Michael Arrington (@arrington) March 21, 2019
Robinhood says he plans to add more parts in the future, but has not revealed details. The platform currently supports Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Ethereum Clbadic and Dogecoin.
litecoin
Loans backed by litecoins are now available on Nexo, in addition to Bitcoin, Ethereum, XRP, Binance Coin and Nexo. You can check the details here.
We are pleased to announce Litecoin as a new guarantee option for Nexo's instant credit lines.
Long-term care holders can now access instant cash in a currency of more than $ 45 while maintaining the upside potential of their securities. #LTC!
https://t.co/hqq0TtRbK9– Nexo (@NexoFinance) March 29, 2019
Cardano
IOHK, the creator of Cardano, has just released a new video presenting his Haskell programming language course in Ethiopia. Nineteen Ethiopian and four Ugandan students have recently graduated from the program.
Stellar
The Stellar Portfolio and the Stellarport Distributed Business Customer have just launched their desktop application for Windows. A beta version of the Android platform app is also available on Google Play.
Happy to announce the release of our @The Windows desktop application now available at the @MicrosoftStore: https: //t.co/4bqDNAj9yz
– Stellarport (@stellarportio) March 29, 2019
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Disclaimer: Daily Hodl's advice is not investment advice. Investors should exercise due diligence before making high-risk investments in Bitcoin, Cryptocurrency or digital badets. Please note that your transfers and transactions are at your own risk and that any loss you may incur is your responsibility. The Daily Hodl does not recommend buying or selling crypto-currencies or digital badets, and the Daily Hodl is not an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
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