The future of finance will be different from what we know today. Vitalik Buterin is confident the Rothschilds will eventually lose their dominant position. Additionally, he isn’t too concerned about any “cryptocurrency bubble” either. With some major changes coming to Ethereum, the future looks promising for this cryptocurrency.
Changing the financial sector will not be all that easy. Cryptocurrencies will undoubtedly play a role of importance in this regard. In what capacity that will be, however, remains to be determined. If Vitalik Buterin is to be believed, fiat currencies will become a thing of the past fairly soon. Moreover, there is no such thing as a cryptocurrency bubble either in his opinion. This latter remark is not entirely unusual either.
Interesting Thoughts by Vitalik Buterin
Joost van der Burgt recently called Bitcoin a big bubble. Those comments are not appreciated by the overall cryptocurrency community. In van der Burgt’s opinion, the profit taking will only intensify. As such, the value per BTC is expected to decline even further as more time progresses. It seems highly unlikely that will be the case, though. This industry doesn’t behave like any other traditional asset.
Vitalik Buterin isn’t concerned about the price of Bitcoin or Ethereum. Moreover, the Rothschilds will see their control wane a lot sooner rather than later. Any rumors regarding them influencing cryptocurrency remain unproven to this point. No cryptocurrency market manipulation will take place on their end. They simply do not have the cash flow to pay any role of importance in this regard.
Last but not least, Vitalik Buterin remains excited about the future of Ethereum. This altcoin has some major scaling solutions coming soon. As such, it will continue to make a big impact on the cryptocurrency industry moving forward. Whether or not this will result in any major price gains, remains to be determined. If cryptocurrency can remain free from large-scale manipulation, an interesting future will be created.
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