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Hodl CEO: Cryptocurrencies Are Like the Dot-Com Bubble of the Late 90S

By WebsCryptoJune 28, 20221 Min Read
Hodl CEO: Cryptocurrencies Are Like the Dot-Com Bubble of the Late 90S
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During the European Blockchain Conference in Barcelona this week, Hodl CEO Mureau said it was like the dotcom bubble of the late 90s, so you are still in the early days.

A very solid use case for cryptocurrencies is becoming more and more apparent in the gaming industry, where people invest their time and get paid for it, all orchestrated by the blockchain. If there is no more issuance, there will be only 21 million BTC -2.04%-news/">Bitcoins.

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So, referring to hyperinflation in Turkey and Argentina, Mureau said that central banks cannot print more digital currencies.

So, for me, it’s a very safe hedge. 30% volatility in asset prices can be bad, but not if you lose 70% of your local currency purchasing power every year.

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DISCLAIMER: The information provided by WebsCrypto does not represent any investment suggestion. The articles published on this site only represent personal opinions and have nothing to do with the official position of WebsCrypto.
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