Crypto VC says Bitcoin set to replace gold with 100x Surge, Plus Ripple and XRP, Ethereum, Stellar, Cardano, IOTA, Nano: Crypto News Flash



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From the status of Bitcoin as digital gold to a new adoption for XRP, here are some of the stories that are interrupted in the world of Crypto.

Bitcoin

Venture capitalist Crypto Lou Kerner says Bitcoin is on track to become the new gold.

In an interview with Bloomberg, the founding member of CryptoOracle, based in New York, states that the market capitalization of Bitcoin has already surpassed silver, and believes that cryptocurrency will ultimately be a decisive turning point to the Internet.

"What has evolved today is a store of value, and today, the main store of value is gold, it's $ 8 billion, and today Bitcoin is about $ 60 billion, so I think it has the opportunity to effectively replace gold as a repository of dominant value, in which case it can rise more than 100 times compared to where it is today. "

Ripple and XRP

Ripple published an extended clip of a new interview with Asheesh Birla, senior vice president of the company's product. Birla talks about xRapid and looks forward to what is expected of the XRP cross-border payment solution in 2019.

Meanwhile, XRP is seeing a new takeover, thanks to the Internet Archive. The company, which stores the Web on its famous Wayback Machine, now accepts donations in XRP.

Ethereum

From the Bitcoin community to the Trump administration, the creator of Ethereum Vitalik Buterin has just closed 2018 by twisting a list of what he is grateful for.

extracts

  • The movement of open hardware
  • Bitcoin's survival culture and its benefits
  • The ability of the Lightning network to make progress – less ICO funds
  • The national fiat currencies that have remained stable
  • Governments that maintain a peaceful world order
  • The buttcoin subreddit
  • chirping

You can check the complete list Here.

Stellar

In a new interview with Yahoo Finance, Stellar co-founder Jed McCaleb, who also created the mountain. Gox and co-founder of Ripple, claims to have a forward-looking view on the cryptography market, despite the bear market that has lasted for a year.

"It's funny when people say that crypto is down, from my point of view, it's still very high, it's down from the peak, but on the whole it's very high, we do not focus on the price so much. too much.

But when prices are high, it means more people are interested and you have money to do more things. "

Although he does not think that most financial institutions adopt Bitcoin, and while he believes that "ninety percent of these projects are B.S.", he thinks that different use cases will require different platforms.

"There are some things Bitcoin is good at, some things Ethereum is good at and some stuff Stellar is good at, and none of them can do all the right, which is not the way the software works."

Cardano

Charles Hoskinson is looking at 2018, with a long video of annual review on YouTube.

Cardano's creator talks about the current state of the relatively young platform and highlights the major milestones made throughout the year.

IOTA

Not to be outdone, IOTA has released a long year of revision.

The post covers IOTA's new partnerships, technological progress, and the development of the ecosystem, along with a brief preview of what will come in 2019.

"IOTA has always been designed to be, always have been and will always be an open source basic project.The Foundation has already prepared plans to make the community's commitment to development, research and adoption much more interactive and open in the new year, starting almost immediately. "

dwarf

The Nano team is also recapitulating its progress in the last year. A new post highlights key versions, assumptions and events in 2018.

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