Founder of Cardano: to recover Bitcoin will take 11 years

Back to the indicators of 2017 at the level of $ 20,000, Bitcoin will be able not earlier than in 10-11 years. However, for this cryptocurrency should begin to use millions of people. This was stated by the founder of Cardano, Charles Hoskinson, writes Cointelegraph .

According to the entrepreneur, institutional investors who are interested in complex trading strategies and tools will be able to give impetus to the development of a Bitcoin ecosystem.

“Digital money developers should present a well-thought-out roadmap to major players, since Wall Street has long been looking for new derivatives, options, short sales for investment, ” Hoskinson said.

He also added that serious players will allow the crypto bank to forget about volatility.

Recall, according to Satoshi Capital Research, in 2018, the Bitcoin network processed transactions totaling $ 3.2 trillion . This is only $ 0.3 trillion less than in 2017, which is considered to be extremely successful for cryptoinvestors.

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