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    Home » The head of EOS: in 20 years Bitcoin will force out gold

    The head of EOS: in 20 years Bitcoin will force out gold

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    By BlockchainJournal on March 18, 2019 EOS News, News
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    The first cryptocurrency for 20 years will replace gold as the leading means of saving value. About this in his Twitter said the co-founder and head of EOS, Brendan Blamer.

    Over the next two decades, #Bitcoin will replace #gold as the leading commodity to store value

    – BrendanBlumer (@BrendanBlumer) March 17, 2019

    He added that after mining all Bitcoins, commissions on the network will inevitably increase, however, solutions for scaling, such as the Lightning Network, will provide users with cheaper cryptocurrency transfer options.

    But it will continue to be a problem.

    – BrendanBlumer (@BrendanBlumer) March 17, 2019

    “Activity will move to second-level solutions for network scalability. However, the adoption of Bitcoin and its liquidity will increase, ”said Brendan Blamer.

    Recall that in late February, chief investment expert at Newscape Capital, Charlie Morris, said that in a military conflict, investors would prefer gold to Bitcoin .

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