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economist also spoke about the alleged degree of centralization within the mining and developer community. Ethereums Vitalik Buterin also had some interesting insights on what present-day cryptocurrencies are buy bitcoin real estate supposed to become in the future. In fact, Zhu commented that his predictions may be off by upwards of 50 to 200.
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While Roubini said that it was not possible, Buterin commented that it wasnt impossible since central banks already hold gold reserves. Further, since many regulators impose KYC norms, anonymity and censorship resistance will be rendered moot, he said. Over the years, a number of zealots for the crypto ecosystem have made ambitious price predictions. Regardless, stepping back, it was made clear that Zhu still sees dramatically higher highs for the flagship cryptocurrency. Buterin responded by saying that anonymity was not mutually exclusive with finance.
China s role in, bitcoin and its growth story. Get the latest Cryptocurrency Blockchain technology news. Per a previous report from. NewsBTC, the former student of Wall Street, who completed stints at Goldman Sachs and Fortress Investments.