NYDIG: WE’LL SEE AN ‘EXPLOSION’ IN BITCOIN DRIVEN FINANCIAL INNOVATION BANKING OVER THE NEXT YEAR!!

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“Bitcoin is life insurance” is how Ross Stevens, founder, and CEO of NYDIG, a BTC management company, which is the subsidiary of $10 billion asset manager Stone Ridge, defined the cryptocurrency in his latest interview.

Ross Stevens also revealed that he had a meeting with the heads of three of the world’s largest central banks about Bitcoin and inflation. He believes that we could see a central bank adopting the bitcoin standard or purchasing BTC as a reserve asset in the next 12 months.

In other trending Bitcoin News today: Ethereum co-founder Vitalik Buterin has posted a lengthy paper on the limits to blockchain scalability, criticizing claims made by Tesla’s CEO, Elon Musk.

“For a blockchain to be decentralized, it’s crucially important for regular users to be able to run a node, and to have a culture where running nodes is a common activity.”- Vitalik

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DISCLAIMER: This is NOT financial advice. The views and opinions expressed in this video are just opinions, nothing more. Trading is very risky, especially when trading with leverage. Seek financial advice from a professional and trade at your own risk because I am not responsible for any investment decisions that you choose to make.

Show Notes / Resources:

https://cointelegraph.com/news/vitalik-why-elon-musk-s-plan-for-scaling-crypto-10x-is-fundamentally-flawed

https://cointelegraph.com/news/biggest-ever-monthly-btc-price-drop-5-gyrations-to-watch-in-bitcoin-this-week

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