Prominent Bitcoin Bull Anthony Pompliano: Altcoins Will Drop Liquidity and Fade Away
The veteran investor and crypto expert Anthony Pompliano says that the day is not that far when due to the scarcity of liquidity many (in fact most as per him) of the Altcoins will leftover.
Anthony Pompliano, Morgan Creek Digital VC fund’s partner and co-founder, a master at investments in cryptocurrency, usually named as ‘Pomp,’ continues to give something to the crypto community to carefully consider the crypto and its connection with the present economic system.
This time around, Pomp has said that it will take only ten years for the banks to acknowledge that bitcoin could be a reserve currency; not many of the banks have adopted that attitude presently.
Goldman Sachs has been working along with cryptocurrency trading, and of course, JPM coin has been launched by JP Morgan as its personal crypto.
XRP is no exception, or is it?
XRP haters came there immediately and said that XRP would be no longer available, as it is substantial and manipulated slowly by the parent company Ripple. A user said that he does not trust XRP as it is for banks.
A twitter user even answered a question to John McAfee in the conversation about the disappearing of Altcoins in the coming times. The user in question is ‘Crypto baron,’ who posts his remarks about altcoins on his account on twitter mostly.
A few guessed that privacy-oriented Monero and Bitcoin Cash would survive aside from Ethereum and Bitcoin. John McAfee never accepted the invite to join the conversation.
Also, be sure to listen to Pomp narrate this fantastic piece by Ray Dalio on Paradigm Shifts.
Bitcoin’s price is $44,209.35 BTC/USD exchange rate today. The real-time BTC market cap of $827.27 Billion currently ranks #1 with a chart dominance at 62.37%, daily trading volume of $42.52 Billion and live coin value change of BTC -4.00 in the last 24 hours.
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