In a recent interview, the founder and current CEO of Tron, Justin Sun, aired his views on the future of blockchain technology, refuting the recent comments by Nouriel Roubini (popularly known as Dr. Doom) that the crypto space is the ‘mother of all scams.’
Nouriel Roubini, a lecturer at the New York University’s Stern School of Business, dissed cryptocurrencies and their underlying technology while he was testifying at the US senate, saying that cryptocurrencies were nothing but fraud.
In relation to this, Justin Sun stated that:
“Everyone is entitled to their opinion. In the case of Nouriel Roubini, I would have to say I do not agree. New things are almost always met with doubt and rejection by some. Very soon, reality will speak louder than words, and blockchain will be the new normal. It’s inevitable.”
Inevitable Future Of Blockchain Production Chain
“Very soon, reality will speak louder than words, and blockchain will be the new normal. It’s inevitable.”
He further added that:
“Blockchain will be the cornerstone to revolutionizing the production chain, creating a much friendlier environment for global economic growth.”
Justin’s Thoughts On Bitcoin And Ethereum
Being one of the most enthusiastic supporter of cryptocurrencies, Justin said that he still values the original digital currencies, Bitcoin and Ethereum, saying that they were,
“the gateway for many into the world of blockchain technology and showcases its potential extremely well.”
However, considering that Sun’s Project, Tron, is a competitor of Ethereum, he was quick to state that TRX transactions are starting to outpace those of Ethereum, hoping that soon his platform will displace that of Ethereum.
In light of this, he said that:
“TRON’s one day trade volume has surpassed Ethereum’s for the past few days in a row. This is a testament to the fact that TRON’s network activity is steadily increasing.”