Tuesday, July 13, 2021 3:16:32 AM
According to Guardtime, which works in the blockchain field, central banks from various countries have significantly accelerated the development of their own cryptocurrencies amid the pandemic. Experts believe that in the near future, at least one country will issue its digital currency. According to Luukas Ilves, head of strategy at Guardtime, "competition for the launch of state-owned cryptocurrencies is increasing, and the coronavirus has not only accelerated digitalization, but also changed the use of money by the population." Lockdown has sparked the growth of the online payments market, which is where CBDCs are most applicable. “The development of CBDCs has been accelerated by up to five years. There is also no doubt in our mind that a major central bank will soon launch a digital currency and we expect this to happen within the next three years, ” Guardtime analysts said.
The Bogdanov brothers announced that they had participated in the development of the first crypto coin
Former Russian-born theoretical physicists and TV presenters Igor and Grigory Bogdanov stated that they were personally acquainted with Satoshi Nakamoto. In addition, they claim to have been involved in the development of the first cryptocurrency. The Bogdanovs noted that they once collaborated with François Mizzi, who created the touchscreen. The scientist Soichiro Shimod worked in his laboratory, who is "related to a mythical character or group of people" associated with Nakamoto. According to the brothers, they often discussed the concept of digital currency with Shimod. The Bogdanovs also noted that in 2008 Nakamoto gave them two "first bitcoins in physical form." “As mathematicians, we were able to take part in the development of the Bitcoin source code, including the forecasting code,” the Bogdanovs said on the air of the French TV show Non-Stop People.
Bitcoin may fall to $10,000
Scott Minerd, investment director of Guggenheim Partners, believes that the BTC rate may fall to $ 10.000. He is confident that for now, traders do not need to buy bitcoins. “When we look at the history of crypto and we look at where we are, I mean, I really do believe this is probably a crash, and you know a crash would mean we’d be down 70-80% which, let’s just say that’s between 10 and 15 thousand," Minerd said. At the end of last year, Guggenheim Partners predicted a rise in the price of the first crypto coin to $400,000. And in early 2021, Scott Minerd confirmed the prediction but advised investors to fix some of the profits.
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