Wednesday, November 10, 2021 7:45:22 PM
Could Kenny finally see the light?
“ Ethereum can also be used to store almost any information securely and privately on a decentralized ledger. And this information can be tokenized and traded. This means that the Ethereum platform has the potential to become a large market for trusted information. We are seeing glimpses of that today with the sale of digital art and collectibles online through the use of NFTs. But this is a tiny peek at its actual practical uses.”
“ It's not just Goldman that has a preference for ethereum over bitcoin. Earlier today, comments from one of the most powerful people in all of finance, Citadel CEO Ken Griffin, about Ethereum’s dominance over Bitcoin are attracting even more attention to the second-largest cryptocurrency, which is outperforming many others this year by wide margins.”
“Griffin, who like Jamie Dimon was a noted crypto skeptic in the past, said Wednesday at a conference that the crypto space could be disrupted by Ethereum’s blockchain.”
"We’re going to see Bitcoin be replaced conceptually by the Ethereum’s blockchain", he said at the DealBook conference. “Replaced conceptually by the next generation of cryptocurrencies that will have the benefits of higher transaction speeds, lower cost per transaction. Perhaps people will start to think about how to deal with security and fraud prevention better.”
“Griffin added he isn’t worried he missed out on crypto. “The train is, in some sense, still in the station,” he said.”
https://www.zerohedge.com/markets/citadels-ken-griffin-sees-ethereum-surpassing-and-replacing-bitcoin
"Be fearful when others are greedy, and greedy when others are fearful."
_Warren Buffett
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