Ethereum Can Replace Bitcoin

Ken Griffin, CEO of $35 billion hedge fund Citadel, thinks Ethereum will replace Bitcoin, and then ETH will get replaced by something else.

In an interview with CNBC’s Andrew Ross Sorkin, Griffin admits he’s nonetheless relatively skeptical of the crypto industry, and lists a host of unique elements of the area he’s still frightened about, such as environment concerns, security, and illicit activity. From his perspective, crypto is nonetheless in its very early innings, and will probably seriously change into something completely exceptional with all new players in the future. Griffin, whose internet worth is over $21 billion, says that Bitcoin will be changed by using something on the Ethereum blockchain with extra environment friendly technology.

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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