Chinese financier Chandler Guo, who has invested in several bitcoin and Ethereum Classic startups including vital bitcoin mining pool BW.com, settled during a Annual Meeting of a New Champions in Tianjin China that a universe GDP will be formed on bitcoin.
Since a introduction of bitcoin in early 2009, a tellurian financial complement and marketplace have altered drastically. Banks have begun to exercise disastrous seductiveness rates, countries like India and China have started to levy despotic regulations on item government and a value of money is commencement to blur divided as executive banks and governments are looking into a growth of digital currencies.
Guo states that like any record or product, a world’s financial marketplace and financial systems are going by a vital change. Existing financial networks, platforms and services are being transposed by financial technologies or fintech, and non-bank use providers have gained adequate marketplace share to plea widespread organizations and institutions.
“This thought (current tellurian financial and financial systems) will die,” Guo explains. “Revolution means when this thought comes out to the