April 25, 2024

Cameron Winklevoss: Bitcoin's new rally will be very different

According to the founder of the Gemini crypto exchange Cameron Winklevoss, the new Bitcoin run will be of high qualitydiffer from previous jumps in its value.

On Twitter, he stated that cryptocurrencythe infrastructure is now more developed than in previous periods. This situation makes it easier for capital to flow into the industry, so investing in bitcoin can be more impressive.

Winklevoss stressed that even at the end of 2017there was no such extensive infrastructure that we see now. In addition, the number of quality projects in the industry has increased, which also inspires optimism for investors and stimulates their entry into this sector.

The Gemini founder also urged to take into account the inflation factor, which forces players to look for more reliable tools.

In this regard, Winklevoss shares the view of those who believe that fiat money is depreciating and more and more investors are starting to switch to gold and Bitcoin.

Cameron Winklevoss' BTC Rally Returns Soonspoke back in April in the midst of the coronavirus pandemic. He noted that the global economic crisis caused by COVID-19 is a great chance for Bitcoin to gain new investors and significantly increase in value.

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