September 12, 2018By Adrian Barkley
“I do believe the entire world wealth will turn into cryptocurrencies like blackhole and grow much bigger in the future. Cryptocurrency will hit 10 trillion USD market cap before @Apple and @Amazon do. We will see. Time will tell.”This tweet was in direct response to the co-founder of Ethereum, Vitalik Buterin, who had made some clarifications on what he believes the future of crypto holds. Sun isn’t the first person who has optimistic views on the future of crypto and potential growth that it holds, multiple watchers have pointed out that when the internet was first brought to light it wasn’t seen as a big thing… now it is in everything we do. Buterin clarified that he didn’t believe that the crypto space would not grow, just that it wouldn’t grow in an 1000x price increase. One of Buterins tweets said:
“To be clear, I never said that there is “no room for growth”in the crypto ecosystem. I said there is no room for *1000x price increases*. A 1000x price increase from today means $200T in crypto, or ~an entire 70% of today’s global wealth being in crypto.”After a series of tweet, Sun responded with the aforementioned tweet mentioned above. Buterin clearly has a different approach to cryptocurrency acceptance. Despite whether his approach is true or false, there is room for big growth in the crypto space. Where do you see crypto’s future going? Will there be a massive surge or a colossal drop? Let us know what you think down in the comments!