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Chris Burniske discusses how the world of crypto could change in the traditional financial sector

Chris Burniske discusses how the world of crypto could change in the traditional financial sector
  • Over the past few months, the world has been going through some strange and uncertain times. 
  • With the outbreak of COVID-19 spreading throughout the world and demonstrations happening in countries on a global scale, everything is a little bit topsy-turvy right now.

Over the past few months, the world has been going through some strange and uncertain times. With the outbreak of COVID-19 spreading throughout the world and demonstrations happening in countries on a global scale, everything is a little bit topsy-turvy right now.

In terms of the crypto market, we have seen some significant spikes and some horrifying crashes but just last week, CNBC reported that even though the Dow Jones experienced a 400 point rise, Wall Street still clinched the biggest weekly loss since March.

Many experts are putting the blame on government interventions with many people predicting that these actions from the government could have a negative impact and eventually lead to an economic downturn.

A current partner at Placeholder Venture Capital, Chris Burniske believes that the world of crypto is about to change in the traditional financial industry. 

According to him, he has said:

“$BTC & $ETH could become more reliable macro-indicators than stocks & bonds, given all the government meddling in the more traditional markets, not to mention global 24/7 liquidity in crypto.”

Chris further acknowledges the hardship swings the world of crypto experiences, however he is still very confident that many assets of its nature are going to spike in the future. He further said:


For more news on this and other crypto updates, keep it with CryptoDaily!

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