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A&C Advisors Partner: Market Utility, Investor adoption And interest Will Drive One Or Two Cryptocurrencies To Surpass BTC
Summary: Daniel Strachman, the managing partner of A&C Advisors LLC, told Cointelegraph: "We are in the top half of the second inning of crypto and right now it looks like BTC will remain at the top, however, like the Red Sox fell apart this year, we just don’t know." Strachman believes that market utility and investor ...
Daniel Strachman, the managing partner of A&C Advisors LLC, told Cointelegraph: "We are in the top half of the second inning of crypto and right now it looks like BTC will remain at the top, however, like the Red Sox fell apart this year, we just don’t know."
Strachman believes that market utility and investor adoption and interest will push one or two crypto assets to surpass BTC.
He explained: “It is not going away. If a crypto asset surpasses BTC it will be because of market forces both investor interest and market utility. If you look at the top five companies by market cap in 1980, they were Exxon, GM, Mobil Ford and Texaco, today they are Apple, Microsoft, Google, Saudi Aramco and Amazon – things change and that is ok because that is how free global markets work."
By Mary Liu
Tags: A&C Advisors Partner,Bitcoin,Cryptocurrency,Daniel Strachman
Link: A&C Advisors Partner: Market Utility, Investor adoption And interest Will Drive One Or Two Cryptocurrencies To Surpass BTC [Copy]
