According to the founder of crypto currency exchange Gemini Cameron Winklevoss, a new race of bitcoin will be qualitatively different from previous surges of its value.
On Twitter he said that the cryptocurrency infrastructure is now more developed than in previous periods. This situation facilitates the flow of capital into the industry, so investments in bitcoin may be more impressive.
The next #Bitcoin bull run will be dramatically different. Today there’s exponentially more capital, human capital, infrastructure, and high-quality projects than in 2017. Not to mention the very real specter of inflation that all fiat regimes face going forward. Buckle up!
Cameron Winklevoss (@winklevoss) July 29, 2020
The winklevoss stressed that even at the end of 2017 was not such a widespread infrastructure that we see now. In addition, the increased number of quality projects in the industry, which is also encouraging investors and encourages their presence in this sector.
The founder of Gemini also urged to take into account the inflation factor that compels the players to look for more reliable tools.
In this respect, the Winklevoss shares the view of those who believe that Fiat money is worthless, and more and more investors are beginning to shift to gold and bitcoin.
About the imminent return of the rally BTC Cameron Winklevoss said in April in the midst of a pandemic of mers. He noted that the global economic crisis caused by the COVID-19, is a great chance for bitcoin to get new investors and grow significantly in price.