James Rogers, legendary investor with decades of experience in the commodities markets as the “Adventure Capitalist”, stated his opinion regarding Bitcoin and Blockchain’s future during Mark O’Byrne’s, GoldCore’s Director of Research, Episode 7 of the Goldnomics Podcast. Here’s top notes regarding cryptocurrencies in short.
Cryptocurrencies probably will be government’s money
Regarding cryptocurrencies James Rogers said
‘Whether we like it or not, Bitcoin and most other cryptocurrencies may not survive into the future because government have the guns and government don’t like losing control.’
Blockchain has a spectacular future
Different opinion was stated about blockchain,
‘Blockchain is one of the most important things going on in the world today. Blockchain will change everything we know. I don’t suspect any cryptocurrencies will survive, probably all of them gonna disappear. But blockchain has a spectacular future. I wish I could find a good way to invest.’
James Beeland Rogers Jr. (born October 19, 1942) is an American businessman, investor, traveler, financial commentator and author. Rogers is the Chairman of Rogers Holdings and Beeland Interests, Inc. Together with George Soros He founded Quantum Fund. James is also a creator of the Rogers International Commodities Index (RICI).
Video: Full Episode 7. Goldonomics Podcast. Cryptocurrency theme starting 17:53 min.
Image courtesy of www.marketwatch.com
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