Prediction: Bitcoin Will be The First King of Cryptocurrency

Recently, the bitcoin news that bitcoin will be the first king of cryptocurrency is hot. According to a recent statement by ICE founder (Jeffrey Sprecher), Bitcoin could become the world's first accepted currency. This is an extraordinary achievement, it can be made by encryption, which makes it even more excellent. Now, Sprecher has a plan that allows Bitcoin to take the next step to achieve this goal.

The plan includes the creation and release of a new company called Bakkt. The company will become a bridge between bitcoin coin, Wall Street and Main Street. In a recent interview, Sprecher said that Bitcoin has great potential and Bakkt will have a unique opportunity to reach it.

Ultimately, Bitcoin can be the preferred global currency, which will greatly simplify the process of transferring funds globally. In addition, the move will also introduce physical delivery of BTC futures and hosted cryptographic assets. Not only that, but some companies will join the move, including Microsoft and Starbucks. While this does not mean that Starbucks will actually begin accepting BTC, as some recent headlines incorrectly indicate that it will accept the fiat money that can be obtained by bitcoin trading on the Bakkt platform.

The move will also represent a major change in the ICE itself, considering that it is only a little over half a year, it said it does not want to rush to deal with Bitcoin and its products.

Bitcoin and other cryptocurrencies have been continually working hard to get into mainstream use for a long time. The bitcoin value was finally realized. Unfortunately, most of them did not succeed in any major victory in this field. Now, with the help of ICE, this may become a reality. Not only that, it may also attract a new generation of investors.

While older investors remain the biggest skeptics of new technologies, the younger generation is also very cautious about traditional financial institutions. Sprecher himself said that he said that millennials do not trust ordinary banks, asset management companies, brokerage companies, etc. If these institutions want to attract young users, they will have to provide them with the currency of their beliefs, and BTC may be a perfect choice.

Sprecher realized this a long time ago, and he even said in April that cryptocurrency is not a negligible trend. To some extent, he criticized the confidence of the younger generation in Nakamoto and not the Fed. However, he also realized that this is the case, and everyone needs to adapt to the new situation in order to maintain relevance.