Bart Smith: Bitcoin is the currency of the Internet
Bart Smith, head of the digital assets division of the global investment market giant Susquehanna International Group, is sure that Bitcoin is a necessary element of modern society, because in fact it is the currency of the Internet.
Bart Smith, who is also called the "crypto-king of the Wall Street", believes that many people in the world work in one country, and they need to be able to send money to other countries.
According to him, transfers through well-known providers of cash transfers are too expensive and slow in execution.
If we talk about the crypto currency №1, " I can send money with Bitcoin. It's fast, it's cheap, and to be honest, nothing and nobody can stop me from doing it."
Smith also drew attention to the fact that after last year there was an interest in ICO and new cryptocurrencies, it turned out that in the market terms, many new cryptocurrencies are ahead of Bitcoin in profitability.
You know Bitcoin is an important deal when governments' try to define it as an investment. If this is it's path, then governments' will have control. But it isn't an investment. It's competition for the totalitarians of the world, and they are worried as they should be.