1confirmation Founder: ETH's Neutral Value Storage Scale May Approach $120 Trillion

Bitget App

Trade smarter

Bitget

News

Chaincatcher2025/05/19 02:09

Show original

ChainCatcher reports that Nick Tomaino, founder of 1confirmation, stated on the X platform that if one truly believes cryptocurrency is about empowering humanity, then one must believe that all cryptocurrencies that allocate 50% of tokens to insiders for rumor spreading and selling will eventually trend towards zero, while credible neutral value stores like ETH may scale towards $120 trillion.

Nick Tomaino added that the original intention of cryptocurrency was to take control away from large financial institutions, but now those institutions are heavily driving up Bitcoin, indicating that Bitcoin may no longer be the people's currency.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops

Lock your assets and earn 10%+ APR

Lock now!

Trending news

Data: BTC options expiration of 143,000 contracts with a max pain point at $98,000; ETH options expiration of 572,000 contracts with a max pain point at $3,400.

Qian Fenglei, Chairman of Hengfeng International Group, donates HK$12 million to urgently support the fire rescue at Hong Fook Court in Tai Po.