As long as people perceive bitcoin as digital gold, its price will go up, Universa CEO Alexander Borodich says. According to him, many countries would like to have their own centralized, official cryptocurrencies.
Talking to RT on the sidelines of the Davos Economic Forum, Borodich said governments will definitely regulate cryptocurrencies. “From my perspective, they will offer state country-wide cryptocurrencies like crypto-ruble or crypto-barrel if they like to… back the oil they have or other natural resources.”
He added that we “will definitely see in 2018 the first signs of such national cryptocurrencies as an opposite to bitcoin.”
Source/More: Davos 2018: National cryptocurrencies to challenge bitcoin this year — RT Business News