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anh Toan-

ALGO will become the “Google” of cryptocurrency January 16, 2022

at 21:59 287
Facebook


SkyBridge Capital founder Anthony Scaramucci says that Algorand (ALGO) will challenge top competitors in the crypto industry just like Google did in the early days of the Internet.

In a new interview with Digital Asset News, Scaramucci said that he is investing heavily in ALGO because he thinks it will displace many of its competitors.

“Currently, I have invested $250 million in ALGO. I think Algorand will become Google.

You and I, when we were kids, we logged onto the Internet with AltaVista. We use Lycos, America Online – even Prodigy, if you can remember that. In 1998 the company was called Google and people were saying, “Why do I need it? I've got all the other tools to get on the internet," and then people say, "You know it's faster. It has machine learning, more common algorithms. It gives better results. So Google has convinced people, and I think that's going to happen with Algorand."

Algorand is a PoS blockchain that allows developers to build decentralized applications (dApps) for financial services. This smart contract platform even challenges Ethereum, aiming to speed up transactions with lower costs.


“I think when the big businesses get into the tokenization side of the market and they start working in the DeFi world, they will need something as scalable, secure and decentralized as Algorand. So they won't have to worry about inflation - the erratic deflation of the methods they are using to exchange value.

Algorand for me is the future. More and more people will study it in depth and make a decision to choose it.”

In an interview on CNBC's Halftime Report in December, Scaramucci said that Algorand has the potential to topple Ethereum, the leading smart contract platform today.

At the time of writing, ALGO is trading at $1.39.

algo

Source: Tradingview

Join Bitcoin Magazine Telegram to follow news and comment on this article:

#algo #cryptocurrency #english
0

2 ответов

24 просмотра
Tim-

Nice one

0
16.01.2022
ALGO SuperStar-

link?

0
16.01.2022

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