Although the cryptocurrency market behemoths Bitcoin (BTC) and Ethereum (ETH) have been consolidating their gains recently, plenty of cryptocurrency supporters have shared their optimistic prognoses for the industry’s future, including Elon Musk.
As it happens, Tesla (NASDAQ: TSLA) and Twitter (NYSE: TWTR) CEO was replying to a July 11 post by Twitter user Daniel, a.k.a. growing_daniel, who shared his prediction that, by the end of the decade, all traditional currencies might become digitalized through computer processors or graphics processing units (GPUs).
By 2030 all currencies will be backed entirely by GPUs which five years ago would’ve sounded like a crypto prediction
— Daniel (@growing_daniel) July 11, 2023
Namely, the author referred to the fact that proof-of-work (PoW) crypto miners use GPUs used to mine digital assets, as well as the growing trend of fiat currency digitalization. In response, the billionaire entrepreneur agreed with the general sentiment, albeit specify
We współpracy z: https://finbold.com/elon-musk-backs-bold-2030-crypto-forecast-potentially-catapulting-bitcoin-and-ethereum/
