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Bitcoin Enters A New Phase Of Development Thanks To Coronavirus

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According to Cameron Winklevoss, co-founder of the Gemini crypto-exchange, thanks to the coronavirus pandemic, Bitcoin is entering a new phase of its development.

Cameron Winklevoss

The entrepreneur has posted several posts on Twitter. In them, he analyzed the impact of the pandemic on the dynamics of the cryptocurrency industry.Cameron Winklevoss twitter

Cameron Winklevoss is known as an ardent supporter of BTC. He has repeatedly stated earlier that the massive introduction of Bitcoin will lead to an increase in the value of this asset. 

The co-founder of the Gemini platform is confident that the economic crisis triggered by the spread of COVID-19 will be an excellent chance for Bitcoin. The first cryptocurrency just appeared as a kind of response to the global crisis of 2008-2009. This tool has become the solution to many problems.

A similar point of view was previously expressed by the economist John Waz. He believes that the global crisis will be a good chance for BTC to strengthen its market position. Many states themselves support the crypto sphere. They printing a new state currency and devaluing the fiat money.

 

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