March 22 2018 -

Bitcoin will not become the world’s sole currency

in 10 years

- there will be many successful cryptocurrencies - and Ethereum is likely to take over Bitcoin’s dominant status, affirms the boss of one of the world’s largest independent financial services organizations.

The comments from Nigel Green, founder and CEO of deVere Group, follows bullish Bitcoin claims from Jack Dorsey, the chief executive of social media giant, Twitter.

In an interview with

The Times of London

, Mr Dorsey said: “The world ultimately will have a single currency, the internet will have a single currency. I personally believe that it will be Bitcoin.” The deVere CEO, who in February launched the deVere Crypto app due to “soaring global demand”, comments: “Unlike Jack Dorsey, I do not believe that Bitcoin will become the world’s sole currency

in 10 years

.

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