Bitcoin [BTC] proponent Adam Draper: There will be more digital currencies than fiat in 10 years

The proponents in the cryptoverse have played a major role in controlling market sentiment and its updates and developments. In his latest podcast, Anthony Pompliano, the Founder of Morgan Creek Digitial Captial sat down with Adam Draper, the Founder of BoostVC and Bitcoin [BTC] supporter to discuss the state of the cryptocurrency market right now.

Pompliano claimed that the market right now is “awesome” and that he hasn’t been this excited about the market for a long time. He added that he was a big believer in Bitcoin and its future applications. He said:

“I think the impossible can happen in the space and I stand by it. I think Bitcoin could be disrupted and that there could be two predictions. In my opinion, in the next 10 years there will be more digital currencies than fiat currencies and probably in the next 25 years BTC may become a global currency. Bitcoin works like the internet, no one really talks about the internet right but rather the products built on it.”

The BoostVC official added that in the future, there will be different protocols for different things that will enable a better financial structure. Draper also touched on the predicted success of the Lightning Network and how it will benefit users in the space. Speaking on why it will become a hit, Draper stated:

“I think the lightning network will work for the same reason why BTC could work, just a bunch of smart people producing some really smart things. It’s right up there with Binance in terms of user applicability.”

Draper further supported the case of non-fungible tokens and how they are extremely undervalued in today’s day and age.  He was also in the news earlier when he talked about his investment in Coinbase and its impacts on the cryptocurrency market. He had said:

“I will be very honest with you, before Coinbase happened I had no experience in crypto at all. What happened was I got sent a list of companies for investments and out of that one said ‘marketplace of digital currencies’ and I had no idea what that was. After this, I wrote a mail to Brian sounding better than I was.”

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