Cryptocurrencies: 6448 / Markets: 39723 Market Cap: 24h Vol:
2021-01-20 15:01:25

Elrond CEO Beniamin Mincu Appears on CNN to Explain the Rising Demand for Bitcoin "High-throughput blockchain platform

Bitcoin reached its new all-time high of $42,000 during the recent bull run, and it is once again started garnering the attention of the mainstream population. The CEO High-throughput blockchain platform of the Elrond, Beniamin Mincu, was invited to CNN to share his thoughts on the rising demand of Bitcoin and other cryptocurrencies to the mainstream audience.


At the present time, Bitcoin’s price movements are as intriguing as they are intimidating. Yet, both retail and institutional investors are flocking to Bitcoin and investing considerable sums in it. Explaining this rising demand for Bitcoin, Mincu said, people have lost a significant amount of money in all sectors of the traditional economy. He pointed towards inflation as one of the main reasons for the loss.


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