Crypto personality Max Keiser: Bitcoin will swallow all altcoins

Crypto personality Max Keiser: Bitcoin will swallow all altcoins

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Teodor Stig-Matz

teodor.matz@trijo.co

Max Keiser believes bitcoin's current market dominance of 60 percent is just the beginning.

The American television personality and renowned bitcoin advocate Max Keiser believes we are about to see the end of altcoins (cryptocurrencies other than bitcoin), he says in an interview with CNBC.

The value will be in bitcoin

Although bitcoin has begun to drop slightly after last week’s peaks, Max Keiser believes the lightning protocol, among other things, will lead people to turn to the world’s biggest cryptocurrency – and abandon the altcoins.

Max Keiser believes that all the value that is currently in altcoins will be in bitcoin, and that bitcoin’s market dominance will rise from 60 percent to between 80 and 90 percent, Cointelegraph reports.

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