- CEO Michael Sonnenshein says the digital dollar will not impact Bitcoin.
- Michael noted bitcoin is appealing to individuals looking to invest in cryptos.
- CEO Greg King believes digital currencies will push people towards cryptocurrencies.
During an interview on CNBN, Grayscale Investment CEO Michael Sonnenshein said introducing a digital dollar will not impact Bitcoin’s market share. Also, he noted that bitcoin is more appealing for individuals seeking to invest in cryptocurrencies.
According to the CEO, a digital dollar is all about money digitization to serve the average person. However, the potential of making gains will push more people towards bitcoin.
“I actually think we take the opposite view. We’re definitely seeing not only the digital dollar project underway but also seeing a lot of other countries around the world getting into launching their own central bank, ...This article was first published on coinquora.com