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John McAfee Says Binance (BNB) CEO Changpeng Zhao May Be in Center of Storm, Governments to Blame

News
Mon, 06/29/2020 - 12:16
Vladislav Sopov
Legend of the cryptocurrency world and prominent libertarian John McAfee has posed a couple philosophical questions about man and government
John McAfee Says Binance (BNB) CEO Changpeng Zhao May Be in Center of Storm, Governments to Blame
Cover image via www.facebook.com
Contents

Crypto baron John McAfee has noticed the sorrowful and dangerous trend in the evolution of the modern state. He insists that they fail to sere their citizens. Also, he has identified one person in crypto who may be targeted by the next anti-blockchain attacks of governments.

From servants to masters

Mr. McAfee emphasized the totalitarian and suppressive essence of the modern government and public administration institutions. He claims that an adult person doesn't need such a level of control over their lives.

John McAfee bashed governments for turning from servants into masters
Image via Twitter

For Mr. McAfee, this sad situation is the result of regression. At some point, governments became masters of nations, not servants.

One of the most influential people in the cryptocurrency realm, the CEO and founder of Binance, the world-leading multi-currency exchange platform, Changpeng Zhao, outlined that, unfortunately, this state of affairs is constant. He accused politics of an eternal hypocrisy.

It hasn't changed. The distinction there is what they say vs what they do

Thus, the main contradiction for him is not between freedom and dictatorship, but between ideology and political practices. 

Who is at the center of the storm?

Mr. McAfee agreed with this sad conclusion by CZ. He called the response from the Binance CEO the truest words ever spoken.

Also, crypto Baron McAfee believes the future role of Changpeng Zhao in these conflicts between states and people will be unique. Once governments realize how powerful of a threat cryptocurrency instruments pose to states, a huge storm will arise.

CZ will be in a center of storm once governments start to suppress the crypto
Image via Twitter

Changpeng Zhao will be in the center of this terrible storm. It looks like his unmatched influence in the blockchain world won't go unnoticed by governments.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)

Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director

News
Mon, 07/13/2020 - 14:38
Vladislav Sopov
John Lilic, managing director at ConsenSys decentralized development studio, has shared an over-bullish prediction for Ethereum (ETH) progress
Ethereum (ETH) Market Cap May Become Equal to Bitcoin's (BTC): ConsenSys Director
Cover image via stock.adobe.com
Contents

John Lilic leads international business development in the ConsenSys leading blockchain development studio. He is also an expert in energy markets and cryptocurrency segments. He tracked the progress of Bitcoin's (BTC) and Ethereum's (ETH) market capitalization statistics, coming up with an extravagant prediction.

Bitcoin (BTC) should get ready for parity

Mr. Lilic outlined that Ethereum (ETH) is showcasing much healthier dynamics than its competitor is. For instance, the flagship cryptocurrency still surpasses Ethereum (ETH) by 6.3x in terms of market capitalization, while simultaneously collecting 20% fewer fees than Ethereum (ETH).

John Lilic of ConSensys foresees parity of Bitcoin (BTC) and Ethereum (ETH) market capitalizations
Image via Twitter

Also, Ethereum (ETH) is demonstrating much more impressive price dynamics this year. It gained almost 37% against Bitcoin (BTC) in 2020. That said, Ethereum (ETH) looks severely undervalued to the top manager of ConsenSys.

However, Ether is on the path to eliminating this discrepancy. Eventually, the top two cryptocurrencies may reach market capitalization parity, concludes Mr. Lilic.

Related Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains
Related
Bitcoin (BTC) and Ethereum Have (ETH) Recovered From Black Thursday, Who Else? Coinmetrics Explains

As covered by U.Today Crypto News recently, Coinmetrics on-chain research team called Bitcoin (BTC) and Ethereum (ETH) the unique crypto behemoths that have managed to recover from Black Thursday.

Bitcoin (BTC) is losing supremacy in "fee race"

Should Ethereum (ETH) overcome its undervaluation, its price may be over $1,550 based on liquid supply and current Bitcoin (BTC) market capitalization.

Recently, it was unveiled that Ethereum (ETH) blockchain continues to surpass Bitcoin (BTC) in terms of network fees for more than 30 days in a row. Ethereum (ETH) is seeing this advantage for the first time in its history.

As U.Today Crypto News reported previously, ex-Messari analyst and angel investor Qiao Wang identifies two main catalysts of Ethereum's (ETH) price run in the mid-term perspective.

Related Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang
Related
Ethereum (ETH) Price Two Bullish Signals, According to Investor Qiao Wang

According to Wang, the upcoming rally may be fueled by a long-awaited transition to Proof of Stake and fixing the monetary policy of Ether token.

About the author

Blockchain Analyst & Writer with scientific background. 5+ years in IT-analytics, 2+ years in blockchain.

Worked in independent analysis (Crypto Briefing) as well as in start-ups (Swap.online, Monoreto, Attic Lab etc.)