President of Xapo: Bitcoin Will Become The Global Reserve Asset

Ted Rogers, president of the cryptocurrency giant, Xapo, believes that Bitcoin will become a global reserve asset, similar to the role the U.S. dollar plays today.
Ted Rogers, Unexpected Bitcoin Bull?
The recent bearish trends in the cryptocurrency market have not fazed Xapo’s president one bit, as he still holds bullish sentiment regarding Bitcoin’s value in today’s world.

.@tedmrogers, president of @xapo, the leading Bitcoin cold storage company holding an estimated $10 billion in $BTC in underground vaults, says it’s not a question of if, but when Bitcoin becomes global reserve asset. #CryptoCraze #CheddarLIVE pic.twitter.com/MiNdsBujlr
— Cheddar (@cheddar) June 14, 2018

According to an interview done with a business publication, Cheddar, Ted believes that Bitcoin’s value will stabilize over the next few weeks due to a lack of price catalyst. Rogers said:

Over the next 7 to 14 days, I kind of expect it (Bitcoin’s price) to be not too far from where it is now.

News about cryptocurrencies has undoubtedly slowed, with pieces of breaking news being few and far in between. 
However, when queried about Bitcoin’s long-term performance, Rogers said that he believes BTC will be …

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