Blockchain technology will be integral to the US economy by 2020

Wednesday, February 7, 2018

Cryptocurrency such as Bitcoin, Ethereum and Ripple, will be worth $20 trillion by 2020, according to the United States Democrat Senator Mark Warner who told the Senate Banking Committee in Washington, DC, this week.

Mark Warner serves on the Senate Finance, Banking, Budget, and Rules Committees as well as the Select Committee on Intelligence. He stated at a Senate hearing on cryptocurrencies: “If financial trends continue the combined market value of the leading cryptocurrencies, blockchain technology could be as big or bigger than mobile phones.”

He further added: "The same rate of increase within the next two years could see two hundred billion and heading north of twenty trillion dollars by 2020.”