Bitcoin (BTC) is poised to claim the cryptocurrency throne by the end of 2023, as its superiority “is going to be clear” in every aspect, according to Fedi’s CEO.
During the Bitcoin 2023 event in Miami, Cointelegraph reporter Joe Hall interviewed Obi Nwosu, the CEO and co-founder of Fedi, which is a Bitcoin community custody protocol offering an alternative solution for those who lack access to or don’t trust centralized exchanges.
Catching up with homies is the best part of conferences. @obi @FelixWeis taking the picture!
Known these dudes for over almost a decade now! And what a decade it’s been! pic.twitter.com/1UcfX6KdIg
— Marshall Long (@OGBTC) May 19, 2023
Nwosu emphasized during the interview that it is becoming “increasingly hard to deny” that Bitcoin has the “fastest, cheapest, easiest, most decentralized and secure” ecosystem.
He anticipates this will become even more apparent by the end of the year. He noted:
“It is going to be clear by the end of this year that it’s going to be tick, tick, tick for Bitcoin.”
Nwosu said whether the goal is to develop functionality, establish a decentralized social media network or empower local communities, it is becoming “increasingly obvious” that Bitcoin is the most efficient and secure solution.
However, he believes there is space for other cryptocurrencies besides Bitcoin. He envisions a “multicoin future,” comparing it to the evolution of music.
“I mean, there are still record players and vinyl, right; there’s still some people who like tapes and
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Author: Ciaran Lyons
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