This Altcoin Will Be the ‘Google’ of Crypto, According to SkyBridge Capital Founder Anthony Scaramucci

Anthony Scaramucci, founder of SkyBridge Capital, says Algorand (ALGO) will challenge major competitors in the crypto industry, as Google did in the early days of the Internet.

In a new interview with Digital Asset News, Scaramucci said he is investing heavily in ALGO because he believes ALGO will replace many of its competitors.

I now have $2.5 billion in Argoland. I think Argoland will be Google.

You and I used AltaVista to log on to the Internet when we were kids. We used Lycos, America Online, and even Prodigy. And then look, in 1998, this company is called Google and people say, “Why do I need it? I have all these other tools for accessing the Internet” and people say, ‘Well, you know it’s faster. There’s machine learning and algorithms that are more widespread. It will lead to better results.’ And lo and behold, Google defeats everyone, and I think this will happen in Argoland. “

Algorand is a proof of blockchain that allows developers to create decentralized applications (dApps) for financial services. The smart contract platform is a competitor to Ethereum (ETH) that aims to accelerate transaction speeds at a low cost.

“Ultimately, when the big companies enter the coding side of the market and start working in the world of DeFi, I think we need something scalable: Ultimate secure and decentralized like Argoland and Argoland, so you don’t have to worry about cranky inflation and deflation of what you use as a form of exchange. Deserve.

The algorithm for me is the future. More and more people need to do detailed due diligence and decide on their choice. “

In an interview with CNBC’s Halftime Report in December, Scaramucci said Argoland could turn around. EthereumToday’s leading smart contract platform.

At the time of writing this report please They are trading for $1.38.

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