Tom Lee: the proliferation of cryptocurrencies comes with triple speed

BUZCOIN
1 min readAug 22, 2018

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The founder and the head of the research company Fundstrat Global Advisors Tom Lee shared at the conference on cryptocurrencies and blockchain, held in the capital of Thailand, in Bangkok, his opinion on what is happening in the cryptocurrency market.

He does not refuse the forecast that in the next four and a half months the cryptocurrency market expects a powerful upward movement.

Tom Lee is confident in this, since he believes that the spread of cryptocurrencies occurs at a tripled rate — the way that the market has done over the past 9 years, since the appearance of Bitcoin, according to his estimates, corresponds to about 30 years of development of traditional financial markets.

Meanwhile, he expects that the pace of development of the cryptocurrency world will increase, and the biggest growth point will be the sphere of tokenization of traditional assets-from stocks and bonds to gold and real estate.

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