Which Altcoin?

 As the king of digital currencies, Bitcoin is and will be recognized as the main member of the digital currency family; But that should not prevent us from investigating other currencies known as Altcoins. In his article, Pythonex examines the opinions of digital currency experts about Altcoins . Interestingly, many experts refer to national digital currencies, especially digital yuan. Atrium? Thesis? National digital currencies?  Libra? Which Altcoin should we monitor in 2020? In the following, we will describe the opinions of celebrities in the field of digital currencies regarding Altcoins to see which one of the them, they follow in the market.

Paolo Ardoino, Chief Technology Officer at Bit Phoenix

In addition to Bitcoin, I follow Ether, Tetra, Monroe, Thezos, Algorand, and many other tokens listed on Bitcoin Phoenix. It is very important to keep up with the latest developments.

Mark P. Bernegger, Fintech investor in Crypto Finance

I have been following the progress of Libra closely, although the original idea will probably never be implemented and the legislative conditions will change it. The advances that Libra has made are crucial to the entire crypto industry. Apart from Libra, I also find some Altcoins whose founding team is great and work well. Their potential for the future is very high. If you remember, Amazon shares fell 96 percent after the bubble and has been one of the most successful companies in the world ever since.

Sebastian Borget Co-founder and CEO of The Sandbox

We are keenly pursuing new computer games that work with blockchain technology, as well as pre-selling non-fungible tokens. Of course, we are also closely following the latest news on Libra, China's activities in the Chinese blockchain with the digital yuan, the decentralized economy (DeFi) with the token (DAI), and how laws are becoming more compatible with decentralization.

Paul Brody, Director of China Block Affairs at Ernst & Young

I follow ether, but mostly to see if its ecosystem is still healthy. High prices drive innovative and creative people away, and low prices discourage them. Although the Chinese blockchain is actually designed to provide us with digital scarcity, this is far from its true potential. I hope we can benefit from this technology in many different ways in the future.

David Chaum, founder of Elixir

There are many talented teams working to solve very important problems. Honestly, this year my focus has been on building the XX Network team and its block-chain. We are really excited about the opportunities that exist through XX Network and its currency in the coming year!

Virginia Cram-Martos, CEO of Triangularity

I am following the ether and the possibility of publishing national digital currencies.

Eric Crown, Wall Street Trader

I think it is quite clear that with a few exceptions, if bitcoin does not grow, none of the other Altcoins will grow in this market. In fact, sometimes even when the price of bitcoin goes up, others do not. So in my opinion, if you are looking for a digital currency other than Bitcoin, you should know that its movements will depend on the price movements of Bitcoin. If the bitcoin situation is not going well in 2020, which is unlikely, I can say that I will not pay much attention to other coin tools except for a few exceptions. Most of them are not independent of bitcoin.

John deVadoss, responsible for neo-development

I follow Neo and I also look for national digital currencies. I believe that in the future we will face a wave of pioneering innovations on the one hand and short-sighted regulatory barriers on the other. These two form the basis of the crypto industry.

Daniel Diemers, Managing Partner of China Block at PWC

My job as a block-chain manager for the EMEA Project requires me to pursue many other currencies and tokens in addition to bitcoin. I think this is what makes the ecosystem so diverse and interesting. It does not matter if you are ambitious and dreamy or if only some practical things are important to you. In any case, you can achieve these goals by block-chain alongside the crypto community. One of the important trends that I anticipate is the expansion of the use of digital currency lending systems. This is perfectly normal in the classic capital markets, but it does not fit well with the digital currencies in which the HODL mindset prevails. However, if more efficient transfers to more liquid markets take place and the participation and presence of traditional banks and wealth managers in the field of digital currencies increases, we will see this trend expand in 2020. I believe that this year, a very big and interesting battle between the Chinese block-chain digital currencies published by the central bank, the current digital currencies, privacy-oriented digital currencies (like Monroe), ecosystem tokens like Libra, stable coins and paper tokens. Security tokens will occur. I'm really excited to see this battle.

Tim Draper, venture capitalist

Other than Bitcoin, I will probably follow Tzus, because its team has made great strides. Everything is going well for them and there are a lot of carbald engineers who work with interest on thesis. I think pursuing this digital currency is really exciting.

Author Mr Atash

Pythonex.net