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CNBC's Ran Neuner Claims Ongoing US-China Trade War Shows Need For Decentralization

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Wed, 19/09/2018 - 17:07
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CNBC's Ran Neuner Claims Ongoing US-China Trade War Shows Need For Decentralization
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Onchain Capital CEO Ran Neuner, who hosts CNBC Africa's “Crypto Trader,” took to Twitter in order to express his concerns over the escalating trade war between the US and China, the two economic superpowers. Neuner claims that crypto enthusiasts have to avoid low-spirits and continue “building.” As the US-China trade conflict intensifies, the Onchain Capital CEO claims that there is a need for a decentralized platform.

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Some Twitter users supported his point of view, also claiming that the SEC rejecting Bitcoin ETFs is not crucial for cryptocurrencies since that would have only a short-term effect on BTC price. Earlier, Ethereum co-founder Vitalik Buterin and crypto evangelist Andreas Antonopoulos also stated that there was too much hype around Bitcoin ETFs.  

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.

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