VanEck Digital Asset Director: Bitcoin ETF or the main driver of the US economy in the next decade

According to CCN, Gabor Gurbacs, director of digital assets strategy at VanEck, said yesterday that US legislators, President Trump and US Treasury Secretary Steven Mnuchin were cryptocurrencies due to a lack of understanding of cryptocurrencies when they discussed the Libra hearing with Fox Business Moderators. The negative view is unfounded. He believes that the Bitcoin ETF can promote innovation and boost the US economy in the next 10 years. "We are waiting for the regulator to finally approve the Bitcoin ETF, which will bring digital assets into the regulated US capital market. This may be the driving force of our economy in the next decade." He believes that the United States should use these innovative technologies to Upgrade the US payment system and its capital market infrastructure. “Bitcoin – especially bitcoin, not other digital assets – can rebuild the US payment system. We can meet all regulatory needs and government needs to rebuild the capital market.” In addition, he stressed that Facebook critics are negative for Libra. Lenovo should not expand to Bitcoin.