Alex Gladstein, chief strategy officer at the Human Rights Foundation, warns that people holding alternative cryptocurrencies, or altcoins, could still face major losses.
He notes that it is possible for altcoins to decline by as much as 99 percent from current levels.
Gladstein has previously pointed to tens of millions of users adopting Bitcoin, citing exchange, wallet, and academic data in a recent report on market growth. He also joined human rights leaders in Las Vegas to discuss how Bitcoin is being used globally in rights-focused initiatives, according to a separate industry panel event. His latest comments add to an ongoing discussion about the risks and uses of digital assets.
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