Lisa Ellis, a senior equity analyst and partner at MoffettNathanson LLC, recently argued that cryptocurrencies will most likely not replace more mainstream payment methods such as those offered by Paypal, Visa Inc. and Mastercard Inc. Ellis, an MBA graduate from the University of Virginia, wrote a note to her clients in which she stated that “as ludicrous as it may sound," we must closely watch the crypto industry - as transactions involving bitcoin (BTC) and other digital assets may become more widely accepted. She explained that there are many developers throughout the world that are working to improve crypto-related technology.
