Cryptocurrencies are the future and could replace the dollar in 10 years, says chess grandmaster Garry Kasparov | Currency News | Financial and Business News

Garry Kasparov recently launched an NFT project.

  • Cryptocurrencies are the future, chess grandmaster Garry Kasparov has said.
  • He told Coindesk they could replace the dollar within 10 years.
  • Kasparov said they offer protection against inflation, although critics are skeptical.

Chess grandmaster Garry Kasparov has said he would not be surprised if cryptocurrencies had replaced the dollar in 10 years’ time, and has hailed digital assets as the future.

Kasparov, regarded by many as the greatest chess player in history, told Coindesk Monday that he thinks cryptocurrencies such as bitcoin are “digital gold” and can hold their value as inflation rises.

In particular, he said cryptocurrencies are a good tool for people to fight back against what he sees as government overspending, which he says is leading to strong inflation that erodes the value of assets.

“In the democratic countries in America and Europe, trillions…

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