Cryptocurrencies are the future of finance

A CRYPTOCURRENCY revolution has started and digital currencies like bitcoin are the future of finance, a crypto token founder has claimed.

Crypto tokens such as bitcoin, dominated financial headlines in the past weeks, with steep spikes in value and growing mainstream appeal.

However bitcoin still proved to be a volatile token and risky investment.

But David Johnson, CEO and co-founder of new crypto platform Latium, is certain that given enough time, digital currencies will forever change how money is used.

He told Express.co.uk: "I think we are at the start of cryptocurrency revolution.

"Ten years from now the financial world will look very different to what it is now.

"Some are not going to like it, just look at what Jamie Dimon said about bitcoin.”

Jamie Dimon, chairman and CEO of US investment giant JP Morgan, sparked the ire of crypto traders in September when he labelled bitcoin a “fraud” that “won’t end well”.

But Mr Johnson thinks this is a sign of the ‘old-guard’ of Wall Street’s moguls not getting on-board with the latest trends.

The fintech entrepreneur also dismissed Mr Dimon’s claims crypto tokens are a criminal currency, used for illegal activities in the dark corners of the internet.

He said: “Financial companies who get on board with crypto's will move into the future. Those who will not, will get left behind.