Chess Master: Digital assets are the model of the future and cryptocurrencies can be exchanged for US currencies in less than 10 years.

Chess master Garry Kasparov praised digital assets as a topic of the future in an interview this week, saying it wouldn't be surprising for cryptocurrencies to trade against the US dollar in 10 years.

Kasparov is known as the greatest athlete of all time, and his 1997 battle against the IBM computer (138.22, 0.20, 0.14%) "Deep Blue" makes a lot of sense around the world. In an interview on Monday, he said cryptocurrencies like Bitcoin are "digital gold" that can hold their value even higher in the face of inflation.

He also said that cryptocurrencies are a good tool to counter what they believe to be overspending by the government, resulting in huge inflation and profitability.

“Five million dollars will be printed in the United States and Europe,” he said.

He said: "I think technology will give us the opportunity to fight to protect our hard earned money. This is very important. I am thinking of Bitcoin (I am thinking of online gold) and others. cryptocurrency. This is the future of development. So. "

“I'm no financial expert, but I wouldn't be surprised if the status quo of the US dollar as a monetary model in 10 years is changed by the basket of cryptocurrencies,” Kasparov said.