“ Everyone saw the headlines a few years back and everyone thought Bitcoin had its day . But it has now stabilised , with its value growing rapidly in recent months , and what many people don ’ t realise is that Bitcoin will probably be the currency of the future .
“ By market value , Bitcoin is one of the top 10 global asset classes . Morgan Stanley , a tier one US bank , allows their clients to trade in Bitcoin , and it is being adopted by El Salvador as a trading currency .
“ We think we ’ ll see a worldwide adoption of Bitcoin over the next five-to-ten years .”
Mr Lineton says his confidence in the future success of Mine One Blockchain Inc . is underlined by his significant investment .
“ I know an opportunity when I see one ,” he added . “ Bitcoin is going to be huge , but the world needs to produce more of it .
“ US entrepreneurs are currently flocking to Texas to take advantage of its cheap wind power . But we think Vancouver ’ s hydro power capabilities will be the perfect breeding ground for Bitcoin mining .”
Alex is making the move from his family firm Beaumont
Landscapes , a company which he has grown over the last 10 years .
Beaumont was established in 1965 by Steven Lineton , who ran the business alongside his garden centre based on Beaumont Hill in Darlington . The company relocated to larger premises on Aycliffe Business Park in 1991 and has since pushed more into the commercial maintenance sector .
It ’ s now headed up by the third generation of the Lineton family , with Alex ’ s sister , Sophie , taking over the reins .
“ Sophie has been running the company for a number of months as operations director ,” said Alex , who grew Beaumont ’ s client list to 160 contracted sites across the whole of the North-East , Yorkshire and Cumbria regions , as well as increasing workforce .
“ She knows the business inside-out and is on a natural progression for the family firm , which is a sound footing after many years of investment .
“ Of course , I ’ ll always have one eye on the family firm and will be on hand to offer Sophie any advice she needs .
“ But it ’ s a new chapter for me and I ’ m very excited at the huge potential in Mine One Blockchain .”
18 | Aycliffe Business