Co-founder of Reddit Alexis Ohanian (Alexis Ohanian) in an interview with Yahoo Finance stated that, in his opinion, the attenuation of the hype around the cryptocurrency and cryptoseal led to the recovery of the industry due to the purification of speculators, who gave way to those who truly believe in it. Like his friend, the head of Coinbase Brian Armstrong (Brian Armstrong), the Internet entrepreneur believes that this period can be called “spring kryptonate”.
Ohanyan noted that against the background of depressed market advanced technology experts to create the blockchain, but what is committed to the idea the developers could only dream about in 2011 is becoming a reality. Therefore, to consider the development of industry and the shift in infrastructure in the long term for members of the crypto community is quite acceptable: they are watching what is happening and the reaction of people, beginners as Jamie Dimon (Jamie Dimon), previously called bitcoin a Scam and deception to invest in this area.
We will remind, the head of the cryptocurrency hedge Fund Pantera Capital Dan Morehead (Dan Morehead) said that the current – and second – kryptonim bodes well for the future of bitcoin and the blockchain. He is confident that institutional investors will eventually come to the stock market.
Source