“Crypto is to money what Amazon was to retail.” Nigel Green, founder and CEO, deVere Group
“After a difficult year, price trends are indicating that the crypto winter is finally coming to an end. Interest in the crypto market is increasing again, with financial and tech businesses looking again at how they can implement crypto and blockchain into their models.
Facebook’s move to integrate crypto into its payments system is the latest example of this and is yet another positive move which will bring crypto closer to a mainstream audience. I expect that this interest will continue for some time and more enterprises will begin to explore uses for crypto, as Bitcoin’s lack of correlation with other assets, and the macro demand for growth, will continue to drive institutional investment. From our point of view, we’ve seen a lot more demand for services around IEOs and STOs in recent weeks, as businesses explore how they can offer crypto services to their customers.” José Maria Macedo, Head of Advisory, AmaZix
Warren Buffett fears Bitcoin.
It stands to disrupt the entire system that allowed him to build one of the greatest fortunes the world has ever seen.
Every great empire falls though and Bitcoin will give a number of people a level of wealth that Buffett will envy.
— Pomp 🌪 (@APompliano) May 4, 2019
“We don’t see much in the Ripple bank digital currency, but there is definitely still much hope that we can remove a lot of inefficiency…when it comes to cross-border payments.” Sopnendu Mohanty, Chief FinTech Officer, Monetary Authority of Singapore (MAS)
I know theres been alot of progress this past year and a half in crypto, but just about every no-coiner I encounter still only knows coinbase, doesnt know what altcoins are, and process of buying crypto is too annoying.
— Brenna Sparks 🖤 (@brennasparksxxx) May 4, 2019
“The Commission anticipates new applications for clearinghouse registration resulting from the explosion of interest in cryptocurrencies; an area in which protection of the cryptocurrencies will be one of the highest risks.” US Commodity Futures Trading Commission Chairman Christopher Giancarlo
A #blockchain thought for the day:
Blockchain does NOT replace legacy systems; blockchain is a layer that sits above your legacy systems. There seems to be a lot of misunderstanding around this concept in the marketplace right now…#BlockchainBeardGuy
— Kris Bennett (@KBennett5280) May 1, 2019
“As grocers are being held to higher standards of visibility and traceability they will lead the way with the development of blockchain, but we expect it will extend to all areas of retail. Similar to how the financial services industry has used blockchain, grocers will evolve best practices as they apply blockchain capabilities to their ecosystem. Grocers also have the opportunity to be part of the advancement of blockchain as they develop new use cases for important causes for health, safety and sustainability.” Joanne Joilet, Senior Research Director, Gartner
#DTCCfintech poll results: What is the most significant obstacle to investing in #cryptocurrency? Regulatory concerns: 29%. Valuation approach: 29%. Custody: 13%. Lack of accounting standards: 6%. Tax implications: 3%. Fraud: 21%. pic.twitter.com/uztZBCquYZ
— Mark Wetjen (@MarkWetjen) April 30, 2019
There is resistence to my Bitcoin price prediction. It is because people are applying the paradigm of the traditional stock market formulas to the crypto market. Only an idiot could miss the fact that the crypto market is a brand new paradigm unto itself . Are we all that stupid?
— John McAfee (@officialmcafee) May 3, 2019
“Last year was a terrible year for crypto, a massive bear market, and we published a piece this week just highlighting 11 signs that historically only take place in a bull market. So I think the evidence is mounting that there’s a bull market.” Fundstrat Global Advisors founder Tom Lee
I removed the hashtag “#blockchain” from my twitter bio. I still follow what’s happening in the space, but there is so much BS out there that I don’t want to give the impression that I endorse it 😀
— Sebastien Meunier (@sbmeunier) April 29, 2019
“The news of free-to-use cash machines disappearing in the UK and nearly 1,700 machines in the first three months of the year now charging is a worrying sign and seemingly a trend that isn’t going to go away. For many of us, and particularly the Millennial generation, cash use is reducing as we crave faster ways of paying and ease of use, which almost every major retailer is supporting now with PoS systems. More worrying though is the obvious barriers that can be put in place to prevent free access to our own money.
Communities around the cryptocurrency industry have seen the benefit of decentralisation and payments directly between individuals without a corporation sat in between, where access to and control of funds is directly down to the user. Next generation technologies that have evolved from the likes of Bitcoin, like temtum, are not only free to use but transactions will always be free as well. This is still at a time where cryptocurrencies are struggling for regulatory clarity and adoption, but this ATM news just continues to promote the benefits of crypto that will eventually shine through.” temtum Founder and Senior Cryptography Advisor, Richard Dennis
— Elon Musk (@elonmusk) April 30, 2019
“The world will not be built by crypto Twitter. Nothing will. Which is why I prefer LinkedIn. It merely sits on the sidelines noisily opining about why things are not possible and everything is a scam, watching the ebb and flow of an asset class currently uncorrelated to actual innovation or adoption.” Jamie Burke, Founder and CEO, Outlier Ventures
We have some sad news. Thanks to everyone who contributed to the site. We had a lot of fun covering this radical and imaginative space. The site will remain live for now and we'll continue to publish new content during May. https://t.co/NAfWvIsaw2
— BREAKERMAG (@BreakerMag) April 30, 2019
“Many players in the automotive industry are already considering blockchain technology usage that goes way beyond swapping tokens for data, and which include enabling the registration of car ownership, service records, and mileage securely and immutably on public blockchains.
Another opportunity for the use of blockchain technology in the automotive industry is to use the same type of encryption schemes in various ways to enhance ownership control. If a token should be used in a blockchain system, it´s important for the user that it is helping bring costs down and users should not be at the mercy of potential outswings in the value of such a token.” Lone Fønss Schrøder, CEO of Concordium and Vice Chairman of the Board of Directors at Volvo Cars
Help! Does anyone speak crypto? Struggling to decipher this gibberish pic.twitter.com/sISw9f504n
— Rory Cellan-Jones (@ruskin147) April 29, 2019