This week in quotes, BeInCrypto takes a look at several key topics related to the cryptocurrency market.
The past week has been an important time for the cryptocurrency markets. As he saw the launch of Coinbase’s public listing on the Nasdaq. This move is a step in the right direction, as cryptocurrencies seek to become more legitimate and user-friendly.
This week, key industry figures discussed their thoughts on mass adoption, central bank digital currencies, NFTs, and bitcoin acceptance going forward.
“As the largest and most open to the public US crypto company, Coinbase’s listing brings more publicity and legitimacy to the entire industry. Coinbase acts as a gateway to crypto for many retail investors, and the goal of DeFi projects now is to convert that attention into users, ”Rachid Ajaja, CEO and co-founder of AllianceBlock, at the IPO from Coinbase.
“I believe that technology is constantly evolving and the technology they are currently using could become obsolete. It could even further hamper technological innovation, ”Kazushige Kamiyama, head of the BOJ’s payment systems department, on the digital yuan.
“NFT tokens have gained such popularity because they are easy for users to understand. They understand what they are buying and what its value is. This is what is usually missing when thinking about whether or not to invest in cryptocurrency. The popularity of NFT tokens shows that people are ready and willing to work with cryptocurrency. “
Alexander Althausen, PDG of StormGain, on the NFT.
“We are very happy to use the proceeds from this auction to help continue our work of developing and improving technologies that can protect journalists and their sources, such as SecureDrop, our open source whistleblowing system. “, Trevor Timm, Freedom of the Press Foundation executive director, on Edward Snowden auctioning an NFT called” Stay Free “on the Foundation’s platform.
“The emergence of global peaks in public debt or concerns about inflation further increases the importance of gold in national strategy as a safe haven asset and store of value,” Hungary’s central bank said in the gold market.
“A digital euro can only be successful if it meets the needs of Europeans. We will do our best to ensure that the digital euro meets the expectations of citizens highlighted in the public consultation, ”said Fabio Panetta, member of the ECB’s executive board, of a digital euro.
“With the strong support of the DeFi community, strategic advisors and onboard partners, we can provide exposure to reputable projects in the DeFi space while providing the best APY options for participants in our ecosystem.”
Saeed Hareb Al Darmaki, founder of Middle East-based Sheesha Finance, on raising nearly $ 10 million in just two weeks.
“We need to make sure that the conventional wisdom that is wrong about the illicit use of bitcoin (BTC) does not prevent us from advancing the technological changes that will allow us to keep pace with China,” Michael Morrell, former acting director of the United States Central Intelligence Agency (CIA), on the use of bitcoin for illicit financing.
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