The CEO of the eToro trading platform, Yoni Eisha, sees bitcoin as the “king of cryptocurrencies” and believes that digital assets are the future.
“I’ll be very surprised if within three or five years we do not see a significant rise in the bitcoin rate. There are still about 5 billion people in the world who do not have a strong currency of their own, ”said Yoni Assia in an exclusive interview.
EToro Managing Director Guy Hirsch supported his colleague, but noted that people have yet to believe in the social qualities of decentralized money.
“I think one of the goals of bitcoin is to explain to people – you need to separate the state and money. And then we will see the new world we are striving for, ”says Hirsch.
Eisha revealed that eToro is working towards a future where people around the world will use decentralized digital assets. To do this, the platform is trying to combine the traditional finance and cryptocurrency industry – eToro users can trade both cryptocurrencies and stocks.
“Most of our clients trade both cryptocurrencies and securities. This is definitely a trend that will continue in the future. DeFi now resembles the Wild West – there is no regulation and large institutional investors, but there is a lot of innovation. I think some of these innovations will also come to traditional finance, to centralized companies, ”said Eisha.
EToro’s CEO expects up to $ 100 trillion to be transferred to the digital currency ecosystem over the next 10 years. In the future, almost all financial assets will be placed on blockchains, because this provides many benefits.
Earlier, economists Nouriel Rubini and Nassim Taleb made a statement that blockchain is a great technology, and cryptocurrencies are not needed and do not have any advantages. On the contrary, they are often used for criminal purposes.
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