Altcoins Talks - Cryptocurrency Forum
Learning & News => News related to Crypto => Topic started by: Dociko on April 30, 2021, 08:43:12 PM
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Crypto could still be in its infancy, according to one mainstream company's CEO.
Although the crypto space has been around for more than a decade, William Stromberg, CEO of mainstream investment management outfit T. Rowe Price, thinks the asset class is still finding its sea legs.
"It's early days,” Stromberg told the Baltimore Business Journal in an interview when asked if “T. Rowe Price will ever start investing in cryptocurrencies.”
“We have some research going on around it,” the CEO added. “Some companies, just really a handful, have tried to put together products where one can buy and own crypto-related currencies.”
Source: Cointelegraph
(https://cointelegraph.com/news/impact-of-crypto-still-years-out-t-rowe-price-s-head-says)
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This is quite true, 10 years is a very short period of time though for us here in crypto that span of years can already be a century. Introducing something new to traditional markets like the money, banking and finance will never come so easy, and it can take decades before we can really feel its mainstream impact. And we should be patient and for investors to make sure that they are really participating in this new way of generating wealth. The next 10 years can be crucial for cryptocurrency as we are now facing the waking up of institutions and the governments to this new reality.