Altcoins Talks - Cryptocurrency Forum
Crypto Discussion Forum => Cryptocurrency discussions => Topic started by: Buenoscoin on September 02, 2018, 10:29:53 PM
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CEO of Dash suggests that institutional investors cautiously train the cryptocurrency industry
Technological advances in the decentralized sector have been attracting miles of investors and interests over the past few years. And although the transition has been slow, at present it has been raising the barriers towards a massive adoption.
Still, the many risks that may arise have been their announcement work on the possible risks that may arise. Recently, the CEO of Dash Core Group, Ryan Taylor, also took the same course declaring that representatives of the financial industry at an international level had "movements with caution" in the decentralized market.
According to his statements:
Financial institutions are also risk management machines. Your entire business model depends on responsibility and risk management. So, I think that despite the enormous potential of cryptocurrencies, larger institutions must act with caution.
He also urged an interested party in the necessary measures so that custody solutions are more relevant in each case. Regarding the above, Taylor added that:
While working on these things, it is clear that they will play too late. [Many have left their traditional jobs to pursue a career in the decentralized sector], because they do not want to be left out. [...] Ultimately, most competitors entering the market today will fail, because the market is still discovering the sources of value that lead to success.
On the other hand, other figures of influence in the industry have reported an improvement in the interest rate, such as the vice president of Coinbase, Adam White, who assured that the strategies that the company has employed to attract investments to the firm have been successful.
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