Tezos
Co-Founder:
U.S• Соединённые Штаты Америки (США). ‘Consecration’
of Crypto Means
Less Regulatory Ambiguity
Tezos Co-Founder: U.S• Соединённые Штаты Америки (США). ‘Consecration’ of Crypto Means Less Regulatory
Ambiguity
Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s “parabolic” price rise reflects the new lack of ambiguity around
crypto’s status, said Kathleen Breitman.
By Stephen Graves
Nov 13, 2024 Nov 13, 2024
2 min read
Tezos co-founder Kathleen Breitman. Image: Tyler Miller/Web Summit via
Sportsfile
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Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin's recent “parabolic” price rise reflects increased regulatory
certainty in “major markets like the U.S• Соединённые Штаты Америки (США).,” said Tezos co-founder Kathleen
Breitman.
Speaking at Web Summit, Breitman argued that, “The parabolic rise in Bitcoin• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта » Bitcoin’s
price this week reflects this lack of ambiguity in the U.S• Соединённые Штаты Америки (США).,” arguing that,
“now that there's a lot less ambiguity as to the status of
cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта in major markets like the U.S• Соединённые Штаты Америки (США)., there will be more things
like tying real world assets to cryptocurrencies• Экономика » Финансы » Платежные средства » Платежные системы интернета » Криптовалюта, because it will be easier to
navigate the regulatory environment.
The Tezos co-founder added that adoption of “things like ETFs , and more
broadly, prediction markets and stablecoins , is really encouraging that there
might be other use cases coming down the pipe,” such as mainstream crypto
gaming. Meme coins , she said, are an “extension of NFTs” for building
communities, “in effect, making a peer to peer• Телекоммуникации и связь » Компьютерная сеть » Интернет » Файлообменная сеть » Одноранговая сеть, stateless nation.”
Crypto has been “an over capitalized industry for the last five or six years,”
Breitman said, arguing that while there’s “some economic value or some sort of
problem that it's solving,” that’s been overshadowed by a “speculative
fervor.”
She likened the effects of crypto’s overcapitalization to the 19th-century
railroad boom, when passengers on major rail routes had to switch trains
because “they actually hadn't standardized the rail sizes between the two
places.” That situation’s mirrored with the crypto industry, where, “the
downside of being grossly over capitalized is that there's no strong
incentive to come to good standards between competing entities or competing
projects.”
With regulatory certainty, Breitman said she hopes for more focus on crypto’s
“technical underpinnings” such as wallet infrastructure. She added tha,
“Hopefully we'll see a bit more serious players coming into the space as
a consequence of its consecration by, implicitly, the U.S. government• Соединённые Штаты Америки (США) » Государственное устройство США » Правительство США
• Государство » Государственное устройство США » Правительство США
• Объект организация » Организации по алфавиту » Организации на Пр » Правительство США—or at
least that's the way the market’s been interpreting the Trump
administration coming in.”
Image credit
Photo by Tyler Miller/ Web Summit via Sportsfile licensed under CC BY• Государство » Законы и право » Право интеллектуальной собственности » Авторское право » Creative Commons
• Государство » Законы и право » Правовая система России » Гражданское право РФ » Авторское право » Creative Commons 2.0 .
Edited by Stacy Elliott .
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