Gemini CEO Says That Crypto is not Limited to Just Being a Form of Money
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Gemini CEO Says That Crypto is not Limited to Just Being a Form of Money

January 4, 2020      Zain Raza

Tyler Winklevoss, the CEO of cryptocurrency exchange and custodian company Gemini Exchange, recently articulated his views on how the world of cryptocurrencies would unfold in the coming years. As a new decade dawns upon us, the industry famous twin is of the opinion that crypto is capable of not only being a niche technology, but it is also competent enough to play a pivotal role in the next decade or so.

He wrote:

“Today, crypto is still a niche technology and a form of money. It is not crucial to your everyday life the way email and other web applications are, but our thesis is that this will change — it’s already changing if you look close enough.”

The Gemini CEO also emphasised the fact that the decentralised nature would make cryptocurrencies a force to be reckoned with, in the next decade. Crypto would not restrict itself to just redesigning the internet, but it’d also help in reprogramming the financial and monetary system to defend the dignity and the essential prerogatives of the users, he enunciated. He believes that crypto is too good to fall apart because the invention is so significant that people can’t turn a blind eye towards it. Tyler said that since everyone wants more freedom and the kind of freedom that crypto provides, makes the captivating pull of it sublime and undeniable.

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“Crypto will make as great of a contribution to your freedom as the invention of the printing press, the personal computer, and the early internet,” he added.

Recent Developments at Gemini

Recently, Gemini Hired One-time UK-Settled Starling Bank Executive, Julian Sawyer, CEO of Starling who will now hold the position of being Managing Director of Gemini Europe. Besides that, he’d also deal with the hiring department in the U.K. and Europe and report to Cameron to keep him updated with the progress.

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Zain Raza
Zain Raza

Zain is a fervid fan of bitcoin and has been meticulously covering the field for a fair amount of time now. An aficionado of Spider man, Liverpool and Slim Shady.