Flori Marquez, the co-founder of cryptocurrency custodian BlockFi (https://blockfi.com), says that upward price action, new talent and regulatory clarity will combine to create a bubbling FOMO atmosphere for crypto adoption. In an interview with Yahoo Finance on Friday, Marquez also shares insights regarding industry growth, suggested that crypto has become “more digestible” for the average consumer than it was 5years back.
“About two-thirds of Americans prefer to talk about crypto versus if you think about five years ago, only 1% of people had ever traded crypto, and 50% of Americans had never heard of crypto five years ago.”“absolutely huge because most fintech companies look to see about 10,000 credit cards in their first year.”
“So I think we’re going to see more talent shifting from other more traditional industries into crypto and the fintech sector. And the last thing that I think we’ll see in 2022 is some regulatory clarity.”
It is the festive timing of new regulations and new talent coming into the space that is important to him. She said that people who are looking to learn something new and expand their careers are drawn to cryptocurrencies and the tech industry.
For Marquez, however, it’s the festive timing of new regulations and new talent coming into the crypto space that is pivotal. She noted that crypto and fintech have been huge attractors to people who are looking to learn something new and expand their careers. On this occasion, she’s excited about how the FCA is making it easier for people to do that. ‘It’s a fantastic time to be in the space,’ she concluded.
You can watch the video here: https://uk.finance.yahoo.com/video/blockfi-co-founder-crypto-2022-173609660.html?guccounter=1&guce_referrer=aHR0cHM6Ly9kdWNrZHVja2dvLmNvbS8&guce_referrer_sig=AQAAACTyEX2q9h5hLzR8_XwLcM9ToT9UGijUEjEBGBElS9vbzecFYTVZVreqbv6oLuhcrSsO-ad6WDC4GOwJLG1jwe99Kci_6AjxjdqCmhk8oATC22AamEX1SpyGZvW7FdeG4QSYUxPqws3pMyONKBsc24J2PchQUaaS-BPM30N8OwWr