To its turn, Gabriel Acosta, Global Head of Compliance & AML at Ripio, specified that for him “Bitcoin It is like the beginning of the Internet: at the beginning there were many doubts and over time many barriers were eliminated and crossed. Bitcoin and Blockchain technology is the new paradigm of money. The massive adoption of cryptocurrencies will not be immediate but it will occur and will be with traditional and virtual financial entities within the system. Today Argentina is the tenth country in cryptocurrency operations. “
For its part, Camilo Cristia, CEO of Let’sBit, commented on the beginning of this ecosystem that “Bitcoin is the way to express a value in a decentralized way. Bitcoin is to money what the Internet was to communication. ” At the same time, Matias Bari, CEO de Satoshi Tango I consider that “We are experiencing a disruption at the height of the Internet, electricity and printing. In terms of adoption, in Argentina we are on par with the entire planet.”
Regarding the progress in recent years, Santiago di Paolo, Head of Community, Growth and Research de Lemon Cash said that “NFT and play to earn games show you how inclusive the crypto system is. GA part of the population is not interested in cryptocurrencies but NFTs were a great entry bridge for the ecosystem on the part of artists and the gaming world is very big too. The crypto world came to include them ”.
On the future and the challenges, Camilo Cristia, CEO of Let’sBit, said that “Bitcoin grew faster than the internet grew. The number of users worldwide is undeniable; adoption is undeniable. People had to be educated to use the internet. The key is the inclusion that comes with education and vice versa. I am convinced that everyone is going to use it in some way as technology and usability advance; people are going to be using crypto without knowing it”.
Agustín Gallo considered that “What is disruptive about this is that it is global and transversal at all ages. There are 10-year-old boys playing play to earn ” and in this regard, Gabriel Acosta, added “in the case of football they began to say how we finance ourselves in the pandemic so as not to go bankrupt. The fans said let’s buy a fan token and they started to be worth a lot of money. “
Regarding education, he expressed, “It is extremely important not only to instill it from the companies but also at the state level, even within educational projects. We have to retain the talents. The goal should be to create solid content, with guidelines dedicated to development. And financial education that understands that no one is going to become a millionaire overnight ”.
Regarding the regulation issue, Matías Bari said that “in all industries regulations are inevitable and in this case it should be aimed at taking care of the user and then allowing companies to develop in a sustainable way in their business”. On this same topic, Gallo added “The important thing is to work cooperatively with the public and private environment. Regulation is healthy because it offers clear rules for all actors.”
For Gabriel Acosta “regulation must be an instrument to generate a horizon of predictability for all actors”. While Camilo Cristia opined “We want a good regulation that does not kill all the talent that is in Argentina” and cited the case of El Salvador, “which has Bitcoin as its currency, is thinking of issuing a bond in cryptocurrencies instead of going to borrow money from the IMF. And that changes the equations of power in the world.”
Source From: Ambito
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