Jeremy Aller, co-founder and CEO of Circle, said that sovereign cryptobultures like BTC will continue to grow, despite the spread of new forms of digital assets like Facebook Scales and Stable Buckets.
During a CNBC interview in the Squawk field on June 24, Aller argues that the crypto-landscape does not develop in the "victorious take-all" direction but that a number of different digital assets with varying degrees of autonomy and regulation will become widespread used by both individuals and investors.
Allaire has made one major distinction between different digital assets, ejecting stable buckets and other assets-related cryptos ̵
"People and institutions will have crypto-financial accounts where they will hold all these different assets and will be able to send and receive all of them. This will not be the winner with all the models. "
Aller argues that for the daily payments that people may require in their denominated currency or for transactions like taxes, fixed currencies will continue to increase. Regulators and governments, he added, will – have already found ways to reinforce the regulation of issuers of such assets.
At the same time, however, Aller said he believed that increasing recognition of the value of access to Censor-Resistant and Highly Protected Digital Assets, such as a battlefield – a currency without a sovereign currency – would ensure its continued growth. the bottom in the depths of the winter crypt – we have seen a long-term belief that investors are starting to build significant positions in core digital assets.
Now this is compounded by the growing foundations of crypto-valley technology, the emergence of trade and institutional platforms, and the New Regulatory Frameworks are shaping, he argues.
And last but not least, he proposed to accept new blocks like Libra as indicators that the crypt is becoming a mass phenomenon, which eventually will reach billions of people.
As Disclosed, Disorganization and Decentralization Advocates, government officials and central banks have expressed mixed views about the potential impact and design of Facebook's newly discovered digital currency, Libra.
Yesterday, former US economic adviser Donald Trump said he believes the digital sign will be a challenge for central bankers and is in good shape.