Skip to main content

BlockFi Co-Founder: FOMO will drive crypto adoption in 2022



 The co-founder of BlockFi expects prices to rise, new professionals and regulatory clarity. These factors will create a FOMO atmosphere for crypto adoption in 2022.


Flori Marquez, co-founder of cryptocurrency custodian BlockFi, said rising prices, new professionals and regulatory clarity would create a simmering FOMO atmosphere for crypto adoption in 2022. In an interview with Yahoo Finance on Friday , Marquez also spoke about industry growth in 2021.


Marquez said crypto had become "more digestible" for the average consumer than it was in 2016. She also listed other important growth factors in 2022. These are, for example, the large number of qualified specialists who will work in the crypto industry and clearer regulation.


The numbers she cited give reason for optimism with regard to growth in 2022. According to a BlockFi study, one in ten are planning to give away cryptocurrencies this year. It also said:


"About two-thirds of Americans like to talk about crypto. Five years ago, however, only one percent of people had ever traded crypto and 50 percent of Americans had never heard of crypto five years ago."

BlockFi's internal indicators also point to growing acceptance. In the first year since the reward card was introduced , 75,000 people registered. Marquez said that number is "absolutely huge because most fintech companies are hoping to get around 10,000 credit cards in the first year."


Even more interesting for FOMO in 2022 is the realization that "the majority of Blockfi customers, when they receive a BTC reward, don't sell it for cash."


These findings reflect how cryptocurrency adoption is evolving, especially among younger people. A recent CNBC poll found that 83 percent of millennial millionaires own cryptocurrencies . The "Hodling" is well received by BlockFi customers: 38 percent of them plan to keep their systems. Only 6 percent plan to cut their crypto investment in the coming year.


For Marquez, however, timing the new regulations and the new skilled workers who come into the crypto space is vital. She commented that crypto and fintech would especially attract those people who want to learn something new and expand their professional skills.


"So I think we will see more professionals moving from other, more traditional industries to the crypto and fintech sectors. And last but not least, we will get clearer regulation in 2022.

Just before Christmas, the Bitcoin ( BTC ) price is hovering around $ 48,000 . A deep FOMO atmosphere, which has been expected for a long time, could drive crypto acceptance and prices up in 2022.

My Top Picks
Honeygain - Passive earner that pays in BTC or PayPal
MandalaExchange -The Best no KYC crypto Exchange! 
BetFury - Play And Earn BFG for daily Bitcoin and ETH dividends!
Pipeflare - Faucet that pays in ZCash and Matic, Games pay in DAI
Womplay - Mobile dApp gaming platform that rewards in EOS and Bitcoin
Cointiply - The #1 Crypto Earning Site
Torum - Join the latest Social Network and earn TRM for Free! 
LiteCoinPay - The #1 FaucetPay earner for Litecoin 
Upland - Collect Digital Properties & Test Your Skills
LBRY/Odysee - YouTube Alternative that lets you earn Money by viewing videos!
FaucetPay - The #1 Microwallet Platform
FREEBTC - The #1 FaucetPay earner for Satoshi's
FaucetCrypto - An earning/faucet site that pays out instantly
FireFaucet - An earning site that pays better for some than Cointiply
DogeFaucet - Dogecoin Faucet
xFaucet - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, FEY - Claim every 5 minutes
Konstantinova - BTC, ETH, LTC, Doge, Dash, Tron, DGB, BCH, BNB, ZEC, USDT, FEY, 25 Claims Daily

Comments

Post a Comment

Popular posts from this blog

The 5 largest platforms for non-fungible token (NFT) collectibles

  Since the beginning of 2021, non-fungible tokens (NFT) have had no holding back and the sector is setting new records almost every day.  More and more artists, stars and brands are realizing the potential - NFT are well on their way to catapulting the crypto space into the mainstream.  But which collectibles are currently the most popular? What are NFT? NFT are unique tokens that cannot be exchanged one-for-one for an equivalent token.  Any asset that is tokenizable can be an NFT.  This includes, for example, (digital) works of art, trading cards, game items and crypto domains.  Theoretically, however, real estate or securities can also be mapped as NFT. NFTs can be used to transparently map ownership structures on a public blockchain.  This allows them to store value just like real objects, even if additional copies are easy to make.  For example, the original picture of the Mona Lisa is significantly more valuable than a photo, as everyone kno...
11 comments
Read more

CARDALONIA: THE CARDANO METAVERSE OPENS THE GATES!

  Have you ever been to Cardalonia? With these words, the Cardano Metaverse called Cardalonia starts the gates. In this 3D world, developers and users can interact with each other. First of all, users have to create an individual character with which they can move online. After that you can enter one of the worlds built by developers with this character. You can also purchase your own land in the Cardano Metaverse via the marketplaces in Cardalonia . This is secured by Cardano's blockchain technology and therefore offers a relatively secure transfer of ownership. Since these are only digital plots of land, it is not yet entirely clear when the plots of land are purchased whether they can also be sold again in the future. A possible profit cannot be estimated at the moment. In Cardalonia, the cryptocurrency Lonia is used. The maximum amount of tokens in circulation is 100,000,000. The team consists of Alice Sand (Co-Founder), Vasil Air (CTO) and Dustan Water (Fullstack Developer). T...
Post a Comment
Read more

Cardano: This is the vision that founder Charles Hoskinson has

  The Altcoin Cardano has tended to decline in recent weeks.  The Alonzo upgrade was supposed to bring improvements, but it soon turned out to be a disappointment.  Cardano founder Charles Hoskinson presented his vision for the cyber motto in a live Twitter video. • Cardano in the last few months under pressure • Charles Hoskinson explains his Cardano vision via Twitter • Security and privacy at the center The cryptocurrency  Cardano  has had a difficult few months.  While founder Charles Hoskinson's cyber motto has had a strong run in 2021, it has been steadily downhill in recent months.  Cardano is faced with some difficulties.  The so-called Alonzo upgrade went live in mid-September, for which crypto fans had high hopes, but which soon turned out to be a disappointment.  The upgrade should make it possible to use smart contracts on the cryptocurrency as well.  It soon turned out, however, that although these were entered into Cardano,...
Post a Comment
Read more