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- As per some reports showing data for the previous year, it highlights that more than $30 BIllion worth of funds flowed through venture capitals.
- Voyager CEO Stephen Ehrlich states that the entire growth of the cryptocurrency ecosystem manifests in the initiation of benefits programs.
- Ehrlich also shared his personal experience within the organization and thinks this is a flourishing time to be in the crypto sector.
Patience Is The Key
Operating cryptocurrency businesses is a tough road to cover and is certainly not for the faint-hearted. However, as per the CEO and co-founder of Voyager Digital, Stephen Ehrlich, folks need to have patience, and they surely get the returns in the long run.
Several have invested money and time in the development of crypto-associated businesses. As reports regarding 2021 shed light on fact, that venture capital was involved in a $30 Billion investment flow.
Voyager CEO told a news agency that these venture capitals and private organizations would surely be rewarded in the long run for their robust belief in cryptocurrency.
Moreover, he has faith that investors in open organizations will also generate yield. He said, during the previous year, Bitcoin overshadowed all the prime asset classes, gold, S&P 500, NASDAQ, and one-upping crude oil.
He added that total holders are moving in an affirmative direction, indicating crypto’s long-term viability.
Employees To Get Paychecks in BTC?
The CEO of an openly-traded cryptocurrency trading platform also points out that the entire growth of the digital asset ecosystem manifests in the commencement of perk programs that enable organizations to let employees receive a part of their paychecks in Bitcoin (BTC).
Stephen stated that such mainstream adoption is an astounding sign – not just the folks are willing to trade and purchase crypto but are also aspired towards working on it. As a society, the organization is also successively going in a direction that inflicts more store of value in crypto assets.
Among the prime benefits of crypto is that it creates economic equality. Stephen Ehlrich highlights that it offers accessibility to investor elements who missed the previous spikes.
While there are numerous good things, there are barriers too in the crypto sector. Among these are cryptocurrency policies and regulations. But Voyager CEO thinks that these obstacles are because of the mammoth success of the crypto sector.
He added in the last that, With a wider, more encompassing regulatory framework modeled particularly for virtual assets, the crypto sector will bloom.
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Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.
