related article: He was bullied at school but now lives a lavish lifestyle thanks to trading in Bitcoin and other cryptocurrency
Barry Silbert, Founder and CEO of the world's largest asset management company in Digital Currency Grayscale Investments and the Blockchain Digital Currency Group (DCG) venture company, expressed its optimistic position regarding the future of digital currencies.
Silbert argues that central banks,who develop their own digital currencies, can serve as a powerful driver for the development of bitcoin. According to the CEO of Grayscale, bitcoin and other non-central cryptocurrencies can ultimately benefit from the same infrastructure used in the widespread use of CBDC:
related article: Australian investor bought a 2,800sqm property in Charleville with money he earned by innovative financial tool
In the future, we may have 80 different CBDCs. And if this happens, it will lead to a huge amount of investment in financial system operators, where, in fact, every financial institution will have to be able to safely store and conduct transactions with CBDC. If they really build this infrastructure, it can be used to work with decentralized digital currencies.
Silbert emphasized that CBDCs are vital to the industry as they provide a future for digital currencies.
Read this:
The largest Central Banks have created a group for the study of digital currencies (CBDC)
In Davos, presented a guide for the development of CBDC
The ECB is actively studying the central bank's digital currencies (CBDC)
Barry Zilbert: “stablecoins from central banks will increase the value of bitcoin”
Opinion: “consumer” CBDC will appear in 10 years
Jack Dorsey: “Africa will determine the future of bitcoin”