July 25, 2021

Shutterstock founder bought low-end cryptocurrency

Shutterstock founder bought low-end cryptocurrency

In an interview with Bloomberg, John Oringer shared his views on the future of cryptocurrencies and blockchain.

John Oringer replenished his cryptoasset stock amid the market decline. He is confident that cryptocurrencies "will not go anywhere" and that they are the future.

“I bought at the bottom. Interesting times are beginning for cryptocurrencies. "

The businessman is also inspired by the potential of NFT and said that Shutterstock is already working on their integration. According to him, NFTs are "starting to legitimize" the purpose and applications of blockchain technology.

According to Oringer, blockchain plays a crucial role in maintaining trust in the system. "Ultimately it all comes down to trust, I think this is where blockchain starts to show."

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