The birth of Bitcoin is less than eight years old, yet it has already touched countless lives and changed the world as we know it. For its first birthday, Bitcoin’s partners in crime – industry players such as Coinbase Inc., Blockchain.info Limited, Bitmain Technologies Ltd., Ripple Labs Inc., Zcash Company LLC – share a few words on what they have to say about this revolutionary day
Bitcoin’s birthday is celebrated on January 3rd. Many industry players have shared their thoughts about the cryptocurrency in a blog post.
Cointelegraph compiled birthday wishes from industry professionals to commemorate the 13th anniversary of the Bitcoin network. Bitcoin (BTC) has officially entered its teenage years, with a hash rate at an all-time high, and industry experts weigh in on its future.
Beimnet Abebe, Galaxy Digital’s VP of Principal Trading:
“Bitcoin was first issued 13 years ago. Although it was created with little fanfare, attracting the attention of only a few esoteric coders, its release would prove monumental, allowing anyone, anywhere in the world, for the first time, to access digitally scarce money and paving the way for protocols that would power the next iteration of the Web.”
Hassan Bassiri, ARCA Funds’ VP of Portfolio Management:
“BTC is the “gateway drug” that let everyone realize how dangerous digital sets might be. We should anticipate more entrants, research, and possibilities with other currencies and blockchains as the BTC ecosystem evolves and it becomes a more productive asset in terms of lend/borrow and yield.”
Laura Vidiella, former VP of Institutional Sales at Paradigm and now Operations at FTX US Derivatives:
“In 2022, the BTC ecosystem will continue to develop in terms of goods and money.” Traditional businesses are deploying more money by investing in yield-generating methods they are acquainted with, thanks to the growing availability of derivatives and structured products.”
Unbanked.com CEO and Co-Founder Ian Kane:
“Its invention cut through time zones, boundaries, and governments, empowering millions of individuals across the globe financially.” It’s a monument to human creativity and the fact that one individual (or a group of people) from anywhere in the globe may invent something that has far-reaching consequences. As everyone pushes towards a Bitcoin standard, the next 13 years will be even more impactful than the previous.”
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Marc Yaklofsky, Genesis Capital’s Head of Communications and Public Relations:
“An ancient Japanese saying says, ‘Beginning is simple, but continuing is difficult.’ The adventure to alter the planet is just getting started. “Keep going, Bitcoin!”
GSR Markets’ Founder, Rich Rosenblum:
“Bitcoin’s bar mitzvah falls on this day, which seems fitting. Its first full year with an ETF will be 2022, with widespread participation and acceptance. Congratulations!”
Related: 5 things to watch in Bitcoin this week: New year, same ‘severe dread’
Meanwhile, El Salvador’s President, Nayib Bukele, a Bitcoin supporter, predicts that BTC will surpass $100,000 this year.
Predictions for #Bitcoin in 2022:
•Will surpass $100k It will be legal currency in two additional nations. • Will become a big election issue in the United States this year The development of Bitcoin City will begin in the near future. Bonds issued by volcanoes will be oversubscribed. At @TheBitcoinConf, there was a big surprise.
January 2, 2022 — Nayib Bukele (@nayibbukele)
BTC was trading at $46,100 at the time of publishing, down from $47,000 at the start of the year. Whether you’re optimistic or pessimistic on the asset, you can’t deny that it’s gone a long way in terms of acceptance and security.
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The “is crypto the future” is a question that most people ask. No one can answer this question for you, but you can find out what the industry players think.
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