Talking to the final day of the Coin Agenda from New York via Skype, Brock Pierce, the original member of the Mastercoin Foundation has mentioned some valuable points regarding the growth of crypto currencies.
Apologizing that he could not physically be at the CoinAgenda, Brock says why as he is attending the Annual Angel Ball as one of the vice chairs. They are raising money for cancer through Gabrielle's Angel Foundation.
Speaking with the moderator Micheal Terpin, the founder and president of the Transform Group, he Pointing out the challenges that are present in scaling up crypto.
He remembers how he was one of the very early people to engage with digital tokens and currencies back even in 1999. How these tokens initially entered the real world through video games.
Soon shifting full time towards crypto currencies by dropping everything in 2013, Brock feels happy for his journey.
Talking about scaling, he points out how countries like South Africa and Brazil have relatively very new economies. Even though with this, they have managed to surpass most of the world’s finest countries when it comes to acceptance and adaptability towards cryptocurrencies.
Tether and the future of Crypto Currencies:
Talking about the importance of cryptocurrencies, he says that people love to exchange their values and money. They cannot exchange a physical dollar at any point of the day. They cannot go to the bank or wait for the baking hours. The digital dollar makes easy withdrawals. One does not need to hold onto their dollars or stop to make the transaction.
Speaking about tether, he says that even on its worst day, tether is far better than any bank on asset backed currencies.
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