The Future of Cryptocurrencies

There are multiple parts of this ecosystem. We have stablecoins, which I think everyone agrees is the lowest hanging fruit and the most clear. Once we have a clear foundation for fiat digital currency that runs on these blockchain networks, that unlocks a huge amount of value in this whole ecosystem. In markets like the United States, it's a little bit more challenging because you have these very large cones of regulatory apparatus. The real companies working in this space have e-money licenses,. they have payment licenses, they have MSB licenses.