Alexis Ohanian, co-founder of Reddit, optimistic about the future of Bitcoin

Buenoscoin

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The Yahoo Finance portal interviewed Alexis Ohanian, co-founder of Reddit, at the center for entrepreneurs of Nasdaq, where he asked about his expectations about Bitcoin (BTC), considering that he had to move in countries with paralyzed economies. He also expressed that cryptocurrency is at an early stage to be accepted in a massive way.


At the beginning of the interview, in his opinion about his enthusiasm for cryptocurrency and those trends in Silicon Valley, he thanks his Initialized Capital partner, Gary Tan. It is Brian Armstrong, co-founder of Coinbase, before he even had a partner for that project. He added that "the credit is from Gary for having been there so early" and that he is just trying to follow his movements.


Then, they asked him about his expectations about Bitcoin and its inherent volatility, he responds that, as the reserves of value with their paralyzed, energy support services companies mitigate the devaluation by buying the cryptocurrency. He says that, despite its volatility, some people before they get ahead of the volatility of their own fiduciary currencies.


He adds that they are hardly in the principles for the massive adoption of Bitcoin in the daily life of the Americans but that, Coinbase is in a privileged position to help in that work. Alexis thinks that an important part of this goes through the user interface that has to be simple, friendly and practical enough.


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