‘Bitcoin is DeFi’ and other crypto takes with Anna Tutova of Coinstelegram
Yes, this is your first introduction to my weekly cryptocurrency podcast In addition to covering all the news you need to know about all the various cryptocurrencies, we also give you a view on the future of the industry.
As the crypto market has gone through a bumpy ride lately, we have seen a number of articles claiming that all crypto is a scam. While this may be true in some cases, it seems to be a bit hyperbolic in others. So, let’s take a look at some of the common arguments made against crypto:
It has been less than two months since the New York Department of Financial Services proposed new regulations that will limit the sale of cryptocurrencies and credit cards to customers under 21 years of age. It seems that those new rules are already having an impact as existing cryptocurrency companies and exchanges are moving to make sure they are compliant. In this post, I want to discuss the debate around the best way to attract new customers to cryptocurrency and how the new NYDFS regulations could have an impact on that.. Read more about defi crypto price prediction and let us know what you think.
Anna Tutova first got into cryptocurrencies in 2017. But just four years later, she was running one of the top rated PR and marketing agencies in the niche, Coinstelegram. His story is probably close to many people’s hearts. Tutova learned about bitcoin and blockchain from a friend when she was interning at a law firm in Ukraine, and it wasn’t long before she fell down that rabbit hole. In October 2017, she finally tied the knot and invested in bitcoin, against the lure of stocks, forex and other traditional markets (she missed the bus when bitcoin was trading at $2,000 earlier in the year, as her parents were eager for this investment opportunity).
It was during this period that Tutova made her first breakthrough in public relations. I was invited for an interview by a company, they [said] they could do an ICO, and I started working with them. I represented someone at conferences and actually became a public relations person. I understood how to do business, how to move the company forward, she says. Today, Tutova sat down with Alex Fazel, the charming host of the crypto entertainment channel Cryptonites, to talk about all things cryptocurrency and trends. They looked at the role of the Bitcoin rabbit, Tutov’s own history, the rise of NFT and Ethereum, and the many risks facing the decentralized sector (DeFi) today. Things have evolved quickly with Ethereum evolving into what it is today, and the DeFi marketplace growing steadily. So, of course, Ethereum is not perfect, especially in this high gas phase. Still, I guess it could lead to anything. It’s still great, all the new dApps work on Ethereum, most of the DeFi are based on Ethereum. So it’s just inevitable. I don’t think any other cryptocurrency can replace it in second place, she said. The conversation quickly turned to why Bitcoin is a DeFi at all, despite the many critics who claim otherwise. I think it can be a little scary because institutions have a lot of money under their control, so they can easily manipulate the market, Tutova said. She added: Institutional investors are not only buying the traditional top 10 coins like Bitcoin, Ethereum, Bitcoin Cash, but it is interesting to see that some DeFi funds and indices have been launched for institutional investors like CoinShares or Bitwise funds. (Read the rest of Tutov’s thoughts on cryptocurrencies, NFT, Bitcoin, and more in the Cryptonites episode, streaming in its entirety now).
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