There’s no stopping the rise of cryptocurrency, says Yoni Assia, founder and CEO of eToro, and its freedom is a “question of civil rights”.
Speaking to Finance Magnates, he said: “We’re in the midst of an industrial revolution. We are redefining money as we know it, and there’s no way back… The number of true believers keeps on growing and once you’re converted – you will probably not go back.
“We’re in [the] midst of a perfect storm of extremely talented, intelligent and creative people who share a similar vision about the future. The difference is that now there is a crowdfunding channel that provides them the means to further these ideas.”
Assia believes that Bitcoin will still be around for years and decades to come, despite the looming threat of regulation and FUD.
“This is a question of civil rights,” Assia continued. “Central banks are a new thing. There was a time when there was true private money. Once this right becomes a technological feature, the genie is out of the bottle.”