On May 14th, ShapeShift CEO Erik Voorhees spoke on Bloomberg TV to discuss the situation in the crypto-market. Voorhees does not hide one point of view: "Crypto captures the world."
Erik Voorhees, CEO of the ShapeShift.io leading digital asset exchange, is one of the recognized serial supporters and entrepreneurs of Bitcoin, considering it to be one of the most important inventions ever created by mankind.
Eric's former project, SatoshiDICE, an innovative gaming phenomenon, was at the peak of his responsibility for more than half of all Bitcoin transactions on Earth and popularized the concept of "provable justice."
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"Crypto captures the world"
The quotation arose when Voorhees was asked if he felt that there was something in the crypto that encouraged the speculative activity of the market.
Then the Voorhees was asked if there was any real practical application for bitcoins or other cryptocurrencies in the modern world. To this end, he points to Venezuelans using BTC to avoid rampant inflation, and people in the Philippines using a coin to send money across borders faster and cheaper.
Erik Voorhees spoke on Bloomberg TV with the quotation: "Cryptocurrency captures the world". The interview then proceeds to discuss the ShapeShift.io that Wurhes founded,and how it changed from anonymous accounts to Know Your Customer (KYC). The CEO admits that the change was difficult and unsuccessful, but the choice was small.
Information about how users responded to Eric's speech can be found on his Twitter.
Editor: Yulia Krasnaya