Anthony Di Iorio on Potential for Governments Regulating Blockchain Technologies | Summary and Q&A

TL;DR

Anthony Di Iorio discusses the potential of Ethereum in 2018 and the need for user-friendly interfaces and government support.

Key Insights

• 👲 Ethereum has the potential to surpass Bitcoin's market cap in 2018.
• 👤 User-friendly interfaces are crucial for widespread adoption of cryptocurrencies.
• 💨 Governments should adopt regulations that encourage innovation without pushing businesses away.
• 🛄 Jax aims to be the interface for the new age of value movement and management.
• 🛄 A partnership between Jax and Logo Finance Technology aims to bring cryptocurrencies into the banking sector for Millennials.
• 🇩🇬 Di Iorio emphasizes that Jax is a product for consumers, with no reliance on investors.
• 🛟 Jax focuses on empowering individuals and giving them control over their financial lives.

Transcript

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Questions & Answers

Q: What factors could make Ethereum stand out in 2018?

Di Iorio believes Ethereum's ability to offer unique value and innovation in the cryptocurrency ecosystem could make it the standout digital currency of the year.

Q: Will more governments adopt blockchain technology and cryptocurrencies?

Di Iorio states that governments who understand the potential benefits and are willing to foster innovation are likely to adopt blockchain technology. However, regulations should strike a balance between control and allowing growth.

Q: What is Jax's role in the cryptocurrency space?

Jax, co-founded by Di Iorio, aims to provide a user-friendly interface for the masses to understand and use cryptocurrencies. They want to be the one-stop platform connecting different projects and cryptocurrencies.

Q: How is the partnership between Jax and Logo Finance Technology significant?

The partnership aims to integrate cryptocurrency services into Logo Finance Technology's banking platform. This collaboration leverages synergies between the two companies and targets Millennials as a key demographic.

Summary & Key Takeaways

• Di Iorio believes that while Ethereum is competing with other projects, it has the potential to surpass Bitcoin's market cap in 2018.

• He emphasizes the importance of user-friendly interfaces to help ordinary people understand and use the technology.

• Di Iorio mentions the need for government support and regulations that foster innovation without stifling growth.