The prolonged crypto winter has implanted an extreme fear in almost every tool that indicates the sentiments of markets. Nevertheless, though the uncertainty is hovering around the crypto space, a few of the market participants are optimistic in terms of the opportunities that can come in.
In a recent interview with Cointelegraph, Alex Tapscott, Ninepoint Digital Asset Groupโs MD stated that the bear market is the time when we should be building our future. As he feels it’s important to keep our focus past the market prices.
Alex Tapscott
Alex Tapscott
Alex Tapscott is a Canadian businessperson, writer, and cryptocurrency investor. He is the co-writer of the best-selling book Blockchain Revolution (2016) with his father, Don Tapscott. This book emphasizes the effect of blockchain across different sectors.
Quick Facts
Full name Alex Tapscott Birth 1986, Toronto, Canada Nationality Canadian Education BA in Law from Jurisprudence College Marital status Married to Amy Welsman Net worth Estimated 150 CAD
He is the founder and CEO of NextBlock Global, a cryptocurrency investment firm that was established in 2017. The company backs and assists startup firms focused on blockchain initiatives and Web3 innovations.
Career Highlights of Alex Tapscott
2016: Co-authored Blockchain Revolution, which became a global bestseller.
2017: Co-founded the Blockchain Research Institute (BRI) to advance blockchain adoption.
2018: Advised financial institutions and governments on blockchain strategies.
2020: Launched the Digital Asset Group to facilitate institutional investment in blockchain.
2023: Published Web3: Charting the Internet’s Next Economic and Cultural Frontier, exploring the future of decentralized technologies.
Tapscott co-founded the Blockchain Research Institute (BRI), a prominent think tank dedicated to blockchain innovation. He has provided guidance to governments and corporations regarding blockchain strategy and has been instrumental in the expansion of the decentralized finance (DeFi) sector.
Useful Links to Connect With Alex Tapscott
Platform Link X (formerly Twitter) https://twitter.com/alextapscott LinkedIn https://www.linkedin.com/in/alex-tapscott Official Website https://tapscott.com Blockchain Research Institute https://www.blockchainresearchinstitute.org EntrepreneurBoard MemberDirectorAuthorMarket Analyst explained that these crypto winters are one of the best times to learn and build our future. He asserts that the last bear market got us NFTrevolution, decentralized finance, stablecoins and also gaming to earn.
Bitcoin, Revolution In Financial Sector
Furthermore, the MD said that this bear market will build us for the Web3 world of technologies. Making it more clear, Alex illustrated that there is a high chance for decentralized finance (DeFi) to see a massive growth continuing its impact on the financial system. According to him, If Bitcoin is the revolution in the financial sector, then DeFi is the acceleration.
Alex Tapscott claims that the present market correction has seen crypto-assets lose nearly $2 trillion in its value. On the contrary, he also inspired investors to be focused and look for opportunities because bear markets are the one which gives an idea for new businesses to be formed and build the future of the technologies.
The executive also stressed how frightening the negative trend in cryptocurrency values is for traders who are looking at the near term. Tapscott did add, that because investors appear to have calmed, the suffering might subside soon