Crypto is a more disruptive innovation of the web – Blockchain Technology

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Although the cryptocurrency market has had another huge success this week, Jeremy Allaire, Circle's CEO, is still very confident about the cryptocurrency. According to Allaire, cryptography will have a huge impact on society, politics, economy and governance.

On Thursday, the team behind the popular finance company Crypto Circle turned to Reddit for an official "Ask Me Anything" (AMA). CEO Jeremy Allaire and co-founder and president Sean Neville answered several questions from the community.

Answering the questions, it became clear that CEO Jeremy Allaire is still very confident about the cryptocurrency and their impact on the world in the future. This became clear especially after a question from the Reddit jjwilser user.

Jjwilser asked:

"You guys do a lot of different things in Circle. Can you articulate a central mission, and Jeremy, could you describe how you went from a video company CEO to a cryptocurrency company? How was this progression? ? "

Allaire's answer was quite bullish:

"My original interest in the Internet dates back to the 1990s, when I was excited about how a decentralized network could disintermediate governments and media companies and create a radically more open and connected global society." From my point of view, cryptography is much more significant and disruptive innovation of the Web, and its impact on society, politics, economy, governance will be much greater for humanity over time ".

In December, taking care of an interview with Squawk Box of CNBC, Jeremy Allaire has already said that he is on Bitcoin and other cryptocurrencies for a long time. During the interview Allaire said that anyone can look past today's assessment to see that it is happening a lot. Despite the sharp fall in the price of Bitcoin this year, including the valuations of other cryptocurrencies, there are still many good reasons to be on Bitcoin for a long time.

See that interview with Jeremy Allaire here:

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