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Last year was not kind to the digital goods space.
In 2018, most digital resources collapsed abruptly after falling victim
the bear market. The value of all virtual currencies fell to $ 125
billions from $ 825 billion last year. This collapse has involved
a loss of confidence in the system by the mainstream media claiming that the end of
crypt is at your fingertips. However, a crypto-proposer has a different view.
Stellar Price (XLM) today – XLM / USD
Jed MacCaleb: users
You should not be worried by Claims That Crypto Down
Jed McCaleb, who founded Ripple and Stellar talking
Yahoo Finance said that consumers do not have to worry about this
crypt is slowly coming to an end. In his opinion:
"It's funny when some people say that the crypt is going down because it's still standing."
The entrepreneur crypt and the co-founder Stellar further
he explained that while the prices of digital assets were
evidently down due to the market crisis from their peak to just thirteen months
ago, this sector is, however, stronger
now than it has ever been. The creator of Stellar (XLM) also added that he had not influenced the business as described,
noting that it does not really matter
a lot, echoing a sentiment promoted by some "BUIDLERS".
Still, MacCaleb
he admitted that a running of bulls would bring
more eyes, with a more free capital incentive to drive innovation
space.
"90% of Crypto projects are not very serious
Although McCaleb has shown a positive outlook overall, he
he highlighted that the industry has become hype-driven, due to the rapid rate of
which has seen growth in the last ten years. Also industry insider
also noted that at least 90% of all encryption projects are "not serious"
adding that he does not see the team of the sector arrive
exchange. McCaleb called Tron (TRX) specifically, claiming it is B.S, but
people keep on "putting money"
in it, "despite the fact that the
the product does not work completely.
The cryptocurrant bull added that in most cases the use
existing cryptographic projects, such as XLM and BTC, are actually sufficient.
About Jed McCaleb Co-founder of Stellar
Jed McCaleb is one of the great cannons in the cryptic space. he
is a legend in the industry after the incursion into cryptocurrencies
when it was essentially just Bitcoin
(BTC) who called the shots. McCaleb is responsible for launching the first
version of the Gox mountain in 2007. After leaving the mountain. Gox, Caleb started working on
Ripple (XRP) protocol. This new initiative initiated by the developer has generated the
The XRP token came into force and brought MacCaleb aboard Chris Larsen
and David Scharwtz, who are now leading Ripple executives.
Following the period of MacCaleb a
the initiation of cryptography, which has now surpassed most of its peers in 2018, the
entrepreneur who is also a cryptocentric left to co-found the SDF (Stellar
Foundation for Development). The Stellar Development Foundation is behind
Lumens (XLM). Since the launch of the Stellar protocol in 2014, McCaleb has
fully committed most of his time in the development of the Stellar network, such as
the XLM digital token continues to remain among the first on the cryptocurrency
charts.
