BlockFi co-founder Flori Marquez is optimistic about the future of crypto. According to her, more people are beginning to invest and trade in digital assets. In 2022, thanks to FOMO, the trend will pick up the pace.
One of the earliest fintech companies to offer cryptocurrency credit cards, BlockFi cashes in on the rising appeal of crypto with its reward programs.
Top three trends of crypto in 2022
Marquez predicts three themes that are likely to unfold in the coming year. First, we’re going to see more consumers across the US enter the space for the first time. FOMO will play a key role in driving this mass adoption. The next one is the recycling of talent. The great resignation gives us a peek into what that is going to look like.
“And honestly, crypto and fintech has been a huge attractor to people that are looking to learn something new and expand their careers. So I do think that we’re going to see more talent shifting from other more traditional industries into crypto and the fintech sector,” she elaborates. This will also open up opportunities for people from demographics that have historically been excluded from financial services.
Finally, we can expect better regulatory clarity in the crypto space. Many countries and jurisdictions have already announced plans to make financial reforms to promote and control crypto. As research, inquiries, and discussions progress, we can expect “regulators to understand what needs to happen to allow this sector to continue to grow”.
She is hopeful that together, regulators and businesses can ensure consumer protection while nurturing innovation. When regulations have the consumer’s back, they will feel more confident interacting with the space. And that will in turn help accelerate mainstream adoption of crypto.
