“A couple of years ago, when we saw bitcoin perform as well as it did, there was no way to use those coins. You were rich on screen, but what could you do with it? You could invest in ICOs [initial coin offerings], but what about something tangible? The answer was ‘Nothing’. So I had to create a structure of trust to allow people to cash in on their digital wealth. Through the gallery and contacts with private jet owners and so on, where there is a trust protocol already, I created a syndicate, a platform of clients and dealerships.”
CRYPTOCURRENCY REQUIRES A COGNITIVE SHIFT. PEOPLE NEED TO UNDERSTAND WHY CRYPTOCURRENCY SHOULD BE ADOPTED WIDER, INTEGRATED INTO OUR EXISTING WAY OF LIFE, FOR GRADUAL CHANGEE
The value of many cryptocurrencies exploded last year. The price of bitcoin, the first decentralised virtual currency, skyrocketed more than 1,300 per cent, despite dropping by 40 per cent during December. Ethereum went up by 8,000 per cent. The total worldwide value of cryptocurrencies is expected to hit US$1 trillion this year.
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