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    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Ethereum co-founder Joseph Lubin, who previously said that the December crypto boom was a bubble, claims that the market will experience further growth. He believes that the cryptocurrency industry is currently moving in the right direction.  
    
    <a rel="nofollow" target="_blank" href="#">card</a>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    
    Attention over volatility
    
    
    During a recent <a rel="nofollow" target="_blank" href="https://money.cnn.com/video/technology/2018/09/11/ethereum-cofounder-cryptocurrency-growth.cnnmoney/index.html">interview </a>with CNN.Money, Lubin has recently discussed the current market sentiment with CNN's Julia Chatterley. Speaking of the December peak, Lubin states that these booms are always about recognizing the potential of a new technology and subsequent market speculations. However, he believes that the industry is rapidly developing. Blockchain technology, according to Lubin, has a huge potential to be applied in many areas, including gaming. ConsenSys CEO claims that that the technology is still rather immature, so we have to wait until it further evolves.
    
    As U.Today has recently <a href="https://u.today/crypto-prices-big-increase-about-to-end-vitalik-buterin">reported</a>, Ethereum co-founder Vitalik Buterin actually claims that the days of huge crypto growth are gone. When asked to address these comments, Lubin called Vitalik “brilliant,” but at the same time disagreed with him on this issue since Blockchain technology is not going to simply vanish. Countries along with the biggest corporations around the globe are already utilizing this nascent technology, so it will have an enormous impact on how whole economic and political systems are built.
    
    Regulators are on the right path &nbsp;
    
    
    The issue of regulations, which is a matter of pressing concern in today’s crypto space, was also discussed during the interview. In particularly, Lubin was asked about <a href="https://u.today/goldman-sachs-backpedals-on-its-plan-to-launch-bitcoin-trading-desk-due-to-legal-uncertainty">Goldman’s recent decision not to open a cryptocurrency</a> trading desk. <a href="https://u.today/techcrunch-founder-urges-sec-to-take-actions-as-us-is-ceding-ground-to-markets-with-clear">Unlike TechCrunch founder Michael Arrington</a>, Lubin is entirely satisfied with current the regulatory progress in the US and around the world with regards to virtual assets. He claims that SEC’s William Hinman concluded that consumer utility tokens cannot be considered securities if they are properly marketed.
    
    Lubin also weighed in on the approval of a new dollar-backed coin <a href="https://u.today/winklevoss-brothers-introduce-worlds-first-fully-regulated-stablecoin-gemini-dollar">Gemini Dollar (GUSD)</a>. He claims that such projects are necessary in order to build out a crypto economy.
    
    <a href="https://u.today/ethereum-cofounder-shuts-down-tether-critics">card</a>
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  • Warning: Undefined array key 1 in Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard() (line 3114 of modules/custom/cryptocompare/src/TwigExtension/RemoveSpace.php).
    Drupal\cryptocompare\TwigExtension\RemoveSpace::getcard('Ethereum co-founder Joseph Lubin, who previously said that the December crypto boom was a bubble, claims that the market will experience further growth. He believes that the cryptocurrency industry is currently moving in the right direction. &nbsp;
    
    <a rel="nofollow" target="_blank" href="#">card</a>
        Advertisement
        
            
        
        
            
                    
                
                                                
    
            
            
                    
                
                                                
    
            
        
    
    
    Attention over volatility
    
    
    During a recent <a rel="nofollow" target="_blank" href="https://money.cnn.com/video/technology/2018/09/11/ethereum-cofounder-cryptocurrency-growth.cnnmoney/index.html">interview </a>with CNN.Money, Lubin has recently discussed the current market sentiment with CNN's Julia Chatterley. Speaking of the December peak, Lubin states that these booms are always about recognizing the potential of a new technology and subsequent market speculations. However, he believes that the industry is rapidly developing. Blockchain technology, according to Lubin, has a huge potential to be applied in many areas, including gaming. ConsenSys CEO claims that that the technology is still rather immature, so we have to wait until it further evolves.
    
    As U.Today has recently <a href="https://u.today/crypto-prices-big-increase-about-to-end-vitalik-buterin">reported</a>, Ethereum co-founder Vitalik Buterin actually claims that the days of huge crypto growth are gone. When asked to address these comments, Lubin called Vitalik “brilliant,” but at the same time disagreed with him on this issue since Blockchain technology is not going to simply vanish. Countries along with the biggest corporations around the globe are already utilizing this nascent technology, so it will have an enormous impact on how whole economic and political systems are built.
    
    Regulators are on the right path &nbsp;
    
    
    The issue of regulations, which is a matter of pressing concern in today’s crypto space, was also discussed during the interview. In particularly, Lubin was asked about <a href="https://u.today/goldman-sachs-backpedals-on-its-plan-to-launch-bitcoin-trading-desk-due-to-legal-uncertainty">Goldman’s recent decision not to open a cryptocurrency</a> trading desk. <a href="https://u.today/techcrunch-founder-urges-sec-to-take-actions-as-us-is-ceding-ground-to-markets-with-clear">Unlike TechCrunch founder Michael Arrington</a>, Lubin is entirely satisfied with current the regulatory progress in the US and around the world with regards to virtual assets. He claims that SEC’s William Hinman concluded that consumer utility tokens cannot be considered securities if they are properly marketed.
    
    Lubin also weighed in on the approval of a new dollar-backed coin <a href="https://u.today/winklevoss-brothers-introduce-worlds-first-fully-regulated-stablecoin-gemini-dollar">Gemini Dollar (GUSD)</a>. He claims that such projects are necessary in order to build out a crypto economy.
    
    <a href="https://u.today/ethereum-cofounder-shuts-down-tether-critics">card</a>
    ') (Line: 1133)
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Ethereum Cofounder Joseph Lubin Disagrees With Vitalik Buterin on Future Crypto Growth

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Tue, 11/09/2018 - 20:00
Ethereum Cofounder Joseph Lubin Disagrees With Vitalik Buterin on Future Crypto Growth
Cover image via U.Today
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Ethereum co-founder Joseph Lubin, who previously said that the December crypto boom was a bubble, claims that the market will experience further growth. He believes that the cryptocurrency industry is currently moving in the right direction.  

card

Advertisement

Attention over volatility


During a recent interview with CNN.Money, Lubin has recently discussed the current market sentiment with CNN's Julia Chatterley. Speaking of the December peak, Lubin states that these booms are always about recognizing the potential of a new technology and subsequent market speculations. However, he believes that the industry is rapidly developing. Blockchain technology, according to Lubin, has a huge potential to be applied in many areas, including gaming. ConsenSys CEO claims that that the technology is still rather immature, so we have to wait until it further evolves.

As U.Today has recently reported, Ethereum co-founder Vitalik Buterin actually claims that the days of huge crypto growth are gone. When asked to address these comments, Lubin called Vitalik “brilliant,” but at the same time disagreed with him on this issue since Blockchain technology is not going to simply vanish. Countries along with the biggest corporations around the globe are already utilizing this nascent technology, so it will have an enormous impact on how whole economic and political systems are built.

Regulators are on the right path  


The issue of regulations, which is a matter of pressing concern in today’s crypto space, was also discussed during the interview. In particularly, Lubin was asked about Goldman’s recent decision not to open a cryptocurrency trading desk. Unlike TechCrunch founder Michael Arrington, Lubin is entirely satisfied with current the regulatory progress in the US and around the world with regards to virtual assets. He claims that SEC’s William Hinman concluded that consumer utility tokens cannot be considered securities if they are properly marketed.

Lubin also weighed in on the approval of a new dollar-backed coin Gemini Dollar (GUSD). He claims that such projects are necessary in order to build out a crypto economy.

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