Conway says crypto is a multi-trillion dollar opportunity
- Ron Conway sees the next multi-trillion dollar opportunity in the crypto-economy.
- Coinbase is now the new Google (NASDAQ :), says Conway.
Ron Conway, the “super angel” from Silicon Valley, recently expressed his views on the present and future of crypto in an interview.
In the interview, Conway stated that he sees the crypto economy as the next multi-trillion dollar opportunity.
“If you start at the top of the funnel. Take a look at the market size for the crypto economy. Last year it was $ 778 billion that went up to over a trillion. And the crypto-economy is still in its infancy. “
Additionally, Conway is an early investor in Coinbase, Airbnb, Facebook (NASDAQ :), and Google.
According to Conway, the San Francisco-based exchange Coinbase is now the new Google for the crypto-economy. “I firmly believe that Coinbase is the Google for the crypto-economy and that this is a huge opportunity for consumers,” said Conway.
Additionally, Conway stated that while the crypto sector is growing rapidly, this is just the beginning. Also, Conway stated that Coinbase is more focused on the overall crypto market, making it the largest crypto exchange.
In fact, Coinbase has successfully listed its shares on the Nasdaq. Thus, Coinbase is the first crypto exchange to go public.
Additionally, Conway said that Coinbase has a catchy brand that is attracting new customers with its easy-to-use design.
This article was first published on coinquora.com
Read on on CoinQuora
Disclaimer: Fusion Media would like to remind you that the information contained on this website is not necessarily real-time or accurate. All CFDs (stocks, indices, futures) and forex prices are not provided by exchanges, but by market makers. Therefore, prices may not be accurate and may differ from the actual market price. This means that the prices are indicative and not suitable for trading purposes. Therefore, Fusion Media is not responsible for any trading losses you may incur as a result of using this data.
Fusion Media or any person involved with Fusion Media assumes no liability for any loss or damage caused by reliance on the information contained on this website, such as data, offers, charts and buy / sell signals. Please inform yourself comprehensively about the risks and costs associated with trading in the financial markets. This is one of the riskiest forms of investment possible.