Keynote: State of affairs in crypto, tokens and blockchain

Carlos Domingo

Founder and Managing Partner SpiceVC, Founder and Chairman Securitize

The future of money on the Internet

What exactly are Bitcoin, Blockchain and cryptocurrencies? Is it safe to invest in them or are we looking a bubble of enormous proportions? Carlos Domingo, Founder of SpiceVC, a company specialised in Blockchain investments, spoke to us about these issues and the future of money on the Internet at Foro Zagaleta 2018 in Marbella.

Blockchain technology has revolutionised traditional means of payment. In front of an audience where almost half the people admitted having investments in cryptocurrencies, Domingo spoke about how in terms of penetration and maturity, virtual currencies are currently “like the Internet in 1995, when only 1% of the population used it”. Even though according to him, many people are still sceptical, he said that the tremendously complex blockchain algorithm will allow us to “replace banks and completely disintermediate payment systems”, which will force banks to transform the role they play today. Carlos Domingo said this was already predicted by the economics Nobel laureate Milton Friedman back in 1996 when he claimed that the Internet would have a disruptive effect on our understanding of money.

error: Content is protected !!

We use our own and third-party cookies to offer you a better browsing experience and personalized attention. If you continue browsing, we will understand that you accept the use of cookies on our site. If you want more information or modify the use of cookies, please read our cookies policy. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.