6 Questions for Andrew Levine of Koinos Group – Cointelegraph Magazine



We ask the buidlers within the blockchain and cryptocurrency sector for his or her ideas on the business… and throw in just a few random zingers to maintain them on their toes!

 

This week, our 6 Questions go to Andrew Levine, CEO of Koinos Group, which is targeted on accelerating the transition to a extra decentralized future by serving to entrepreneurial builders, entrepreneurs and enterprises construct disruptive blockchain-based options.

 

Andrew leads a crew of business veterans accelerating decentralization via accessible blockchain know-how. Their foundational product is Koinos, a feeless blockchain with infinite upgradeability and a proof-of-burn consensus.

 

1 — What sort of consolidation do you anticipate to see within the crypto business in 2022?

There are too many general-purpose blockchains which are successfully competing with Ethereum (and each other) in a race to the underside on charges. Solely so a lot of them can survive.

 

2 — If the world is getting a brand new foreign money, will it’s led by CBDCs, a permissionless blockchain like Bitcoin, or a permissioned chain akin to Diem?

CBDCs, within the eyes of many, will mix the perfect of each worlds: the internet-nativeness of cryptocurrencies and the boldness of state-backed property (and their army may). If the world goes to get one foreign money, then the chances are it is going to be a state-backed foreign money (a CBDC). If the world goes to get many currencies, then individuals can have many choices on the spectrum between permissionless and permissioned.

 

3 — Do you subscribe to the thought of Bitcoin as a method of cost, as a store-of-value, as each… or as neither?

I don’t. It’s the on-ramp into the crypto economic system because of its age and the depth of its markets, and it’s the flight-to-safety asset individuals use after they lose confidence in additional speculative crypto property.

 

4 — Does it matter if we ever determine who Satoshi actually is or was? Why, or why not?

It doesn’t. He’s just a few human who assembled a bunch of present concepts into an progressive resolution.

 

5 — Do you assume governments will attempt to kill crypto?

No. There’s an excessive amount of tax income potential.

 

6 — In the event you didn’t want sleep, what would you do with the additional time?

I’d spend extra time with my youngster.

 

A want for the younger, bold blockchain group:

Concentrate on creating actual worth.



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