Ribbit Capital’s Micky Malka Talks Bitcoin’s Slow Roadway to Mainstream

Micky Malka, RibbitTwo years earlier, the business owners in bitcoin were unskilled and those buying the area were merely a collection of close friends, according to Meyer “Micky” Malka.

Flash forward to today and the Bitcoin Foundation board member and founder of VC firm Ribbit Capital can discover more than a few factors to be positive about the future of bitcoin, even in the face of continued price decreases, concerns in the mining neighborhood and questions about the industrial viability of bitcoin technology.

Before it can propel itself forward to brand-new highs, nevertheless, Malka thinks bitcoin should first account for errors made during its remarkable hype cycle that started at the end of 2013. He forecasts we’ll see a “reshuffling” of the ecosystem, as sectors like mining are required to recover from a bullish run of financial investments founded on lofty expectations.Continue reading at CoinDesk

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