{"id":134920,"date":"2018-10-04T12:40:41","date_gmt":"2018-10-04T16:40:41","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=134920"},"modified":"2018-10-04T11:52:08","modified_gmt":"2018-10-04T15:52:08","slug":"devere-ceo-at-malta-summit-call-out-crypto-demagogues-and-cynics","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/10\/devere-ceo-at-malta-summit-call-out-crypto-demagogues-and-cynics\/","title":{"rendered":"deVere CEO at Malta Summit: \u2018Call out crypto demagogues and cynics\u2019"},"content":{"rendered":"
October 4, 2018<\/div>
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By George Prior<\/strong><\/p>\n

The cryptocurrency and blockchain sector must now actively call out crypto demagogues, do more to prove crypto cynics wrong, and push for regulation.<\/p>\n

This was the bold and controversial message in the address to The Delta Summit, Malta\u2019s official blockchain and digital event, by Nigel Green, the founder and chief executive of deVere, one of the world\u2019s largest independent financial advisory organizations.<\/p>\n

In his rallying speech, he namedropped U.S. President Donald Trump; cybersecurity expert, John McAfee; and\u00a0legendary billionaire investor, Warren Buffett.<\/p>\n

Speaking to the press after his Delta Summit address, Mr Green noted: \u201cCryptocurrencies and blockchain technology have taken the world by storm.<\/p>\n

\u201cThis is because they have the enormous, real potential to improve society, how we handle money, how we do business, and how we govern ourselves.<\/p>

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\u201cBut for this potential to be fully realised, we need to build trust.\u00a0 Building trust is one of the biggest challenges facing the industry.\u201d<\/p>\n

He continued: \u201cTrust in the sector is routinely compromised by crypto demagogues who make wild and unsubstantiated claims and who sell themselves out to the highest bidder, regardless of facts and consequences.<\/p>\n

\u201cTrust in the sector is also under attack by crypto cynics.\u00a0 These are those high-profile financial traditionalists and institutions, who are likely to either have vested interests in maintaining the status quo or have no understanding and\/or no desire to understand the unprecedented shift taking place right now.<\/p>\n

\u201cTheir dismissiveness must be proved misguided by showing them that these hugely exciting, far-reaching developments are legitimate, here to stay and are beneficial.<\/p>\n

\u201cIn addition, a sound and enforceable regulatory framework will enhance trust by giving investors even more confidence and protection.\u201d<\/p>\n

\u201cIn short, the cryptocurrency and blockchain sector must now actively call out crypto demagogues, do more to prove crypto cynics wrong, and push for regulation.\u201d<\/p>\n

Mr Green concluded: \u201cThere is already a huge and continually growing appetite for cryptocurrencies and blockchain.<\/p>\n

\u201cPeople across the world are increasingly looking for alternatives to fiat money, traditional financial services, and centralised agencies and governments \u2013 and this sector answers that demand.<\/p>\n

\u201cAs such, once we have established trust, the environment will be ripe for the phase of mass adoption and investment.\u201d<\/p>\n

About:<\/strong><\/em><\/p>\n

deVere Group is one of the world\u2019s largest independent advisors of specialist global financial solutions to international, local mass affluent, and high-net-worth clients.\u00a0 It has a network of more than 70 offices across the world, over 80,000 clients and $12bn under advisement.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

By George Prior The cryptocurrency and blockchain sector must now actively call out crypto demagogues, do more to prove crypto cynics wrong, and push for regulation. This was the bold and controversial message in the address to The Delta Summit, Malta\u2019s official blockchain and digital event, by Nigel Green, the founder and chief executive of […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-134920","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134920","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=134920"}],"version-history":[{"count":1,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134920\/revisions"}],"predecessor-version":[{"id":134921,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/134920\/revisions\/134921"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=134920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=134920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=134920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}