Home CryptocurrencyBitcoin Bitcoin may be down, but interest in crypto and NFTs is here to stay: Ledger CEO

Bitcoin may be down, but interest in crypto and NFTs is here to stay: Ledger CEO

by SuperiorInvest

The future of cryptocurrencies remains very bright. That’s according to Ledger CEO Pascal Gauthier, who sat down for a tête-à-tête with Cointelegraph in his home country of France. Gauthier, who is in his eighth year at Ledger, explained that the recent drop in bitcoin price did not stop the interest in cryptocurrencies:

“Bitcoin may be going down, but people are buying NFTs and you know they’re participating in communities.”

Gauthier made his point as he sat outside the door to the Biarritz Grand Casino, which is home The largest French Bitcoin conference Surfin Bitcoin. The conference was a Bitcoin maxi style affair where royalties and Bitcoin supporters have tried to promote the adoption of Bitcoin in France.

Commenting on Bitcoin maxi’s “religious war against the rest of the world,” Gauthier explained that it’s a matter of product suitability. While competition is good because it drives innovation, it’s also a use case issue: “It’s also interesting to see people just use the product. And when they use the product, they use Bitcoin and sometimes they use other things.”

In reaction to crypto contagionin which Hodlonaut, Zipmex, ArchGauthier told Cointelegraph that Ledger’s revenue is “way up” and countless other exchanges have struggled to manage — or gone so far as to freeze — customer funds. Gauthier lamented that the increase in sales is bittersweet because people have to learn “the hard way.” She did emphatic warning during the interview about the importance of holding keys.

On a lighter note, however, Gauthier is optimistic and hopeful for the future of cryptocurrencies. From metaversion to crypto games to more participation in Web3 technology, Gauthier admitted that it’s still early days for the space, but many things in the future will make him go “Wow!”

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