CEO of Blockchain.com: there is a place for any innovation in the cryptocurrency industryBitcoin is an important part of the cryptocurrency industry, but it has room for every other innovation, all of which are part of the long transition of the financial system to the Internet.
“Bitcoin is arguably a decentralized financial instrument and has retained much of its value over the course of this year compared to DeFi tokens. We are happy to see that developers continue to work in the key ecosystems of the first level blockchain, ”Smith noted.
Smith added that his company doesn't get hung up on public announcements of new products or investments. However, he especially noted the credit line for $525 million, opened in November 2021 by the mining company GRIID.
