Crypto

Barry Silbert: Bitcoin saw the lowest level of the year


Barry Silbert of the Digital Currency Group is optimistic about Bitcoin as an investment.

Silbert, who spoke at a conference in New York yesterday, said, "We have probably reached the bottom level for this year. I put some money in Bitcoin last week. Bitcoin will survive as an asset class … 100% certain I will stay in a decent money form. "

Another name that was mentioned at the same session was Circle's CEO Jeremy Allaire. Allaire believes Blockchain will serve as a basis for new technology innovations.

"This is a new layer of infrastructure and the future of the Internet. It's not just about digital gold. "

Barry Silbert is founder and CEO of Digital Currency Group. Silbert's company;

Allaire is a founding partner of Circle, a crypto-money trading company backed by giants such as Goldman Sachs and Baidu.

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