Day 1 of Blockchain Economy Istanbul: Here’s what’s being talked about!

Blockchain Economy Istanbul started with the speeches of giants. The event takes place on 27-28 July and welcomes its guests and participants at the Hilton Istanbul Bomonti Hotel. Cryptokoin.com is among the official sponsors of Blockchain Economy Istanbul, the largest Blockchain conference in Turkey. World famous names are speaking at the event. As Kriptokoin.com, we have compiled all the important speeches at the event for you, our valued readers.

Giant names are speaking at Blockchain Economy Istanbul!

The first day of Blockchain Economy Istanbul, the biggest Blockchain event in Eurasia, was met with great interest. As Kriptokoin.com, we have compiled sections from the speeches of famous names for you. Here are the important statements of the big names…

MicroStrategy CEO comments on Bitcoin cycle and market

MicroStrategy CEO Michael Saylor was among the important names who made a statement at the event. Michael Saylor’s first statements were:

During the pandemic period, we saw that people turned to cryptocurrencies. Biden’s appointment was also an important turning point. In the last 24 months, we have seen that crypto assets will remain in our lives. We can now send fiat currencies more easily. They see that there has to be regulation and governments are now accepting it. While there was no such situation in 2019 and 2020, we see that in 2022 there is a need for regulation. Microsoft, Amazon, Google and other large organizations and hedge funds government organizations want to be more engaged. I am quite optimistic about these situations.

MicroStrategy CEO, Josh Moden, was directed to him, “The BTC cycle is mentioned every 4 years, do you participate in this cycle?” gave the following answer to the question:

My price model is for Bitcoin, the price of BTC is affected by the rate of inflation or the price of fiat currencies. Rates are very important, of course, another power is technological developments. With the Cash app, it will gain even more value after BTC is transferred to any mobile wallet. If these things happen, in my opinion, and if they are used as a treasury product, even the inflation rate will no longer affect its price. In other words, with its adoption, this cycle will disappear. In addition, miners are also important, if the BTC they will sell decreases, we can see that it will affect its price.

Michael Saylor: Bitcoin can be considered digital gold!

MicroStrategy CEO Michael Saylor made the following comments regarding the naming of Bitcoin as digital gold:

To me, Bitcoin can be thought of as digital gold, it can also be thought of as money. We can consider it comprehensively as digital energy. If you were to keep the gold for a hundred years, there would be a maximum gain of 2 percent. In my opinion, there will be decreases in 2 periods. Also, when we look under it, you cannot transfer it anywhere, not like real estate. As with BTC, you cannot send to 8 billion phones or 50 billion computers. You can also segment BTC and send it at great speed. Many people are not aware of it, but there are serious differences with BTC as much as there are similarities.

Michael Saylor ended his statements by also referring to the collapses in the markets:

Since March 2021, the world is facing an unprecedented crisis. There is the crisis, there is Covid, apart from that there are currencies and trade wars and currencies are collapsing everywhere… We see the collapse of currencies in most parts of the world. We also see chaos in businesses as a result of the declines in fiat currencies.

Gari TR Advisor: As you can see on the Solana network, we will reach Blockchain applications on our phones!

Gari TR Consultant Türker BALKAR presented a different perspective to the market at the event and said:

Blockchain has enormous growth data of $740 billion. If Blockchain is started to be integrated globally, we see that it has started on phones. Mobile will also have a very important role in the transition from Web 2 to Web 3. We see that P2Es, Watch to Earns and Move to Earns are starting to generate income for us, especially their designers. We, as Chingari, believe that the first applications with such P2E concepts will be pioneers in the coming period. When it comes to blockchain, cryptocurrencies come to mind first, but the ecosystem is wider than that. I think this will cover a much larger area. We will all be able to access and use Blockchain applications on our phones, as you can see on the Solana network, one day.

Mastercard Turkey official: Crypto money users can reach 1 billion!

Eren Özkan, Vice Chairman of Mastercard Turkey, was among the speakers. Eren Özkan drew attention to the growth in the market and made the following important statements on the subject:

We know that fiat money usage is high in Turkey. Recently, we see that people are trying to invest with cryptocurrencies. When we look at the number of traders in Turkey, there is an increase here. It is a fact that people are few due to their distrust of Blockchain products. One of the reasons why credit cards are used so much in daily life is that we think that it is safe. We also see that there is an expectation of a reward, there is such a reward situation in cryptocurrencies. In most products, we see that it contributes both during use and in the accumulation phase. Another issue is the adaptation process. I would like to share the results of a survey conducted in America. According to the survey, it is thought that the number of users will reach 1 billion in the coming period. I think it is not difficult to reach this figure. We see that 30% of investors in America are under the age of 30. We also monitor transparency and profitability from the beginning. In fact, we can consider investing in cryptocurrencies as an easy and traceable formation. We see that the process it is in is actually similar to the spread of the internet.

TOKKEA Co-Founder: Why is the real sector constantly talking about the crypto sector?

TOKKEA Co-Founder Andrey Neshev made the following statements at the summit:

Why is the real sector constantly talking about the crypto sector? We started to forget the world of fiat, our aim is to present transactions in a way that everyone can understand. We focus on what people can do and how we can explain it. I would like to explain why businesses need it. Our main goal is to simplify the challenging crypto space, and if we talk about tokens, tokenization is quite challenging. It is necessary to understand what the laws are. Marketing services, finding communities and presenting ideas is one of the most important tasks for markets.

XT.com official: Browse products, read white papers, see roadmaps!

Soheil Zabihi, Head of Affiliate at XT.com, talked about the impact of NFTs, CEX and Web 3.0 at the event. Soheil Zabihi made the following comments on the subject:

XT is on the leading Coinecko lists as a brand. We are one behind Binance among exchanges. We see that the project developers especially want to announce NFTs before tokens. We also want to support these launches in TR and we cooperate. For now, we have a project in Dubai. We recently moved our headquarters to Dubai. When we look at Turkey and Dubai, we see that there are similarities. In terms of users, Dubai is not a pioneer, but when we look at the Turkish market, we see that there is a lot of interest. Especially when we look at the young population, they have a lot of interest in the crypto and blockchain industry. Major regulation is very important, being open to cryptocurrencies personally will be effective for the development of this ecosystem. Yes, we know that it is banned in some countries. However, when we look at the community, even if there is taxation, this idea is valid in Turkey, I do not think that people will leave. When we look at Korea, there was a taxation, but it was withdrawn. We are in new researches in Dubai because of sharia. I would also like to talk about the impact of Web 3.0 in terms of markets. They are not like Web 2.0 products anymore, we see that they are more real and more developable. If you ask what is my advice for CEX, I think small issues are missed. For your token, I think that attention should be paid to narrow space and small issues as well as wide space. In addition, you should definitely do good research before taking part in the market. Browse products, read white papers of tokens, look at roadmaps.

CryptoBusy Co-Founder: We try to stay away from projects like meme coin!

CryptoBusy Co-Founder Tom Busby “Which projects do you think will survive?” gave the following answer to the question:

I think that the projects that belong to a good White Paper and the projects that are in the top 100 will remain. Yes, we have seen collapses and bankruptcies in the last 6 months. What happened on Terra, of course, was caused by wrong policies as far as we can see. However, transparent projects with a good team will both win and survive.

To the same question, CryptoBusy Co-Founder Josh Moden replied:

What Tom said is true and I agree, good projects will survive. Behind all of them, there are various and expert personnel who keep them alive. If we talk about another subject, we try to stay away from projects like meme coin. Yes, they have a great community behind them, but we try to stay off topic nonetheless.

Bitget official: Social Trading is a system that provides support on behalf of ordinary users!

Bitget executive Andy Tang, “What is Social Trading and what does it provide?” He answered the question with the following striking explanations:

If you ask what is Social Trading, we are connected to each other through social media. We are influenced by certain ideas. What we actually do here is to create a holistic system with a win-win system by providing a link between traders and investors. We are moving forward with the logic of making money together. So what can we say about Bitget Social Trading? Our vision is better trade better profit. Looking at our numbers, we have an average trading volume of $8.1 million and we have nearly 2 billion registered users. We also operate in more than 50 countries. Brand and sponsorship are very important for Bitget. We sponsor big names like PGL Stockholm Major, Galatasaray, Team Spirit. We enable them to both stay in touch and follow their activities through social media. We also offer academic training. Social Trading is a system that provides support on behalf of ordinary users. As Bitget, accessibility and inclusivity are important, and we try to provide our users with the opportunity to transact in any field they want. While we have communities for sharing ideas, we offer more transparent information. We follow trade transactions and attach importance to reliability. Think of it this way, what would you do first when you buy a product? People read the comments and want to have the product that someone else prefers and is satisfied with. We also allow our traders to share their comments and thoughts with people. We also have staff available to assist 24/7.

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