Prof. Emin Gür Sirer, Founder and CEO of Ava Labs, in an interview with Hürriyet newspaper, stated that there is a great opportunity for Turkey if fast action is taken for blockchain technology.
Blockchain technology infrastructure anywhere in the world not yet fully developed indicating Emin Gun Sirer, aThe countries that will create the best and fastest infrastructure development on itself He said he could pull it off.
Sirer thinks that if Turkey is regulated as quickly as possible and cryptocurrencies have a good foundation, a significant part of the crypto revolution that is still taking place in the world will take place through Turkey.
To the question asked about both saying that cryptocurrencies are decentralized and independent, and asking for regulation:
Stating that Bitcoin and other cryptocurrencies created systems with their own rules when they first emerged, Sirer said that the people who are interested in these systems are generally very free, even lawless people.
Some of the systems that have emerged recently allow to include the rules of the country they are in. Gone are the days of first-generation lawless crypto, in my opinion. Institutional money has begun to come to this area. The systems become more reputable as the institutional money comes in.
said.
Emin Gür Sirer gave advice on cryptocurrencies:
- Remember, you are a partner in a system that will grow in the future, from the very first day. That’s why your choice is so important. Do your research very well.
- Do not consult professionals when investing. Influencer, youtuber, phenomenon etc. in crypto. many of them are unreliable people or people who work for money.
- Do not invest money in something that you have heard from someone else and you do not know or understand.
- Do not buy coins by saying that it is very cheap. What matters is not the price, but how many of that coin there are.
- Don’t be fooled by some celebrities. For example, do not buy Dogecoin or similar that do not have a story of ‘Elon Musk is buying’.
- The money you get should include new technology. It should not be a copy of the previous coin.
- The team behind it must be permanent. It must be a visionary group. For example, there is no one behind Dogecoin, it has no story, it has no usage area, it has no place to go.
- He needs to open a different area in his vision. It should come as ‘I will digitize brand new values’. It should differentiate.
- Centralized exchanges need to be reliable. There are two such big stock exchanges in Turkey. The little ones are more dangerous.
- In the long term, it is very important to take the coins on yourself instead of keeping them in the stock market.