Flori Marquez, co-founder of BlockFi cryptocurrency custodian, stated that the combination of upward pricing, new talent, and regulatory clarity will create a fomo environment for the adoption of cryptocurrency in 2022. Regarding career development in 2021.

Marquez stated that encryption has become “easier to be digested by ordinary consumers” compared to 2016. He explained that other significant growth factors in 2022 are the wealth and regulatory clarity of talented professionals working in the crypto industry.

These data provide a promising basis for growth in 2022. According to BlockFi research, one in ten people intends to give away cryptocurrency this year.

“If you think about five years ago, two-thirds of Americans wanted to talk about encryption, only 1% had talked about encryption, and 50% of Americans had never heard of encryption five years ago.”
The internal dimensions of BlockFi also show increasing adoption. In the first year of operation of the reward card, 75,000 people registered. “This percentage is absolutely huge, because most fintech companies expect to see about 10,000 credit cards in the first year,” Marquez said.

The most interesting thing about FOMO in 2022 is, “For most Blockfi customers-when they receive a BTC reward, they will not sell it in exchange for cash.”

Related: Robinhood helps US users donate crypto during the holidays

These findings reflect widespread adoption trends in the entire encryption field, especially among young people. According to a recent CNBC survey, 83% of millionaires now have encryption technology. “Hodling” is approaching BlockFi customers, of which 38% plan to retain, and only 6% plan to reduce their exposure to cryptocurrencies next year.

However, for Marquez, the holiday season in which new rules and new skills in the encryption field enter is of utmost importance. He commented that the existence of cryptocurrency and financial technology is to attract those who want to learn new things and extend their life.

“Well, I think we will see more talent shifting from other traditional industries to cryptography and fintech. I think the last thing we see in 2022 is regulatory clarity.
As the price of Bitcoin (BTC) remains stable above US$48,000, the long-awaited FOMO environment (family reunion on holidays) may trigger price and adoption in 2022.

Source: CoinTelegraph