Jenny Johnson, CEO of Franklin Templeton, Bitcoin in the crypto currency sector $115,546.30 He pointed out that the best investment other than the sector is the infrastructure of the sector. Johnson announced this view to investors at the SALT conference in Wyoming. According to Jenny Johnson, Blockchain technology brings many innovations, while the main transformation will be experienced in the infrastructure that strengthens these beings rather than crypto beings.
Critical Approach to Bitcoin
Johnson said Bitcoin has function in some countries as a “safe port” against economic crisis or state interventions. However, he stressed that Bitcoin can overshadow the main important change. CEO says crypto beings are remarkable, but the main investment opportunity is in systems that support these assets.
“Bitcoin is one of the biggest remarkable elements in front of one of the biggest transformations in financial services.”
This view of Johnson reveals the idea that rather than short -term fluctuations in the crypto currency market, it should be focused on technologies that will have the greatest impact in the long run. The CEO focuses on the importance of blockchain networks and vehicles in this ecosystem.
At the conference, Johnson said that Blockchain did not only produce crypto beings, but also paved the ground for strong and layered applications. He argued that Blockchains could bring significant innovations to the functioning of financial markets. Johnson believes that validators, especially in networking and provide security, can play a “game -changing” role in terms of transparency.
Johnson said: “Imagine to see all the transactions entering and entering the company in a public share, how much information it provides.”
Franklin Templeton accelerated his steps towards the field of crypto assets after Johnson came to management in 2020. The company offered a crypto stock market investment products and launched the tokenized investment tool called Onchain US Government Market Fund, which was traded through Blockchain.
The role of regulation and future expectations
Johnson believes that financial products such as investment funds and ETFs in the future will be moved to blockchaine. It is believed that this transition can provide lower cost and higher efficiency. However, it was stated that the regulations were already the biggest obstacle to this transformation.
“Regulation stands out as the biggest obstacle in this transition, CE said CEO Johnson.
The reason for the cautious approach of regulators is the fact that the invoice of failures in this field will be extremely heavy. Even the United States has started to work at the desired speed at the point of regulation, although someone like Trump has started. It is likely that the increasing competitive environment will shift to infrastructure services that provide life to the new financial system with its strengthened regulation infrastructure. In the long run, many token will not survive, but there will be many customers that those who build infrastructure can market their capabilities.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
