Bitcoin Expert Jason Brailow, Talks About the Future of Cryptocurrency
The first U.S. Bitcoin exchange in the United States, backed by $106 million in investor funding, opened this week, allowing users to buy and sell Bitcoins in 24 states, including New York and California.
After the significant downward spurt of the digital currency earlier this month, this announcement may seem unexpected, but Bitcoin experts including Jason Brailow are not surprised by this development:
"I believe the recent price drop we have witnessed is a benefit for Bitcoins in the long run. The market needed to be corrected -- the Bitcoin could not continue to sustain itself at such an overinflated price."
Brailow's optimism is supported by an increasing number of new applications and products that are based on Bitcoin technology. Encouraged by the exponential growth of the virtual currency over the last five years, major players including Dell Computers, Dish Network, Bloomberg LP, PayPal, and Expedia.com started to accept Bitcoins, fostering the currency's credibility and stability.
"Bitcoins are not just a trend, they are the currency of the future," states Brailow, who in 2014 launched a Bitcoin company as a division of Advanced Global Concepts, a highly successful direct marketing business. "As the Bitcoin continues to see corrections, it will likely attract more long-term investors which will only strengthen our business model as well as our partners."
Venture capitalists funding Bitcoins are investing in the brilliant idea behind the cryptocurrency, which can change the online trading landscape as we know it. Jason Brailow was one of the first entrepreneurs to recognize this potential and was quick to build a novel financial infrastructure to guarantee safe handling of the digital currency. Asked about the motivation to bring his Bitcoin project to life, Brailow raves:
"Virtual currencies, such as Bitcoin, use digital wallets and peer-to-peer Internet connectivity, rather than bank accounts and traditional wire transfer networks. The benefits of these digital alternatives to national currencies include low-cost, high-speed transactions, privacy, and easy access through the Internet. Bitcoin transactions are conducted using unique value addresses and private key cryptography, providing a high degree of anonymity. I believe it is only a matter of time until it will become a worldwide recognized means of payment."
Advanced Global Concepts received its first round of financing of $5 million for Bitcoin exchange and has experienced an overwhelmingly positive response on the marketplace since its launch in November. Founder, owner, and CEO of Advanced Global Concepts, Jason Brailow, built a proprietary infrastructure for Bitcoin based on high-performance exchange technologies, which allows him to offer clients secure, high-performance storage solutions. The result is a robust trading engine that serves many of the world's most influential banks, hedge funds, brokerages, FX dealers, and trading firms, and set a new standard in the rapidly growing Bitcoin market.
To learn more about Jason Brailow, visit: http://www.JasonBrailowNews.com/
Jason Brailow at Twitter: http://twitter.com/JasonBrailowUT
Jason Brailow at LinkedIn: http://www.linkedin.com/in/jbrailow
Related News
Is Bitcoin the only cat with more than nine lives? Andreas Antonopoulos, much-loved Bitcoin speaker, security expert, and author of the Bitcoin guide, ‘Mastering Bitcoin,’ talks to the Bitcoin podcast about the risks facing Bitcoin now and in the future, and how Bitcoin can improve. Before our very eyes, the argument that Bitcoin will die is quickly losing steam. Fiat currencies are facing unending challenges everywhere, the financial hope of the EU is hanging on the tiny thread of the Italian banking system according to credit agency, Fitch, and China is crash landing their economy.....
Investment expert and seasoned author Linda P. Jones recently weighed in on the ongoing legal showdown between Ripple and the United States Securities and Exchange Commission. The financial analyst provided an insight into what will likely go down if the payment company and the SEC meet at the negotiation table. Talks of a potential settlement […]
The Ripple Swell conference in Dubai concluded without the much-anticipated announcement of an Initial Public Offering (IPO) by Ripple, leading to a surge in speculation about the fintech company’s future plans. Crypto influencer Eri weighed in on the discussion, urging caution and a nuanced approach. Ripple IPO Not So Soon? Eri emphasized the importance of […]
Jason Kilar, the outgoing CEO of Warner Media, has touted blockchain as a technology that could transform the entertainment industry. He also said the tech could bring about new forms of financing. Transforming the Entertainment Industry The outgoing CEO of Warner Media, Jason Kilar, has said the future of Hollywood is in the blockchain, a technology he sees transforming the entertainment industry. According to Kilar, this is especially true now, in an era where the process of buying digital collectibles has become much easier. As per a Reuters report, Kilar likened the technology’s....
While the fintech world is yet to see the implications of the DAO hack and Brexit, CoinTelegraph attended MoneyConf in Madrid to collect expert opinions on the future of money. In-between the inspirational keynotes and thought-provoking panel discussions CoinTelegraph had a chat with Darrel MacMullin, CEO of BitGold. MoneyConf is an invite-only event organized by experts behind Web Summit, the world’s fastest growing technology event, and focused on the future of finance. This year more than 1500 decision makers from across the industry, including over 100 exhibiting startups looking to....