Bear Markets Are Good Time For Restructuring – Messari CEO Ryan Selkis

Ryan Selkis – Messari Founder and CEO says about the mag bear market in the conversation at Mainnet 2022.

While the dark cloud still covers much of the crypto industry, the Messari Founder said it is a good time for restructuring the market. Following it, some firms are being pushed out of the game, and those who are surviving will have room to develop.

“Bear markets are good for getting the right people in the room,” Selkis said. “We wash away all the dead wood.”

In the latest Interview at Mainnet 2022, many officials were organized as speakers, representing the voice of governments such as CFTC – Commodity Futures Trading Commission and DOJ – the Department of Justice.

Face-to-face and direct dialogues in many conferences show the interests of all parties in the cryptocurrency industry. However, Selkis said that there should be constructive solutions rather than bringing regulations into the fold for prohibition. This move is the help the crypto industry head to clearer guidelines and more clarified jurisdiction for development.

Not just only in the bear market but for all development, Selkis emphasized all regulatory conflicts that happened, adding more volatility to the crypto industry as its true nature since it was born.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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