FOMO will drive crypto adoption in 2022, says BlockFi co-founder

The BlockFi co-founder hopes that bullish price movement, new talent, and regulatory clarity will create a vibrant FOMO atmosphere for crypto rollouts in 2022.

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Flori Marquez, co-founder of crypto custodian BlockFi, says bullish price movements, new talent and regulatory clarity together create a vibrant FOMO atmosphere for money adoption electronics in 2022.

In an interview with Yahoo on Dec. 19, Marquez also shared insights into industry growth in 2021.

While Bitcoin’s volume-boosting technology (BTC) is still the honey for new users, Marquez suggests that the cryptocurrency is “easier to digest” for the average consumer than the average consumer for growth in 2022 to become skilled in the world Be professionals working in the crypto industry and the clarity of regulation.

The statistics she cited laid an optimistic foundation for growth in 2022. According to research by BlockFi, one in ten are planning to give away crypto this year. Likewise:

“About 2/3 of Americans are more interested in talking about crypto when you think back 5 years. 5 years ago, only 1% of people have ever traded crypto and 50% of Americans have never heard of crypto.

BlockFi’s internal metrics are also an indication that adoption is increasing. In the first year of operation of the bonus card, 75,000 people registered. Marquez points out that the number “is absolutely huge because most fintechs want to see around 10,000 credit cards in the first year”.

More interesting for FOMO in 2022 is the reveal that “the majority of Blockfi customers – when they receive their BTC rewards, they don’t sell that money for cash”.

Related: Robinhood lets US users give away crypto for the holidays

These discoveries reflect broader adoption trends across the crypto space, especially among young people. A recent survey by CNBC found that 83% of this year’s millionaires own cryptocurrencies. ‘Hodling’ is in the spotlight, similar to BlockFi clients, with 38% planning to hold and only 6% planning to reduce their crypto exposure in the next year.

For Marquez, however, it was a festive time of new regulations and emerging talent in the crypto space that mattered. She commented that crypto and fintech are big draws for people looking to learn something new and expand their careers.

“I think we’ll see more talent moving from other traditional industries to the crypto and fintech sectors. And the last thing I think we’ll see in 2022 is clear regulation. “

As families come together over the Christmas season and Bitcoin prices stabilize above $ 48,000, a long-awaited, deep FOMO atmosphere could drive both price and adoption into 2022.