In an interview with Real Vision, Emin Gün Sirer argues that cryptocurrencies and blockchain are significantly ahead of standard financial accounting tools and processes used on Wall Street.
Sirer emphasizes that many companies ignore the potential of blockchain and smart contracts due to a lack of understanding of their application, especially in the financial sector.
The CEO of Ava Labs notes that society still does not fully understand the positive impact of blockchain and Web3, underestimating their social value.
Sirer concludes that there needs to be awareness of the value of cryptocurrencies and blockchain as they represent a better alternative to traditional financial instruments.
He also recently warned of the potential emergence of second-tier junk solutions that provide no real value to investors.