Reddit founder announced the onset of crypto spring

by in Cryptocurrency News

Alexis Ohanian bitcoin

The current state of the digital currency industry allows us to talk about the advent of "cryptocurrency." An important role in this is played by not even a significant increase in the price of bitcoin since the March market crash, but rather progress in the development of blockchain applications, says Reddit co-founder Alexis Ohanian.

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In an interview with Yahoo! Finance, Ohanian said that he does not monitor the price movements of crypto coins, since he can't predict anything in this regard.

Ohanian says that at the moment there is a crypto spring seen from the point of view of high-class engineers, product creators, designers who develop real solutions based on blockchain. And for him, this is the most interesting part.

At the same time, the co-founder of Reddit admitted that he keeps part of his savings in BTC.

Recall that at the beginning of 2019, Alexis Ohanian announced that the market drop allows the industry to clear itself of speculators, making room for real cryptocurrency enthusiasts.