ShapeShift CEO Says Blockchain Tech Is Taking Over the World

ShapeShift CEO Says Blockchain Tech Is Taking Over the World

Assessment

Interactive Video

Business, Social Studies

University

Hard

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Erik Voorhees, CEO of ShapeShift, discusses the evolution of the cryptocurrency landscape, emphasizing the need for competition in financial systems. He critiques current regulations, particularly in New York, for stifling innovation. ShapeShift offers a unique approach to crypto trading by not holding customer funds, reducing risk. The company chose traditional funding over ICOs for expertise and regulatory clarity. The SEC's unclear stance on tokens poses challenges for the industry.

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7 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What role does Erik Voorhees play in the cryptocurrency space?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the perception of Bitcoin changed since its early days according to Erik Voorhees?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What is Erik Voorhees' opinion on regulation in the realm of finance?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does Erik Voorhees believe is necessary for innovation in financial systems?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What challenges does Erik Voorhees identify regarding the Bitlicense in New York?

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6.

OPEN ENDED QUESTION

3 mins • 1 pt

How does Shape Shift differentiate itself from traditional exchanges?

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7.

OPEN ENDED QUESTION

3 mins • 1 pt

What concerns does Erik Voorhees express about the SEC's approach to token regulation?

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