UKRAINIAN BUREAU OF BITCOIN MAGAZINE STARTS ITS WORK, SAYS INVESTOR SERHIY TRON

On the Ukrainian franchise of Bitcoin Magazine

The cryptocurrency market in Ukraine is actively developing. However, as the investor notes, so far in our country there has not been an information platform to provide the reader with high-quality industry-related content. Serhiy Tron believes that it is essential to not only fill the market niche, but also saturate the market with relevant and interesting information and expertise.

The model of media work involves adaptation of original materials of the global office in the USA, generation of its own exclusives and popular reporting of topics to both experienced market participants and beginners, who are discovering a new industry. It is also important that Bitcoin Magazine becomes a multimedia platform with video and podcast hosting. Serhiy Tron is convinced that the media of the future cannot be only a magazine printed on paper.

On the prospects for development of the cryptocurrency market

The owner of White Rock Management believes that the current bear market trend allows the industry to get rid of miners who reveal minimal efficiency, which leads to increased mergers and acquisitions. For strong players, this period is an opportunity to increase the controlled market share.

Simultaneously, fundamental reliability of the blockchain network, which has once again manifested itself amid exchange rate fluctuations and the storm in the markets, indicates inevitability of expanding its scope in the near future.

On the potential of Ukraine

Serhiy Tron is sure that Ukraine has a huge potential in the industry, which has already been partially revealed. In Chainalysis - the ranking of crypto assets - we rank fourth in the world. One of the incentives for developing the Ukrainian market was the law on cryptocurrency adopted by the Verkhovna Rada a few weeks before the start of military actions. The businessman is confident that after winning the war, the Ukrainian blockchain industry will be able to actively and quickly evolve, and he plans to resume operation of data centers in Ukraine and invest in new projects.

Serhiy Tron also stressed feasibility and prospects of introducing educational programs aimed at teaching the basics of blockchain. According to him, Bitcoin Magazine will contribute to popularization of new technologies and explanations on how to use cryptocurrency and justify the need for its legalization.

On legalization of cryptocurrency

The founder of White Rock Management believes that trends of the World Economic Forum indicate irreversibility of the process of cryptocurrency legalization. This year, two main topics were discussed in Davos – inflation and cryptocurrencies. According to Serhiy Tron, in the coming years, the role of blockchain in the global economy will increase even more.

Serhiy Tron notes that in the near future, decentralization and blockchain will become the cornerstones of further technological development of civilization. This process involves more and more participants, and these are not just entrepreneurs. Low commission, speed, safety, and data security – all these advantages turn blockchain into an essential mechanism for the global economy of the future.

Full legalization of such technologies at the national level is a competitive advantage for the country. Active application of cryptocurrencies and blockchain will become a growing point of the new Ukrainian economy. Serhiy Tron is convinced that this will enable Ukraine to make a technological breakthrough and take its rightful place among advanced countries that create the world technological agenda.