April 1, 2023

Fireblocks’ Omer Amsel Discusses the Future of Crypto at ETH Denver

The crypto industry has been a wild ride, with highs and lows that can make even the most seasoned investor dizzy. But for Omer Amsel, Head of Web3 at Fireblocks, it’s all part of the game.

Speaking at ETH Denver, Amsel discussed the cyclical nature of the crypto market, with bull markets followed by bear markets and then back to bull markets again. He pointed to the crash of 2017 and 2018 as an example, which led to the explosion of DeFi and NFTs that we see today.

“Crypto has this way of pushing the envelope, and then something happens,” Amsel said. “So, then it goes back to the drawing table, and thinks about what is the next thing. I think that’s the beauty of this.”

Amsel also discussed the importance of interoperability in the crypto space, noting that it’s crucial for different blockchains to be able to communicate with each other. He pointed to the recent launch of the Ethereum Layer 2 solution Arbitrum as an example of how interoperability can help to scale the network.

Looking to the future, Amsel sees a continued focus on DeFi and NFTs, as well as the emergence of new use cases for blockchain technology. He also believes that regulatory clarity will be key to the industry’s growth, as it will help to attract institutional investors and mainstream adoption.

Despite the ups and downs of the crypto market, Amsel remains optimistic about the future. “I think we’re just scratching the surface of what’s possible,” he said. “There’s so much more to come.”

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