The Next Stage podcast by Web Summit
00:14:28 · Nik Storonsky, Alastair Marsh
[00:14:28] S2: I think it's purely a risk reward function. If I'm a bank and then a client is risky, so cryptocurrency exchange can go bust. You can have potentially big PR negative PR about it. So just charge more money. So that's what I would do. But for some reason, banks just prefer not to sell these clients. Okay. [00:14:51] S1: And with time drawing to a close or not, I wonder if we could just look ahead to next year. So 2017 was a very dramatic year for the crypto space. 2018 has been kind of a big downer and potentially a kind of weeding out of some of the less fruitful projects, let's call it that. What's your thoughts for kind of 2019 in crypto? Are we another rally? Or is it just building on the constructive stuff that's happened this year? What do you think as we look forward? [00:15:23] S2: I think usually every new thing goes through ups and downs, right? And usually we see double dips. So I think next year there might be something exciting appearing for everyday usage because Rarity is for majority of well, at least our customer script is still a speculative tool. There is opportunities now in B2B. We'll see in 2019 some opportunities in B2C. So some are real use cases. Okay. [00:15:56] S1: So a constructive year, but a very exciting year perhaps. Well, we'll see. We'll see. Okay. Ladies and gentlemen, Nikolay Storonsky. Thank you very much. Thank you. Thank you.