All eyes were again on the BSV blockchain as the Ritossa Global Family Office Investment Summit held its 15th edition in Monaco.
As usual, the event drew an elite audience from various businesses and industries around the world, with Bitcoin Association Founding President Jimmy Nguyen taking center stage to talk about the BSV blockchain.
A good day in #Monaco at 15th Ritossa Global Family Office Investment Summit. Got people thinking about what gives value to Bitcoin, and the answer #BSV provides (scaling + data) pic.twitter.com/pB5Ni9aDLa
— Jimmy Nguyen (@JimmyWinSV) July 1, 2021
In his keynote speech, Nguyen drove home the message that there is tremendous value in digital currency and blockchain technology. However, there is a lack of understanding among some people about exactly where this value stems from.
“We believe in massively scaling the bitcoin blockchain so it can power huge volumes of efficient payment transactions and massive use of data applications,” Nguyen says. “Because then you can get value, because data is the most valuable commodity of our digital economy, and it can power value in the coin and the blockchain.”
Several business leaders building on the world’s most powerful blockchain put forward their own examples of the real-world value behind digital assets.
“We live in a world where data is plenty,” says Fabriik Chief Visionary Roy Bernhard. “There’s tons of it. We live in a world where digital assets will become greater and greater where almost every, well pretty much every asset on the planet will find a way to live in the digital world. And so the real value is in curation.”
Matthew Whitcomb, head of investor relations of TAAL Distributed Information Technologies Inc. (CSE:TAAL | FWB:9SQ1 | OTC: TAALF), says that the BSV blockchain is particularly powerful, offering the speed, scalability, and cost effectiveness that investors are looking for.
Entrepreneurs at the 15th Ritossa Global Family Office Investment Summit admit that there is a certain divide between the digital currency world and traditional business. However, they say that it is possible to bridge this gap, and the trick is in fostering better understanding of the technology.
As EQIFI CEO Brad Yasar explains, the more that people understand what the technology is capable of, the more people are going to be interested in using it.
New to Bitcoin? Check out CoinGeek’s Bitcoin for Beginners section, the ultimate resource guide to learn more about Bitcoin—as originally envisioned by Satoshi Nakamoto—and blockchain.