Vladislav Solodkiy, managing partner at Life.SREDA, a Singapore-based financial technology (fintech) venture capital firm, sheds light on what makes up “The Bubble Generation” and how it can unite and affect the world of cryptocurrencies.
- Solodkiy talked about “The Bubble Generation” and its impact on employment within two to five years
- “Bubble” companies are changing the landscape of the economy and how cryptocurrencies come into the picture
- The need to create new rules to replace the old regulations that does not work
Bubble is not bad. It’s good. Very good. A bubble is an indication that a new idea has appeared and infused itself into many minds. This is the society’s feedback to the fact that somewhere there is a great pain.
In a longer term after each bubble companies like Google, Amazon, PayPal and Netflix that were changing the landscape of the economy survived. And, most importantly, they brought a lot more benefit to customers than old players.
Some have likened the bitcoin, ethereum, and initial coin offering (ICO) craze to Tulip Mania, believing that the bubble is getting ready to burst. But what was Tulip Mania? Today, the tulip continues as a mainstay of the country’s economic life, but it plays a much more important role as the cornerstone on which Holland’s leadership as the largest purveyor or plants and seeds in the world is built. More than 250,000 jobs are the product directly and indirectly of the flower markets. The country continues to be the largest player with a 52% share in global exports of flowers and plants.
The major fight is not over resources, it’s over talent. Let’s take a look at The Bubble Generation Inc., which unites the world of crypto and ICO. Most probably there are 90 scammers and rascals out of every 100 people, (How many people do you really bring value in your company?) but if you count together all ten of each hundred don’t you think that The Bubble Generation Inc. will become the leader in the number of attracted talents within the next two – five years?
Source/More: The bubble generation manifesto | The Asian Banker