- More and more innovators are moving from prestigious companies to jobs in crypto
- They see a lot of potential in the growth of cryptocurrencies
- Some innovators are sharing their thoughts on how they think crypto will evolve in the next few years
Everyone in crypto has been following the plummeting cryptocurrency market caps. But while this has been happening since January last year, it doesn’t stop new traders and innovators from investing in cryptocurrency, or old investors from topping up. In fact, some former Silicon Valley tech employees are choosing to leave their roles in prestigious companies like Google, Facebook, Microsoft and Airbnb to part of this industry.
In an interview with people from different roles within the crypto space, it turns out that many made the leap. Here are some of the reasons why they left their old work and how they see crypto in the long run.
Kari Tarr – Director of Operations at Good Money
Kari left Airbnb and Amazon to make the leap to crypto. She chose this industry despite the risks as she thinks that the next few years will see an amazing 10-100X growth. Tarr believes that this kind of digitization of legacy industries will come in waves. According to her, developers will find a way to make cryptocurrencies become mainstream. Just like when she was still a part of the early years of Airbnb, she finds building a product invigorating even without knowing what the regulatory landscape will look like the moment it’s finished.
For Kari, 3 years from now, the crypto market will have a solution for managing private keys to secure investments and decentralization. She also feels that Bitcoin will not always be the standard since it has run into problems such as scalability, technical governance, and power consumption. Kari thinks that there are more advanced blockchains that are being developed.
Yu Pan – R&D Engineer at Origin Protocol
Yu Pan left PayPal, YouTube, and Omlet Arcade to pursue his interest in the magic of public key cryptography. He believes that decentralized applications have the ability to change the world. As an engineer and crypto enthusiast, he wants to create a future where both sellers and buyers can transact in the wild through the use of neutral tools. Pan enjoys the open-source environment and mentality. He also likes working with public key cryptography as they care more about the collective effort to build community and the distributed solutions.
Henry Liu – Managing Partner at YGC Capital
Henry left the biggest social media network there is today – Facebook. He left thinking that after 2017, cryptocurrencies will become more popular. Moreover, he thinks cryptocurrency have clear use-cases today such as in record keeping, supply-chain, auditing, and other industries. They can use blockchain to make their processes in archaic systems more efficient.
Akbar Thobhani – Co-Founder and CEO at SFOX
From Airbnb, Stamps.com, and NASA, Akbar took a major leap and landed a new role in the crypto industry as a Co-Founder and CEO at SFOX. He has always been amazed by projects that safely connect and allow people to transact across borders. While Airbnb offers a platform that lets you share homes with people all over the world, crypto does this a lot better by letting you transact with people from different parts of the globe without the need for intermediary.