Circle CEO Jeremy Allaire Expresses Increased Confidence in Cryptocurrency

According to Odaily, Circle's co-founder and CEO, Jeremy Allaire, has expressed a stronger belief in cryptocurrency than ever before. He voiced his opinion on the X platform, stating that the way most 'important people' such as mainstream media, policy makers, and heads of large financial institutions, often filter the concept of 'blockchain' is usually overly narrow. Allaire believes that blockchain networks are the new internet operating systems. They are unique and ensure that data and code are immutable, indisputable, and publicly verifiable. Most importantly, these networks are designed to be decentralized, providing society with an undisturbed, direct, and efficient surface for participation and transactions. From a technical perspective, the development of infrastructure is quite incredible, including aspects such as tools, security, scalability, and many others. Allaire's comments highlight the growing acceptance and understanding of blockchain technology and its potential to revolutionize various sectors.