Gus – Cryptocurrency Expert
According to VC investor Avichal Garg, the CEO and co-founder of Electric Capital, who describes himself as "an NFT maximalist," nonfungible tokens (NFTs) will be crucial in popularizing cryptocurrency and bringing it to billions of people. NFTs are related to facets of daily life including art, music, and gaming, unlike other crypto niches.
"Since culture is ultimately what NFTs are, I could conceive that they are actually many billions of humans. And that's something that everyone can comprehend and take part in”, according to Garg, who spoke to Cointelegraph.
Garg is especially upbeat about the use of NFTs in the gaming industry, which he anticipates will grow exponentially. In 18 to 24 months, he projected, "we're basically going to witness this deluge of (NFT-based) games.".
As long as high inflation rules the macroeconomic environment, the bear market may continue, according to Garg, which means it might be another year or two before the next bull cycle starts. However, when he looks out over a 10-year time horizon and beyond the current financial circumstances, he feels fairly enthused about the cryptocurrency sector.
“When considering a time horizon of two to three years, interest rates and inflation predominate. However, innovation is the one that prevails over time:”, he noted.
If you would like to get ahead into NFT market, firstly you would need to buy cryptocurrency to get a Non Fungible Tokens. You can do that at one of the most trusted cryptocurrency brokers – BC Bitcoin. You can buy crypto with credit card as well as bank transfers.
Dear valued BC Bitcoin UK Clients,
I hope this email finds you well. We are reaching out to inform you of some significant changes to our services that directly impact our operations within the United Kingdom. Regrettably, due to the recent regulatory developments introduced by the Financial Conduct Authority (FCA) and the implementation of the new Financial Promotions Regime, BC Bitcoin is no longer able to offer our services to clients based in the UK. This very difficult decision is in compliance with the regulatory framework and ensures that we uphold the highest standards of transparency and legality. You can view the FCA publication here: https://www.fca.org.uk/publication/finalised-guidance/fg23-3.pdf As a result, we would like to inform you of the following changes and provide guidance on how to manage your assets with BC Bitcoin:
1. **Service Termination for UK Clients:**
BC Bitcoin will no longer be able to accept new purchase orders from clients residing in the United Kingdom.2. **Continued Operation Outside the UK:**
Despite the changes within the UK, BC Bitcoin will continue to operate outside of the UK as normal. Our services will remain unaffected for clients in other regions.3. **Withdrawal of Assets:**
For our UK clients holding assets with BC Bitcoin, we want to assure you that your assets are secure. You have the option to safely withdraw your assets or exchange them to GBP or EUR and subsequently withdraw. We have streamlined the withdrawal process to ensure convenience for our clients.4. **Conversion of Assets:**
To convert your Holdings to fiat please log in to your BC Bitcoin account and submit a sell order for the amount of coin you hold with us. During the process you will shown how much you will receive and asked the bank details you wish to receive payment to. In addition, you can request the conversion by emailing info@bcbitcoin.com from your registered email address. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process.5. **Withdrawal Procedure:**
To initiate a withdrawal, please email your request to info@bcbitcoin.com from your registered email address. You may be asked some security questions to verify your identity. If you encounter any issues or require assistance, our customer support team is ready to help you throughout the process. These changes are effective immediately, and we appreciate your understanding and cooperation during this transitional period. We understand that this may be an inconvenience for our UK clients, and we sincerely apologise for any disruption this may cause. Thank you for being a valued part of the BC Bitcoin community. We are committed to providing you with a seamless experience as we navigate through these regulatory changes. If you have any questions or concerns, please do not hesitate to reach out to our customer support team at info@bcbitcoin.com Kind Regards