They say the early bird gets the worm. This saying is 100% applicable to current events in the cryptocurrency market.
Astute and experienced traders usually scan coinmarketcap every day for potential diamonds before they become popular. This is the same principle that many traditional bankers and traders have decided to follow as they leave the big banks and enter the exciting world of cryptocurrency. This world is currently dominated by BTC, ETH, XRP and many other coins that are driving the market's rapid growth.
These cryptocurrency markets may be a more suitable environment for young bankers and traders than traditional investing. There are also cases of people from other professions, such as engineers, leaving leadership positions in their companies for the promising world of blockchain and cryptocurrencies.
Yuzo Kano, a former Goldman Sachs alumnus and now CEO of Bitflyer.inc, is involved in aggressively recruiting traders and bankers working for his old employer. Kano wants to recruit the best of the best to work at bitFlyer platform. His current team consists of former senior employees, as well as young colleagues from Barclays Plc, Credit Suisse Group AG, and other banking giants.
So what is really going on?
First, as already mentioned, Yuzo Kano wants to recruit the best of the best for his exchanger. Therefore, it is currently hiring experienced workers.
Second, bitFlyer offers attractive salaries, not as high as on Wall Street, but all full-time employees receive stock options and can buy them back without waiting for the initial public offering (IPO). There is a huge segment of young bankers who are disillusioned with the routine of Wall Street and want to get a taste of the startup that bitFlyer offers.
Third, as stated earlier, the early bird gets the worm. As with any new industry, the people who get into it early are the ones who profit the most when it succeeds. An example of this is Elon Musk, who instantly became a billionaire thanks to the paypal startup.
In conclusion, the trend away from traditional banking systems towards cryptocurrencies is an indicator of the general vector of development.. Whoever said cryptocurrency is a scam will regret it when 20-year-olds start buying islands.
If they haven't started yet...
According to https://ethereumworldnews.com
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