Pretty much everybody in digital assets knows sisters Viazemsky, the Cryptotwins behind Value.Tokenized, a vlog on tokenization and digital assets. Digital Assets Live Editor-in-Chief asked Xenia and Masha about their own personal interests in the field.
Q1: Xenia and Masha Vyazemsky are quite famous among those interested in digital assets. What are your own current preferences in the blockchain space and why?
Masha: We see our role in this industry as observers, communicators, and educators.
We have been watching the digital asset space closely for the past 1,5 years, and it is exciting to see the market evolve and mature. We’re big believers in the potential of blockchain technology to change the financial industry, making it more accessible and inclusive.
It is still a long way to go, but the active interest from stock exchanges (SIX, London Stock Exchange) and software giants (Microsoft, IBM) shows us that this is already happening today.
Xenia: As for our preferences, stablecoins, tokenized funds and real estate are among the most exciting use cases for blockchain technology we will be following closely in 2020.
Q2: Do you still believe in mass adoption of classic cryptocurrencies, such as BTC and ETH? Please give your reasons as well.
Xenia: It depends on how you measure mass adoption. We’re big believers in Bitcoin as a store of value, we are sure that the public awareness will grow, and more and more people will invest in Bitcoin and use it to store their funds. As a currency, however, it doesn’t have many chances to succeed: Bitcoin is too volatile and too slow to be, well, real money.
Masha: As for ETH, Ethereum network has become the foundation for the alternative banking system that is rapidly getting recognition as ‘DeFi’. However, due to the same reasons as BTC, ETH will face problems being adopted as a mainstream payment method. Which is totally fine: it has other more important killer applications.
Q3: 2020 – will it be a year of stablecoins or security tokens or something else?
Masha: Definitely stablecoins and national bank digital currencies. Also, 2020 will be the year of decentralized finance in general.
Q4: Often times, twins only look identical, but have different work habits and preferences. How valid is it for you?
Xenia: We have completely different personalities and different approaches to work. I would say Masha is a brilliant tactician, and I’m the strategist 🙂 At the same time, we work on every project together, and share the same goals and values. This makes us extremely efficient as a team.
Q5: Do you two ever hold different views to a token or an issue that you write or make a video about? Give us an example.
Masha: It might be dull, but we usually don’t! We always exchange opinions before recording our interviews to make sure we’re on the same page. Sometimes Xenia is a little too enthusiastic about a particular project’s future, but I stay more realistic and ask harder questions.
Q6: Let’s talk trends. In your views, how will the blockchain universe look like in the near future (1-3 years), mid term (3-5 years), long term (5+ years).
Xenia: During the next year or two we are going to see several major launches of digital securities exchanges, both by traditional financial institutions and startups who are currently in the process of development and licensing. This is going to be an important step for the industry.
In midterm perspective, we hope to see the regulators globally collaborate and work on establishing the unified regulatory framework for digital assets that will enable frictionless development of infrastructure, increased trust, and eventually mass adoption on many different levels.
Masha: During the next decade we will see blockchain become an integral part of the traditional financial system, turning into more accustomed and ‘boring’ tech instead of an exciting new industry as we see it right now. In 5+ year we won’t be talking as much about blockchain as about the brand new era for global finance.