Bitcoin might be down but interest in crypto and NFTs is here to stay: Ledger CEO – Cointelegraph

The future for crypto remains very bright. Thats according to the CEO of Ledger, Pascal Gauthier who sat down for a tte--tte with Cointelegraph in his home country, France. Gauthier, who enters his eighth year working at Ledger, explained that therecent downward price action in Bitcoin has not brought interest in crypto to a standstill:

Gauthier voiced his opinion while sitting in front of the doors to the Biarritz Grand Casino, home to Frances largest Bitcoin conference, Surfin Bitcoin. The conference was a Bitcoin maxi-style affair where royalty and Bitcoin hobbyists rubbed shoulders to nurture Bitcoin adoption in France.

Commenting on the religious war of Bitcoin maxis versus the rest of the world, Gauthier explained that its a question of product fit. While competition is good as it drives innovation, its also a question of use case: It's also interesting to see that people just use the product. And when they use the product, they use Bitcoin and sometimes they use other things.

In response to the crypto contagion, in which Hodlonaut, Zipmex, Vauld, and countless other exchanges experienced difficulty managingor went as far as freezingcustomers funds, Gauthier told Cointelegraph that Ledgers sales are Way up. Gauthier lamented that the increase in sales is bittersweet as people have to learn The hard way. During the interview, he gave a stark warning aboutthe importance of holding one's keys.

On a lighter note, however, Gauthier is optimistic and hopeful for the future of crypto. From the Metaverse to crypto gaming to more participation in Web3 technology, Gauthier admitted that its early days for the space but a lot of things in the future make him go Wow!

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Bitcoin might be down but interest in crypto and NFTs is here to stay: Ledger CEO - Cointelegraph