Shytoshi Kusama Reveals Astonishing Crypto Data from Gemini Exchange

by

As a researcher with over two decades of experience in the dynamic world of technology and finance, I find myself intrigued by the recent developments in the crypto sphere. The tweet from Shytoshi Kusama, a figure known for his significant contributions to the SHIB ecosystem, caught my attention. His comment on the Gemini statistic about young investors embracing crypto is thought-provoking.

Recently, the mysterious Shiba Inu (SHIB) leader who goes by Shytoshi Kusama posted a tweet that mirrored one from the prominent cryptocurrency exchange Gemini, co-founded and operated by the well-known “crypto twins” Winklevoss.

Kusama commented that this is an “interesting stat.”

Investors under 30 embrace crypto

According to statistics from Gemini, approximately half of individuals below 30 years old are involved in cryptocurrency investments. It’s hard to believe what an intriguing future lies ahead! While the tweet doesn’t specify the exact location, considering Gemini is based in New York, it seems safe to assume that this trend pertains mainly to the United States.

Interesting stat:

— Shytoshi Kusama™ (@ShytoshiKusama) November 7, 2024

People within the cryptocurrency world expressed optimistic views and encouragement after Gemini’s announcement, predicting that widespread adoption of digital currencies around the globe could significantly reshape the future.

Indeed, several commentators on Shytoshi Kusama’s post questioned certain aspects. Specifically, they argued that the approximate numbers provided by Gemini do not constitute a significant portion of the global populace.

Kusama’s S.H.I.B. proposal for US government

Earlier this week, according to U.Today’s report, Shytoshi Kusama put forth an innovative idea in a blog post: suggesting that the new US leader establish a “Strategic Hub for Blockchain Innovation” – abbreviated as S.H.I.B.

The suggested plan aims to significantly modify a prospective American city using blockchain technology, primarily focusing on:

The plan also included suggestions on adding numerous economic incentives, improving talent development, as well as the regulator framework. Kusama estimated the rough cost of implementing all parts of his strategic plan as $1.3 billion – $2.35 billion. The realization of the plan, according to his calculations, would take from 5 to 10 years.

Interestingly, Shiba Inu (SHIB) was not explicitly mentioned in the details provided, but only its acronym S.H.I.B. appears. It seems reasonable to assume that Kusama is planning to construct the entire project on the Shibarium blockchain, which is slated for release in August 2023. At present, the SHIB team is actively working on a layer-3 solution, having raised $12 million from various investors earlier this year for this purpose. Additionally, the team is also dedicating efforts to developing the SHIB Metaverse, which could potentially be incorporated into the S.H.I.B. project as well.

Read More

2024-11-08 12:28