Digital assets still make a lot of sense, says Codex co-founder

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Codex’s co-founder and chief evangelist, Alex Gordon-Brander, spoke to Cointelegraph during an interview with the World Economic Forum in Davos, Switzerland about his bitcoin story, real-world use cases for crypto, and the economic downturn .

Standing in front of Davos’ “Crypto House” in the evening, where Gordon-Brander ended up demonstrating the Codex’s capabilities during a crypto panel, the co-founder shared an upbeat outlook on crypto.

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Longtime cryptocurrency enthusiast and Trade-Fi veteran, Gordon-Brander told Cointelegraph that he had been exploring digital and energy-backed currencies before the discovery of bitcoin (BTC). He researched “renewable energy credits and a distributed currency based on governments”, but he recognized that it was “super complicated”.

Around that time, a friend shared a bitcoin idea with Gordon-Brander, but like most people who first hear of bitcoin – especially so early on – Gordon-Brander thought it “might not work.” will do.”

He tried to hold some Satoshis, but his employer at the time, Bridgewater Associates—the bitcoin bull founded by former bitcoin basher Ray Dalio—”couldn’t handle compliance.” Fast forward to 2015, the year the Ethereum network launched, and Gordon-Brander realized it had legs in the cryptocurrency space.

“I was really intrigued by bitcoin, but the idea of ​​a programmable currency – the idea of ​​a world computer and an interoperable financial system, that blew me away,” he said.

Since 2015, Gordon-Brander assisted in the launch of a crypto exchange and participated in the initial coin offering boom before joining Codex Labs.

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Although there is growing interest among investors in decentralized applications, such as those looking to acquire their first ether (ETH), there is still “a lot of bitcoin first” interest from institutions. Finally, while the bear market price action continues, there is hope for Bitcoin and the cryptocurrency:

“As a secular trend stipulation, digital assets still matter a lot.”

Ultimately, as Gordon-Brander points out, there has been an awareness of crypto finance and its role in solving real-world problems, “for ordinary people to realize that their money in the bank was no longer safe if their government did not like it.” His politics, “to tackle climate change:

“The world is in a much better place with this technology than it is without it.”

His former boss at Bridgewater, Ray Dalio, now recommends a smaller allocation for bitcoin and it was hard to ignore the optimism brought to the WEF by crypto.