Seven minutes. That’s how long you’d have to pitch your cryptocurrency idea to actor Andrew Duplessie, an angel investor in the space.
Then he’d grill you for seven more minutes to make sure you know what you’re talking about and that you’re not just jumping on the bandwagon.
“[There] are a lot of people trying to take advantage of the bubble,” said Duplessie during a sit-down interview with Cheddar.
Duplessie believes the cryptocurrency industry will continue to evolve from being dominated by programmers into a hub for visionaries.
“We’re seeing more legit entrepreneurs that really think about consumers,” he said. “[They] may not be able to code, but they have a really great vision for user interface and design.”
He also says start-ups that have already secured Series A or Series B funding are “considering ICOs” in the future.
“It only adds a greater value to the entire movement,” Duplessie said.
For full interview, [click here](https://cheddar.com/videos/actor-andrew-duplessie-on-investing-in-crypto).
Stocks dipped Friday morning after the yield on the benchmark 10-year Treasury crossed 5% for the first time in 16 years and also following Fed Chair Jerome Powell's remarks on Thursday.
Federal Reserve Chair Jerome Powell said Thursday that inflation remains too high and that bringing it down to the Fed's target level will likely require a slower-growing economy and job market.
