According to Odaily, Nate Geraci, president of ETF Store, posted on X that the crypto industry needs to put more effort into education, pointing to the CLARITY Act's advancement as an illustration. He said many politicians, key players in traditional finance, and mainstream financial media still do not truly understand the logic behind the industry's development. Some may lack knowledge of crypto technology, while others may perceive it as a competitive threat. Regardless of the cause, Geraci argued that strengthening educational work across the industry would help improve the situation and lead the market toward a more accurate understanding. He made the remarks in a social media post, adding that the industry's educational gap is significant. The post comes at a time when the CLARITY Act is moving through legislative channels, a process that Geraci says reveals how much work remains in explaining crypto's value to influential audiences. His comments were reported by Odaily, a Chinese crypto media outlet. Geraci did not provide details on any specific educational campaign, but his message reflects a broader concern among industry leaders about the lack of basic awareness among policy makers and financial professionals.
Nate Geraci, president of ETF Store, said on X that the crypto industry needs to step up its educational work, using the CLARITY Act's progression as an example. He noted that a large number of politicians, key participants in traditional finance, and mainstream financial media still do not truly understand the logic of crypto industry development.
Some of those people may not understand the technology, Geraci wrote, while others may feel competitive pressure from it. Either way, he argued that strengthening industry education would help fix the problem and push the market toward a more accurate understanding.
Geraci did not outline any specific educational initiatives in his post. His remarks, reported by Odaily, reflect the industry's ongoing difficulty in explaining its basic concepts to influential audiences that help shape regulation and investment flows.
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