People of Blockchain: John Roger Papadopoulos

Name and current occupation: John Roger Papadopoulos Pharmacist, Advisor

Describe your current activity: Investor, Pharmacist, Advisor

Short bio: John-Roger Papadopoulos is a manager, entrepreneur, strategist and a crypto enthusiast. He has been a part of the crypto community since 2012 and he has contributed in countless projects since then. He has high quality standards and he works only with high level professionals. He is a proud member of the ICO bench expert team and he is well known for his unbiased and independent opinions.

When did you first hear about Bitcoin/blockchain and how? I first heard about the blockchain technology in 2012 from a financial website.

What was the first crypto-related activity you did? Trading, mining, etc? It was mining bitcoin.

What was the last non-blockchain related job/occupation you had? I am a pharmacist and i own a pharmaceutical wholesaler firm located in Greece.

What made you migrate to the blockchain professional environment? Until now there is no migration. I am trying to do them both.

How do you see your role in blockchain and crypto? How do you think you can influence the industry? What i am trying to do is raising awareness about cryptocurrencies and blockchain industry and help with the mass adoption of them.

How do you see the actual situation with ICOs? Do you believe they should be regulated? ICO is a fast and easy fundraising process. That is why many startups pick this method. It is true that some teams behind projects provide falsified information to raise funds and manipulate investors taking advantage of the lack of regulation. Regulation should be implemented in a way that it will provide security to investors but also it must not slow down the innovation behind the blockchain projects by implementing unnecessary rules.

From your point of view, what are the main challenges of blockchain at the moment? The common idea is that blockchain projects have to solve a trillemma. Security, decentralization and scalability. Until now, no project could solve this problem adequately. But for me the problem lies on the fact that there is limited awareness about cryptocurrencies. People still think that it is a very fancy technology that they cannot be part of. This is the main challenge and that is why user experience is the most important thing that projects should focus on.

How do you see the future of blockchain? How will it evolve? Where do you think we will be in ten years’ time? Do you see crypto as some kind of universal payment system? Do you think that bitcoin will still be king, etc? I am not sure what will happen with the blockchain industry in 10 years. Of what i am sure is that people need a change. Nobody wants to have another 2008 like crisis where managers from banks took huge risks to get their fat bonuses because they knew that even if the banks fail they are going to be saved from their respective governments. This is unfair and unethical and people know that. Blockchain can provide an easy fast and transparent way of the same operations that a retail bank does. We must leave the idea that banks are the only pillars of our economy because this idea will lead us to another big crisis.

Disclaimer: for the “People of Blockchain” section we have developed a short Q&A with relevant people of the industry. All answers are presented exactly as offered. The content of the answers is not altered in any way and is the sole responsibility of the respondent.