Interview with Vasilije Markovic of Cubits

Vasilije Markovic is the Analytics and Marketing Manager at Cubits. Cubits is a multi-purpose Bitcoin platform where you can buy, exchange, sell and store Bitcoins. 

How did you first get started with Bitcoin?

Vasilije: I had my first experiences with Bitcoin in 2013, after graduating from university. I’d read a few interesting articles about it, but the boom in price made me decide to look more closely. Eventually I started mining, trading and getting myself involved in the scene before landing my current job at Cubits.

With Bitcoin starting to become mainstream, which Bitcoin site(s) do you find yourself spending the most time on?

Vasilije: Cubits.com, of course. Otherwise, mostly Coindesk, Cointelegraph and CCN for news updates. I also get updates from sources like Reddit and Twitter. When I have time I also like to read blogs, which are a great resource for finding useful information. Bitcoin Chaser, too, especially for info about gambling. There are lots more, but for the sake of space I’ll resist naming them all.

What do you expect for the future of Bitcoin payment systems and wallets?

Vasilije: We saw some impressive investments in both this year and the last, and I expect to see the system and services mature, resulting in the growth of the user base. I think we’ll see more financing, more mature businesses, and rapid innovation.

What challenges have you faced in regards to Bitcoins and how have you solved them?

Vasilije: When I first got into Bitcoin, my biggest challenge was to actually get some. It was really hard to navigate Mt. Gox, I decided to avoid purchasing from them — lucky me! Other exchanges were also difficult in terms of their user interface and reliability. I had lots of patience and, since I wasn’t doing anything all day, had lots of free time, I eventually found a way to buy Bitcoin. In the end, I got them by mining altcoins and then trading. Nowadays it’s a lot easier to get Bitcoins, and at Cubits we’re trying to make the process as fast as possible. Better user interface, closer integration with payment providers and professionalism are the key.

What do you think about alternative cryptocurrencies?

Vasilije: It’s easy to become jaded when different cryptocurrencies appear daily and to dismiss all of them. I try to look out for interesting ideas and concepts, and there are certainly some present.  Decentralized Asset Exchanges, Decentralized Autonomous Organization, and Smart Contracts to name a few.

We saw Cubits integrate with some top Bitcoin casinos – what other integrations are on the horizon?

Vasilije: We recently partnered with Wikando. Wikando pioneered the concept of fundraising-as-a-service in 2008 and has attracted big names such as Oxfam, Amnesty International, The Salvation Army and Doctors Without Borders. We also have some big announcements planned in the coming months, so keep an eye on our blog for updates.

Where do you see Bitcoin in 5 years from now?

Vasilije: I think it will be part of our current financial system. It’s often hard to predict the future impact of a technology, and to predict the minuscule details that will come out of it. Still, there are a number of small and interesting projects all over the world. They have enormous innovative potential, and I believe this will actually push Bitcoin to the mainstream. I see Bitcoin and cryptocurrencies as a basic platform to allow for the development of very useful tools – some of which we don’t even realize we need.