Changphen Zhao: “If you don’t want to be outside the future, accept cryptocurrency

The head of Changpeng Zhao, one of the largest cryptocurrency exchanges, expressed the opinion that cryptocurrencies will become a shared future and urged everyone to accept digital assets.

“If you don’t want to be left behind in the future, you’ll have to accept cryptocurrency,” Zhao said at the 10th Asian Leadership Conference 2019 in South Korea.

The head of Binance stressed that Bitcoin "can no longer be ignored," and those who try to do this will be "poorer" in the future. In his opinion, cryptocurrencies and Bitcoin are not suitable for the definition of traditional assets. These are not securities and not metals, not any goods. Changpen noted that it is difficult to call them even currencies - this is something new and unique.

Also Changpeng Zhao said that those who want to ban the use of Bitcoin simply do not understand this asset.

“If you want to ban Bitcoin, and so many people tried to do this, it means that you yourself are excluding yourself from the future of finance,” said the head of Binance.
Recall that at the beginning of the month the Binance Exchange was hacked and the attackers managed to steal 7,000 BTC from the hot wallet of the site. Some user data has also been compromised.

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