Zhao: For the last few years, it’s this bipolar
thing. There’s a small group of guys who are
diehard crypto fans, and then there’s a majority
of people who don’t even know what crypto is.
But as more and more people get into crypto,
we see that middle ground.
I talk to a lot of athletes who are now looking
at NFTs (or non-fungible tokens, which use
the technology underpinning crypto to create
unique digital collectibles). They now realize the
value of this. They may not be a diehard crypto
fan, but they also are not super skeptical about
crypto anymore.
Even governors of central banks, when I talked
to them a year ago, they were very skeptical.
But now when I talk to them, they say, “We need
this to grow our economy.” But they still have
concerns about certain aspects of crypto.