CZ: Cryptocurrency Asset Penetration Rate Still Below 1%, Significant Growth Potential Ahead

BlockBeats News, July 17th, CZ stated in an interview on the Talking Tokens podcast that many still view cryptocurrencies as a speculative investment, focusing on the exit strategy. However, he emphasized that cryptocurrency and blockchain are fundamentally a core technology and should not be understood solely from a short-term price perspective.

CZ compared blockchain to the Internet and AI as the three core technologies he has experienced. He believes that currently, the cryptocurrency industry's penetration rate is still less than 1% by wealth scale, indicating significant room for future growth.

CZ also mentioned that there should no longer be a strict differentiation between traditional finance and crypto finance in the future. The tokenization of stocks, as well as banks and financial institutions adopting blockchain, have shown that the two are merging. Ultimately, they will form a single financial system.