CZ: This hasn't been a good year for the crypto space, but the progress of RWA and stablecoins has been unexpected

BlockBeats News, August 30th. CZ appeared on the "Meanders" podcast, where he discussed resilience, adaptability, and lifelong drive in the cryptocurrency field. When talking about resilience, CZ said, "I usually don't set specific goals; I just do my best. This year, if the market is not doing well, the company's performance may decline, but I did my best. I didn't slack off, and I didn't make any major mistakes. I approach problem-solving the same way. No matter how difficult the problem is, I just try my best to address it. I also believe in the simulation theory; I believe that the world is simulated, so it's like a game. It's a simulation, but it doesn't mean the game is not important. However, in this game, as long as you do your best, just handle it, and after solving it, you can only wait; it's like a win by lying down."

Speaking about the industry, CZ said, "Regarding blockchain itself, I think the improvement in performance is still too slow. But because Bitcoin upgrades are relatively slow, it is particularly stable, which is also an advantage. So there are pros and cons. In the ideas of many of us early adopters, many have been realized, many have not, and many unexpected things have happened. As for the whole RWA thing, even a year and a half ago, I would have been a bit skeptical about whether RWA could succeed, but now it has grown rapidly. To be honest, about stablecoins, five years ago, I might have had some doubts about how long stablecoins could last. At that time, I didn't fully understand it. Stablecoins have their use. So these few things are things we didn't think of before."