The tension red people say | library currency international CEO: don't be evil is our bottom line, library currency cloud and public chain is the focus of this year to build the field

BlockBeats news: on the evening of March 23, renren said that it invited Johnny, CEO of coincoin trading platform, to conduct an online AMA. BlockBeats is the media observer group of the AMA. As previously reported by blockbeat, the former CEO of KuCoin Michael (currently the chairman of KuCoin group) recently released an open letter to announce the formal establishment of KuCoin group. Cofounder Johnny Lyu took over as CEO of KuCoin international, and centralized management of KuCoin spot platform, contract platform KuMEX, pool-x PoS Pool and other products. & have spent

According to Johnny, after the recent announcement of the establishment of coincoin group, coincoin international, coincoin cloud and coinchain & amp have three business divisions. KCS business unit. Coinage cloud and public chain are the focus of this year to build areas.

Johnny said that after the "9.4" period when the currency was first established, he chose to develop overseas. Therefore, the coinage has a high degree of internationalization. It is a Top 3 currency in many countries in Europe, southeast Asia and America. The platform now supports 15 languages. As one of the competing trading platforms, coincoin now supports 22 kinds of COINS, including us dollar, euro, Australian dollar, Vietnamese dong and Indonesian rupiah. Coincoin plans to support more than 100 kinds of COINS in 2020. Then the host zhang li asked about compliance. Johnny said that coincoin is actively embracing supervision and has made some progress in Australia and some parts of Europe, as well as in Japan and Singapore.

Johnny revealed that there are about 5 million registered users worldwide, covering 207 countries and territories. Globally, one in four cryptocurrency holders is in the library.

Tension and questions the sensitive trading platform "brush" problem, Johnny said: "our flat t KCS is still in an encouraging mechanism of gold, fee income of 50% will be used to repurchase KCS every day, so if the quantity of brush, we will need to provide to the inflated the number of repurchase, fundamentally restricts us to brush quantity, so to speak." He says the currency is spending more energy and money to boost liquidity.

Johnny thinks cryptocurrencies are still in their early days, and they're going mainstream,A few key events are missing, such as the emergence of killer dapps, the clarity of regulation in major global markets and the breaking of existing industry restrictions.

After 312 collapsed, there are more and more comments on "bitcoin is no longer a safe-haven asset", "bitcoin volatility is the highest among all assets" and "institutions give priority to selling bitcoin". Do you think bitcoin is still an excellent investment asset at this stage?

Johnny thinks that a drop in global capital markets have recently about whether the currency for safe havens less important, than the currency, gold, silver and other routine safety also ushered in a severe drop, can be understood as the outbreak of the consciousness of "cash is king" in the embodiment of the capital market, now you can see that the governments in order to save the city, most of the adopted the quantitative easing monetary policy. The biggest reason for the creation of bitcoin is to fight against the government's money printing during the last round of economic crisis. In fact, it will be good for digital assets in the long run.

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