Matrixport founder Jihan Wu believes that the crypto room will swell to tens of trillion dollars-
Matrixport founder Jihan Wu believes that the crypto room will swell to tens of trillion dollars-
seven months ago, in the first week of May, the entrepreneur for digital currencies, Jihan Wu, said at a conference that he would expect that the crypto industry will overtake the Internet. This week an interview with WU was published and the billionaire said that he believes that the crypto and blockchain room will achieve a value of several ten trillion dollars.
Jihan Wu: "Crypto and blockchain will grow to several trillion dollars in the future"
The former CEO of Bitmain is no stranger to the world of cryptocurrencies, since the pioneer has been working in the industry for well over a decade. jihan wu founded in 2013 together with Micree Zhan.
Lately he has been leading the financial services company Matrixport for digital currencies, a startup that raised $ 100 million in August. WU is a big fan of crypto and blockchain and in May Wu spoke on the second 421 wet season festival and mining ecology conference and said :
In the long run, the blockchain industry is optimistic and offers the greatest chance. The innovations in this industry can even exceed the Internet itself.
The matrixport and bitdeer- technologies founder is still optimistic in Related to blockchain and crypto and this week he was interviews by forbes asia in A story published by the author Robert Olsen. Wus optimism shows itself throughout the interview and noticed that his company believes that the industry will swell to several ten trillion in the future.
"We believed that crypto and blockchain would experience a quick growth to several ten trillion dollars in the future," said Wu during the interview. "And many of these new users will stay on the cryptom market forever, so they need advanced and sophisticated products to manage the wealth that they accumulate in crypto-assets."
In addition, WU underlined his optimism even more than he said:
Even if 95 % of today's coins lose their value and disappear, the remaining 5 % will grow massively.
The former co-founder of Bitmain briefly talks about the Out case with Micree Zhan, Bitmain continues his crypto path
In an interview with Forbes Asia, Wu briefly spoke about his dispute with the Bitmain co-founder Micree Zhan. Wu agreed with Zhan, stepped back from Bitmain and founded Matrixport and Bitdeer. According to Olsen, it was the first time that WU could talk about the topic, but a confidentiality agreement prevents the entrepreneur in the field of digital currency from talking about certain matters.
"That was a hard time for our business and for me. And of course the pressure to lead a complex manufacturing company has built up and finally led to a dispute between us co -founders," said Wu in an interview with Forbes Asia.
While Bitdeer recently announced plans for a listing on the Nasdaq and the recently received financing of Matrixport, bitmain is still on the rise in the industry. In the world digital mining summit in Dubai, Bitmain Previous Bitcoin mining device to date. According to the announcement, the Antminer S19 XP should be at speeds of up to 140 terahashs per second (TH/S). Antpool, the mining pool of Bitmain, is also the third largest Bitcoin-miner today with regard to the hashrate under Foundry USA.
What do you think that Jihan says Wu that he believes that crypto and blockchain will achieve a value of several ten trillion dollars? Let us know your opinion on this topic in the comments below.
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