OKX Star: The crypto industry will not simply replicate the traditional financial transaction structure, and I believe that self-custody is the future

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On September 18, BlockBeats reported that OKX CEO Star attended the roundtable discussion on "The Next 3 Years in Crypto" on the first day of the TOKEN2049 main venue and said:

I don't think the crypto industry will simply copy the traditional trading structure. Because the crypto industry is still essentially a technology-driven industry. Many new technologies will make these typical market structures no longer necessary, and many better market structures will emerge.

Self-custody is a great technology. For thousands of years of human history, after we created wealth, such as gold or silver, people took it home and put it under the bed. In the digital age, when we get money, there are third-party agents who help us manage it. I think self-custody technology provides a choice for human society, allowing people to control their own funds instead of relying on others. I believe this will be a great future.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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