SSI Chairman: 5 years ago I thought Bitcoin would go to 0, but now it's different

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Five years ago, Mr. Nguyen Duy Hung, Chairman of the Board of Directors of SSI, frankly said that Bitcoin could go to 0. But at the present time, his point of view has completely changed. At the recent Annual General Meeting of Shareholders of SSI, Mr. Hung Chia that digital assets are no longer simply "coins" for speculation, but are in fact a revolutionary technology platform.

According to him, if in the past all transactions were recorded and controlled by a centralized ledger, blockchain technology turns each individual into a living "ledger", participating in mutual authentication and monitoring. This is a fundamental difference, opening an era of transparency and decentralization for the global financial system.

Mr. Hung emphasized that businesses need to keep up with the younger generation, because in just 5-10 years, they will become the key business class leading the economy. While the previous generation is familiar with the traditional stock market, today's youth pay more attention to digital assets, blockchain and Web3.

According to him, this is not just a temporary trend but will become a key business segment of the future. That is why SSI has built a specialized technology team, ready to deploy when the legal corridor for the digital asset market in Vietnam is completed.

SSI's pioneering Vai and its aspiration to reach international level

SSI Chairman affirmed: “The digital asset market is only truly meaningful when young Vietnamese builders can bring their products internationally, bringing Capital and benefits back to the country.”

Accordingly, SSI wishes to play a pioneering Vai , creating a foundation to form a sustainable digital asset ecosystem. This is also an orientation for the Vietnamese market to not only consume technology from outside, but also export blockchain intelligence, products and services to the world.

Not only in Vietnam, the global picture of digital assets is also changing rapidly. After many years of skepticism, Bitcoin has now become a widely recognized financial asset. Large investment funds in the US and Europe have participated strongly, while many countries are researching the issuance of central bank digital currencies (CBDC).

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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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