Bitcoin Revolution Still “At The Beginning Of The Beginning”: Binance CEO

Feb 11, 2019 at 16:48 Update Date :Feb 11, 2019 at 16:48 UTC

Binance CEO and Bitcoin mega-investor Changpeng Zhao has sent a message to everyone who thinks they have missed out on buying bitcoin when the crypto was still in it’s infancy, saying that the Bitcoin revolution was still “at the beginning of the beginning.”

In response to a tweet from a Twitter user, who wished to have joined the crypto’s race when it was still early, the Binance CEO stated that he felt the same way back in 2013, looking at Bitcoin’s early adopters.

Bitcoin back then was still growing towards the $20,000 peak it achieved in December 2017. At the time of writing, its price continued to climb towards the $3,700 mark.

Here’s what Zhao said to the Twitter user:

Zhao credits Erik Voorhees, the CEO of crypto exchange Shapeshft, for having providing him with “a good inspiration” during their first meeting back in 2013, which was a supposed turning point in his career.

Erik Voorhees, on his part took to Twitter to convey his feeling of elation at the exceptional work done by Binance in the exchange’s short period of initiating operations.

The Harsh Crypto Winter And The Foreseeable Future

Cryptocurrencies have in the last week or so picked up steam in an otherwise frosty winter that was dominated by the bear market.

This however, does not concern crypto fanatics made from the same mold as Zhao, who witness crypto industries dominating most institutions the near future.

As Zhao previously stated:

“Binance is ready to survive any number of years, no matter if it’s bear or bull…Our aim is much longer than another year. Our aim is 10, 50, 100 years. So we’ll be here for a while…Once I learned about crypto and how bitcoin works, I just understood that’s the future.”

The crypto market continues to remain heavily influenced by Bitcoin’s bull and bear trends and so it would be safe to conclude that at this point, no cryptocurrency presents as much potential as Bitcoin has to offer and investors still trying to make up their minds should shake on this deal because as CZ said the Bitcoin revolution is still “at the beginning of the beginning.”

Also Read: Wozniak: Sold All My Bitcoin Holdings at $20,000 Peak

Leave a Reply

Please Login to comment
  Subscribe  
Notify of