Ken Chan, co-founder of Aevo, has expressed disillusionment with the cryptocurrency industry, describing it as a speculative casino rather than a financial revolution. Reflecting on his eight-year journey in crypto, Chan noted that the sector has strayed from its original promise of financial decentralization and libertarian ideals. He criticized the industry's focus on gambling-like behavior, arguing that it has failed to develop a sustainable, value-driven financial infrastructure. Chan's remarks have ignited debate, with some industry figures agreeing on the speculative nature of crypto, while others highlight its long-term potential and societal benefits.
Ken Chan Criticizes Crypto Industry as Speculative Casino
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