"Hong Kong is China's crypto sandbox."
Founder of @EVGHQ, @realAllenNg on why HK isn't competing with Dubai or Singapore — it's Beijing's trial run.
Full interview: @_dsencil | @consensus_hk
This feels like someone who started working on the internet in 1993 writing a farewell in 2003, condemning the web as never amounting to more than a bookstore, illicit content, and pirating.
Appreciate what Ken built in the space even if it didn’t work out. A loss for his token holders that he’s tossing in the towel.
I do understand that people run out of gas and feel ready to look for inspiration elsewhere. It’s natural.
This farewell letter declaration about the space (including condemning its future) is, however, a wrong assessment and in my opinion reflects limited understanding of both what’s happening in the space as well as the evolution of most businesses and technologies.
The prospects of crypto having a positive impact on the world have never been greater.
Be the change you wish to see in the world.
Onward —