Sun Yuchen: Cryptocurrency is like a museum, and investors need to keep learning
2024-12-10 09:58

On December 9, Sun Yuchen, global consultant of Huobi HTX and founder of TRON, was invited to attend Bitcoin MENA. In the keynote speech of "The Great Debate: Bitcoin vs Crypto", talking about the relationship between Bitcoin and other cryptocurrencies, Sun Yuchen said that one of the core narratives of Bitcoin is the store of value, which needs to make every holder feel assured through absolute security and decentralization. So the best way for Bitcoin is to maintain its original face. This may undermine innovation, but ensure stability. If you want to pursue innovation and explore cutting-edge consumer technology products, it can be achieved through other blockchains and cryptocurrencies.


"Every cryptocurrency has its meaning. Like Ethereum or TRON, their value is easy to understand, because millions of users use them every day. There are also other cryptocurrencies like Meme, which it may be hard to understand their value immediately, but from DOGE to SHIB to PEPE, Meme has reached a considerable scale. So I think cryptocurrencies is like a museum, and you may not understand every collection, like you don't understand why a banana is worth $6 million. What you need to do is keep learning as cryptocurrencies evolve." Sun Yuchen said.


The Bitcoin MENA, held from December 9 to 10, is one of the largest crypto summits in the world and the first such event in the Middle East and North Africa. The summit attracted a number of heavyweight guests, including US President-elect Donald Trump Eric Trump, CZ Zhao Changpeng, CEO Marwan Alzarouni and Dubai Blockchain Center.