Crypto Industry's Immense Potential Remains Untapped, Says CZ

Binance founder Changpeng Zhao recently highlighted the crypto industry's immense potential, despite its current state. Speaking on a livestream, CZ emphasized that the industry is still at a nascent stage, with only around 7-10% of people globally having some exposure to crypto.

This relatively small percentage holds significant weight, given the vast majority of those invested hold less than 1% of their net worth in digital assets. By this measure, crypto's share of total global wealth remains extremely small.

CZ identifies three technologies that will shape the next era of global finance: the internet, artificial intelligence, and blockchain. He believes these emerging technologies will have a profound impact on the economy, with blockchain serving as a foundational layer for Web3.