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Former Binance CEO, Changpeng Zhao (CZ), in a conversation with Raoul Pal, affirmed that the cryptocurrency market is still in its early stages. He stated that only a few countries have started to approach him to discuss the adoption of Bitcoin at the national level, while the majority of the current bull run is driven by ETF funds.
CZ admitted that Binance had misjudged many aspects, not expecting stablecoins and meme coins to grow so strongly. However, he asserted that in the long run, blockchain and AI will undoubtedly play an extremely important role.
Notably, CZ predicts that in the future, AI will create tokens ten times faster than humans, and AIs will trade with each other using cryptocurrency. According to him, blockchain will be the secure storage for AI training data, and crypto will become the default payment method in the economy operated by AI.#WLD🔥🔥🔥
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