Founder of First Chinese Crypto Exchange Claims Digital Assets Have Edge Over Crypto Tokens

  • Alex Dovbnya
    📰 News

    Bobby Lee, former CEO of the first Chinese crypto exchange BTCC, still thinks that digital assets in the likes of BTC, ETH and LTC are a good form of investment


Founder of First Chinese Crypto Exchange Claims Digital Assets Have Edge Over Crypto Tokens

Cheddar reports that Bobby Lee, former CEO of the first Chinese cryptocurrency exchange BTCC, still thinks that digital assets in the likes of Bitcoin, Ethereum and Litecoin are a good form of investment. At the same time, he is not enthusiastic about crypto tokens that are launched by companies with the purpose to fund a specific project.   

During the interview, Lee also weighed in on the issue of Ripple’s centralization. He is worried that a lot of companies and people are “misusing” it, trying to apply the coin to something that they launch themselves.
 

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About the author

Alex Dovbnya (aka AlexMorris) covers all things crypto — from major projects, which are fighting tooth and nail to gain the upper hand in the burgeoning industry, to the latest regulatory trends around the world. When he happens to take a break from crypto, Alex delves into cognitive linguistics (metaphors can be fun too!).

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