Justin Sun spoke at Token2049 and discussed his beliefs about the future of crypto, decentralization, and blockchain. - justinsun cryptocurrency
On Sept. 28-29, over 7,000 crypto enthusiasts, investors, and entrepreneurs gathered for Token2049, Asia’s largest cryptocurrency event.
‘In doing so, crypto will need to learn a lot from the history of traditional financial institutions, as we take on the huge responsibility of providing financial services for everyone. We need to help people feel confident we can do that.” As Sun explained at the panel discussion, it will be important for developers to work together and embrace a variety of applications as crypto evolves over the next decade to build a more robust blockchain ecosystem.
These coins are designed to retain stable values through pegging to currencies such as the U.S. dollar. This hybrid model is distinct from centralized stablecoins that rely on off-chain institutions, such as banks, to collateralize the coin via a fiat currency.
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