👀Changpeng Zhao talks about the UAE's Bitcoin holdings, sparking heated discussions in the community
Changpeng Zhao, the boss of Binance, recently shared an article on the UAE's Bitcoin holdings on social media X, and wrote that the UAE may have $40 billion worth of Bitcoin.
As soon as the news came out, everyone was furious, especially cryptocurrency lawyer Irina Heaver, who doubted the credibility of the number and felt that it sounded like AI made it up.
In response to everyone's questions, Changpeng Zhao also responded that the number was indeed a bit beyond his expectations, but he felt that considering the large number of rich people in the UAE, the number was reasonable. He also said that although he did promote cryptocurrency in the UAE, he himself could not tell how much of this huge number was his credit.
Changpeng Zhao also mentioned that Dubai has changed a lot from a few crypto companies in 2021 to thousands of blockchain companies now. Dubai's various policies and government efforts have successfully attracted many international crypto companies to do business there.
Now, everyone is discussing the UAE's Bitcoin holdings, which happens to be when the UAE is striving to become a global cryptocurrency center. Although the specific figures have not been confirmed, this topic does make the UAE's influence in the cryptocurrency world more prominent.
In short, in the era of information explosion, the cryptocurrency market is susceptible to rumors and false information, and the anonymity and decentralization of cryptocurrency transactions make information verification more difficult. Investors and market participants should learn to distinguish between truth and falsehood, rely on reliable data sources and professional analysis, rather than blindly follow the trend.
💬Finally, what do you think of the UAE's claim of Bitcoin holdings? Do you think this number is likely to be true? Leave your opinion in the comment section!
