In a grand live broadcast on January 15th, Miles Guo elaborated the obstacles in the development of digital currencies and its inevitable trend.
In the past year or two, Western countries have been concerned about the rapid but disorderly development of digital currencies. In this case, they tried to limit digital currencies within control by using the existing ways of paper money, securities, etc. Nevertheless, the decentralized nature of digital currencies will eventually free themselves from these mandatory regulatories and obtain more space to grow, which can be told from its increasing importance in market transactions in recent years.
Miles predicted that within three to five years, digital currencies will be developed rapidly, leaving those traditional financial systems far behind.
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