Changpeng Zhao: "AI-Blockchain Innovation is Just Beginning... Invest with a Long-term Vision" [Token 2049 Dubai]

Changpeng Zhao, founder of Binance, advised that success can be achieved by investing with a long-term vision and patience.

On the 30th (local time), Changpeng Zhao, during his keynote speech at the Token 2049 Dubai conference held at Madinat Jumeirah, Dubai, told investors, "You should not invest in tokens you don't understand just because someone mentioned them on Twitter. You need to invest in projects you understand with patience in the long run."

He emphasized that the potential of blockchain and artificial intelligence (AI) is limitless. Changpeng Zhao stated, "Blockchain can be utilized in various fields beyond finance, such as land registration, public record storage, and document management, and AI will perform numerous tasks using the data based on this."

He added, "In the future, decentralized AI, which combines blockchain and artificial intelligence, will become a key area," and "I believe that blockchain and AI will combine to shape the digital economy of the future. We must lead the industry with a long-term vision and patience."

He also expressed the opinion that the full upward cycle has not yet arrived. He said, "Institutional acceptance is accelerating after the approval of Exchange-Traded Funds (ETF). Since the adoption rate of the Bitcoin network is still low, I see ample room for long-term growth," and "More sophisticated and transparent forms of capital will flow into the market."