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What the West Misunderstands about Crypto in Asia | Allen Ng, Everest Venture Group

Empire

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Understanding Asia's Crypto Landscape

This chapter explores the misconceptions held by the West regarding the cryptocurrency environment in Asia, emphasizing the sophistication and depth of its user base. It contrasts the dynamics between Asian and U.S. markets, particularly in the wake of significant crypto failures, and highlights the importance of cultural context in investment and entrepreneurial strategies. The discussion also addresses the hierarchical nature of business in Asia, the role of mentorship, and the significance of personal credibility in fostering successful partnerships.

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