Unchained

How Asia's Trading Culture Results in a Vastly Different Crypto Scene - Ep.126

Jul 2, 2019
Luis Buenaventura, founder of Bloom Solutions, and Leo Weese, president of the Bitcoin Association of Hong Kong, dive into the intriguing differences in Asia's crypto scene compared to the West. They discuss how regulatory climates shape trading behaviors, including daring cash flights by Korean traders. The duo also explores Binance's influence in the region, highlights emerging projects, and reveals Asia's unique take on popular cryptocurrencies like Tron. Plus, they share insights on the impact of Hong Kong's protests on Bitcoin interest.
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INSIGHT

East vs. West Crypto

  • Western crypto users focus on privacy and liberty.
  • Asian users prioritize cost savings and whether crypto is "better" than existing systems.
INSIGHT

Crypto Fills Investment Gap

  • East Asia's recreational stock trading culture makes crypto more accessible.
  • Crypto offers diverse products and investment opportunities, especially in China with limited options.
ANECDOTE

B2B vs. Retail

  • Luis Buenaventura focuses on B2B crypto solutions, emphasizing cost savings for businesses.
  • Leo Weese discusses retail crypto trading in East Asia, where accessibility and investment opportunities are key.
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