ViaBTC CEO Haipo Yang: Ten Years On, RethinkViaBTC CEO Haipo Yang: Ten Years On, Rethinking the Value of Cryptoing the Value of Crypto
When I wrote the first line of ViaBTC’s mining pool code in 2016, crypto was still a niche community of miners, developers, and early enthusiasts. Bitcoin was a niche topic, stablecoins weren’t widely used, and the ideas we’d later talk about endlessly—DeFi, NFTs, RWAs—didn’t yet exist in any real form. Ten years later, the industry […]
➤ ViaBTC CEO Haipo Yang reflects on crypto's evolution over ten years, moving from a niche community to an industry integrated with ETFs, stablecoin payments, and on-chain trading. ➤ He highlights how crypto has rewritten traditional financial functions like market making and cross-border settlement through open protocols, while cautioning that failures are often mechanism-related, not cyclical. ➤ Looking ahead, Yang predicts value concentration in a few networks, DeFi remaining niche for professionals, and mainstream adoption involving trade-offs in censorship resistance and open access.
