Gracy Chen, managing director of global cryptocurrency exchange Bitget, is cautioning her followers and friends against scanning their eyeballs in exchange for a few Worldcoin tokens. Chen cites the significant privacy concerns associated with this technology and expresses skepticism about the price prospects of WLD tokens due to the anticipated influx in the near future.
Chen also shares that her role at Bitget has its perks but also brings requests from her American acquaintances who are looking for ways to open an account. However, she firmly states that the red line is not to be crossed, emphasizing that they no longer onboard U.S. customers.
Before joining Bitget, Chen had a successful career as an anchor and producer at Phoenix TV’s tech and finance channel in China. However, she made a major career shift when she co-founded a tax startup for freelancers in 2015. Within just three years, the startup reached unicorn status, making it one of her proudest achievements.
One of the highlights of Chen’s career at Bitget was recruiting football legend Lionel Messi as a partner. Chen explains that Messi’s reputation as a father, husband, and team leader, as well as the similarities between Bitget and Messi, played a significant role in their decision to bring him on board. Both Bitget and Messi faced challenges early on, with Bitget starting in a bear market and Messi dealing with growth hormone deficiency as a young athlete.
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Chen’s rise to Twitter fame coincided with her high-ranking position in the crypto industry. She explains that she became active on Twitter after joining Bitget and began building a following by simplifying breaking news and events in the crypto world for her followers.
Chen acknowledges the noisy nature of Twitter, where opinions constantly change and people strive for attention. She recommends that heavy users of crypto information take breaks from social media to conduct fundamental research and engage with trustworthy friends.
Looking ahead, Chen predicts that Bitcoin exchange-traded funds (ETFs) will eventually receive approval, possibly in early 2024, which could become a driving force for the next bull market. As for the ongoing legal battles involving Coinbase and Binance against the SEC, Chen believes Coinbase might be able to settle with fines, while Binance faces a trickier situation. However, she expresses confidence in Binance’s legal team to fight the legal challenges.
In conclusion, Gracy Chen’s expertise and insight in the crypto industry make her a valuable source of information and guidance for her followers. She shares her thoughts on various topics, from privacy concerns to regulatory issues, and provides predictions for the future of the crypto market. With her diverse background and experience, Chen offers a unique perspective that resonates with many in the industry.
