Topic: [2018-01-11] Charles Xue “Diss” Bob Xu: I Was Not So Pumped On Blockchain Invest (Read 93 times)

“The blockchain revolution has already arrived. This trend goes forward with great vigor and strength. Riding the trend, you’ll prosper; off the trend, you are doomed. It’s a complete subversion of the tradition, much greater and violent than Internet and mobile Internet.” the opinion about blockchain from Bob Xu Xiaoping, founder of ZhenFund in a WeChat group went viral among bitcoiners and blockchainers.

It is interpreted that ZhenFund has been ready to be all in blockchain with all-out effort, which boosts great confidence for the blockchain practitioner. Responding to this, Charles Xue, famous entrepreneur and angel investor in China, better known by his screen name Xue Manzi, has a different viewpoint, thinking that “the VC circle is too pumped in the blockchain frenzy.”

As one of the first investors concerned with digital currency and blockchain with the background of traditional investment, Xue Manzi, at the age of 65, has invested 20 blockchain projects in 2017 alone, including promising Qtum, Bytom and Ink chain. Today, we (8BTC) have invited Xue Manzi to talk about his opinion on traditional VC community’s speeding into blockchain, and it’s also the first time that he gives us a systematical insight to his blockchain investment. The full text is as follows:

http://news.8btc.com/charles-xue-diss-bob-xu-i-was-not-so-pumped-on-blockchain-investment-as-him