Wu Blockchain (@WuBlockchain): Yang Haipo: Cryptocurrency is Heading Towards an Inevitable Endgame

Yang Haipo: Cryptocurrency is Heading Towards an Inevitable Endgame Yang Haipo, founder of CoinEX and ViaBTC, published an article expressing despair about the industry, stating that: Bitcoin's dramatic collapse from its current trillion-dollar market capitalization is inevitable; the structure of the crypto industry is highly similar to the casino industry, failing to generate real profits; ETFs and DAT are the last injections of capital into the crypto industry; the list of buyers is exhausted; the system is still losing tens of billions of dollars annually, and the channels for capital injection are closing.