Meng Yan: The lack of Token payment and lending capabilities magnifies the importance of exchanges

Babbitt reported that Meng Yan, vice president of CSDN, said at the FT public chain and ecological conference today that although Bitcoin has gradually been regarded as a kind of value storage, the trial as a currency has failed. It is the lack of Token's payment function and the lack of lending capabilities that have allowed the industry to magnify the importance of exchanges. In fact, the public chain is definitely larger than the exchange, but the exchange is also the core module of the ecology, and there is still much room for development in the future of derivatives trading.