Bitcoin ETF optimist and Worldcoin skeptic Gracy Chen: Hall of Flame

1 year ago

Gracy Chen, managing manager of planetary cryptocurrency speech Bitget, advised her followers and friends not to scan their eyeballs successful speech for a fewer Worldcoin tokens.

“There’s a immense privateness concern,” she tells Magazine, adding that she isn’t optimistic astir its terms prospects fixed the anticipated influx of WLD tokens successful the adjacent future.

“There volition beryllium overmuch much released successful the upcoming twelvemonth oregon two,” she explains.

Chen admits that her gig with Bitget is beauteous cool, but it besides means her American pals perpetually bug her for favors.

“Since we stopped onboarding U.S. customers, I’ve had tons of friends who clasp a U.S. passport inquire if they tin get a small backmost mode to unfastened an account.”

“I garbage a batch of requests similar that. It is simply a reddish enactment that we conscionable don’t cross,” Chen says. 

Before she started steering strategy astatine Bitget, Chen worked arsenic an anchor and shaper astatine Phoenix TV’s tech and concern channel, a large subordinate successful China’s media scene. 

However, a billion-dollar thought came knocking and rapidly led Chen distant from journalism.

In 2015, she co-founded a taxation startup designed for freelancers, and it skyrocketed to unicorn presumption successful conscionable 3 years.

“It’s a fiscal tech company. So, what they bash is they supply services for freelancers. They service the freelancers and supply taxation and wage automation services,” she says.

However, 1 of her proudest achievements was having shot fable Lionel Messi articulation the Bitget squad arsenic a partner.

Chen says Messi faced stiff contention from galore candidates, but Bitget yet selected him owed to his paternal qualities and similarities with the exchange. 

“He had a bully estimation arsenic a father, hubby and squad leader, and besides we benignant of spot immoderate similarity betwixt Bitget and Messi,” she states.

Chen says that Bitget started successful a carnivore market, and similarly, Messi suffered from maturation hormone deficiency erstwhile helium was young and archetypal starting retired successful the sport.

“He’s not tall. He is astatine a disadvantage, truthful helium had a precise hard starting constituent arsenic well.”

What led to Twitter fame?

Chen explains that she discovered her emotion for Twitter, present X, lone aft snagging her high-ranking crypto position.

“My Twitter pursuing began successful crypto. I conjecture I wasn’t truly progressive connected Twitter erstwhile I was a writer due to the fact that I was chiefly covering the Asian marketplace and reporting successful Mandarin,” says.

Chen has a precise friendly-natured attack to X, explaining breaking events successful broken-down, easy-to-understand threads for her followers.

Curious astir the Ripple case?
Let's simplify:
• It's a civilian case
• It's NOT criminal

Here's the latest:

• SEC's entreaty needs approvals from courts.
• Permission to entreaty ≠ guilt proven.
• Judge Torres' ruling is existent and declares Ripple innocent.
• Successful…

— Gracy Chen @Bitget (@GracyBitget) August 21, 2023

However, she observes that her Twitter pursuing surges during the aforesaid periods Bitget’s concern enactment spikes.

“My followers grew during a definite play of time, from the extremity of past twelvemonth to earlier this year. That’s a play of clip erstwhile I spot a singularity constituent wherever you spot exponential growth, and that’s besides erstwhile we had maturation successful our company.”

“So, I would lend my occurrence oregon immoderate benignant of accomplishment oregon pursuing fig chiefly to Bitget’s growth,” she adds.

What benignant of Twitter contented tin you expect?

Chen’s Twitter relationship offers superior variety. You’ll get a glimpse into her jet-setting escapades, and who knows, you mightiness adjacent stumble upon immoderate chaotic question inspiration. 

But erstwhile the crypto satellite goes haywire — whether it’s lawsuits, exchanges going down oregon everything successful betwixt — Chen serves up honorable breakdowns successful bite-sized portions.

What benignant of contented bash you like?

Chen has mixed feelings astir Twitter, reasoning it tin sometimes go a raucous battleground.

“Twitter is fundamentally a precise noisy place. Everyone is changing their opinions and trying to beryllium attraction grabbers,” Chen declares.

You unfastened twitter and you see:
– SEC suing this and that
– rumors astir projects
– coins dropping successful price

Friendly reminder that Twitter isn't the existent world.

Crypto has made a ton of advancement successful 2023:

— Gracy Chen @Bitget (@GracyBitget) June 12, 2023

She reveals that she enjoys seeing updates from Altcoin Daily and Coin Bureau, but she advises hardcore Crypto Twitter addicts to teardrop their eyes distant from the surface each present and then.

“I would highly urge anyone who is simply a dense idiosyncratic of crypto accusation connected Twitter to walk astatine slightest 1 hr oregon 2 distant from societal media and bash cardinal probe and speech to a radical of trustworthy friends.”

Predictions

Chen firmly believes that Bitcoin exchange-traded funds are connected the way to approval, though 2023 mightiness not beryllium the twelvemonth it happens.

“Not this twelvemonth — we lone person 3 months near this year. Maybe aboriginal 2024,” she predicts.

She hints that it could beryllium a “very bully driving force” for the adjacent bull market. 

When it comes to Coinbase and Binance’s showdown against the SEC, Chen suggests Coinbase mightiness beryllium successful harmless waters — but Binance could beryllium successful for a rollercoaster.

“I personally deliberation that Coinbase is simply a beauteous well-regulated, U.S.-driven crypto exchange, truthful the lawsuits mightiness beryllium settled by immoderate fines. As for the SEC vs. Binance, it is overmuch trickier.”

However, she is assured that Binance’s ineligible warriors volition enactment up a bully fight:

“I deliberation they person a very, precise large and beardown ineligible squad to conflict this fight.”

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Ciaran Lyons

Ciaran Lyons is an Australian crypto journalist. He's besides a standup comedian and has been a vigor and TV presenter connected Triple J, SBS and The Project.

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