Crypto hedge fund veteran Su Zhu thinks widespread adoption of cryptocurrencies is inevitable as macro events accelerate use-case scenarios for blockchain technologies. In a new episode of the Uncommon Core podcast, the CEO and CIO of cryptocurrency hedge fund Three Arrows Capital says that one consequence of the US-led sanctions against Russia for invading Ukraine might be that some nations don’t go along with the prevailing trends.
" I think what’s likely to happen is a short-term victory for the West where Ukraine will get the better end of a deal with Russia, but then in the longer term, you will see countries really aggressively move away from overdependence on the existing financial systems. The macro stuff is to understand the way the other traditional financial people view it… Basically to get in the mindset of a tourist in this market, how they think about whether or not they should own Bitcoin, or if they own Ethereum.”
The Three Arrows Capital CEO concludes by saying that the Russia-Ukraine conflict has served as a defining moment in establishing cryptocurrencies as a disruptive force.
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