PANews reported on October 16th that according to Bloomberg, Neha Narula, a digital currency expert at the Massachusetts Institute of Technology, said that there is no need to panic about the cryptocurrency sell-off last weekend, as it proves that the market is operating in an experimental manner as expected. She said that although the market has crashed significantly, the system is operating normally, and there is no need to bail out anyone or roll back the market. Although the downturn has caused losses to investors' accounts, its impact on different sectors of the cryptocurrency market is worth paying attention to, especially the significant differences in the performance of on-chain and centralized exchanges. Narula believes that the performance of the cryptocurrency market is a valuable learning opportunity. As an academic, she hopes that the market will pay more attention to user needs and practical application scenarios and reduce speculation. Of course, she also acknowledged that the market is "extremely experimental," which provides room for learning to deal with unexpected events. She said: "The cryptocurrency field is still like the Wild West, and we are still groping forward."PANews reported on October 16th that according to Bloomberg, Neha Narula, a digital currency expert at the Massachusetts Institute of Technology, said that there is no need to panic about the cryptocurrency sell-off last weekend, as it proves that the market is operating in an experimental manner as expected. She said that although the market has crashed significantly, the system is operating normally, and there is no need to bail out anyone or roll back the market. Although the downturn has caused losses to investors' accounts, its impact on different sectors of the cryptocurrency market is worth paying attention to, especially the significant differences in the performance of on-chain and centralized exchanges. Narula believes that the performance of the cryptocurrency market is a valuable learning opportunity. As an academic, she hopes that the market will pay more attention to user needs and practical application scenarios and reduce speculation. Of course, she also acknowledged that the market is "extremely experimental," which provides room for learning to deal with unexpected events. She said: "The cryptocurrency field is still like the Wild West, and we are still groping forward."
Opinion: The crypto ecosystem proved during the crash that the market is operating as intended in an experimental manner
PANews reported on October 16th that according to Bloomberg, Neha Narula, a digital currency expert at the Massachusetts Institute of Technology, said that there is no need to panic about the cryptocurrency sell-off last weekend, as it proves that the market is operating in an experimental manner as expected. She said that although the market has crashed significantly, the system is operating normally, and there is no need to bail out anyone or roll back the market. Although the downturn has caused losses to investors' accounts, its impact on different sectors of the cryptocurrency market is worth paying attention to, especially the significant differences in the performance of on-chain and centralized exchanges. Narula believes that the performance of the cryptocurrency market is a valuable learning opportunity. As an academic, she hopes that the market will pay more attention to user needs and practical application scenarios and reduce speculation. Of course, she also acknowledged that the market is "extremely experimental," which provides room for learning to deal with unexpected events. She said: "The cryptocurrency field is still like the Wild West, and we are still groping forward."
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