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CEO Ju Ki-young: "Political Finance Will Be the Killer App for Cryptocurrency"

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JH Kim
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  • CEO Ju Ki-young stated that political finance will become the killer app for cryptocurrency.
  • He mentioned that if political parties issue their own coins, the market can quantify public sentiment.
  • He added that the narrative of political finance gains strength when it resonates with the majority.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

Ju Ki-young, CEO of CryptoQuant, stated on the 6th (local time) via X (formerly Twitter) that "Political Finance (PoliFi) will be the killer app for cryptocurrency," adding that "a narrative gains power when it resonates with the majority, tackles extreme and provocative topics, and incites debate and division, all of which politics fulfills."

He continued, "Political parties should be able to issue their own coins to enhance the sense of belonging among members," adding, "In this case, the market can quantify public sentiment."

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