OKX founder says BTC emerged stronger after repeated brushes with collapse

OKX founder and CEO Star Xu said in a podcast interview that Bitcoin and the crypto industry have repeatedly overcome crises, proving their structural resilience.

Xu cited Bitcoin’s early hard forks and hash-power attacks, the collapse of Mt. Gox, the block-size scaling dispute, and the FTX bankruptcy as representative moments when the industry came close to collapse. He said each cleanup took months or more than a year, but after every downturn and resolution, the ecosystem reemerged as a much larger, safer, and more sophisticated financial infrastructure.

Source: Coinness