Bitcoin, the flagship cryptocurrency has broken multiple highs today and has now reached the $86k milestone. The rally has garnered reactions from the global market and top figures in the industry. One of them is former Binance CEO, Changpeng Zhao. The previously imprisoned billionaire took to his X (formerly Twitter) account to comment on the development.
In his post, he simply wrote "Crossing the chasm, finally," indicating Bitcoin's resilience in the face of a strictly regulated industry. CZ's comment draws from a popular marketing book by Geoffrey A. Moore. The book touches on the challenges that high-technology products are facing with global adoption. According to the book, some of these products never achieve success due to their inability to "cross the chasm."
This post first appeared on 36crypto.com News.
