Chief Investment Officer Mailstrom and the co-founder of Bitmex, Arthur Hayes.

Hello.

Hi.

Nice to see you, IRL.

Yeah.

Yeah.

All right.

We got to talk about this excitement.

You just brought a lot of energy to the desk. We're here at Korea Blockchain Week. I mean, talk to us about what you hope the audience who's watching this learns about Asia and crypto.

I mean, this is the most active crypto trading market in the world by any country, even for capital, right? It's crazy. So it has been that way for a very long time, which is why I've been coming to Korea for crypto since 2014. So I love this place. I love Seoul. I live in the region. I've been here many, many times. We've talked a little bit about it, but I would love to hear it from your perspective. You've been coming to Korea since 2014. Talk to us about the trading culture here,

the retail trading culture here. What is it that makes it such a dynamic market for crypto trading?

So, number one thing is a very highly educated market. Number two, which is actually not the best

statistic, is that they're overeducated.

In terms of there's not as much opportunity for all these very intelligent people, it's extremely

expensive to live in Seoul and be successful. And all of the best jobs are controlled by, you know,

four, five, six, seven families who run these chables, the Samsung's

Hyundai's of the world, LG.

And so you have this population that wants to escape this, you know, depressing, crushing

rat race that is like Korean society and this megapolus.

And so crypto and the internet have been one of those things, whether it's been gaming.

And now it's stock trading, right?

So, you know, I used to come from Tradify.

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