Binance’s Yi He: “Every Tech Revolution Starts With a Bubble — But Real Value Always Emerges”

At the Web3 Carnival in Hong Kong, Binance Co-Founder Yi He shared her insights on blockchain adoption, stating that each technological revolution begins with an investment bubble, but long-term value is always built in the aftermath.“Whether it’s the Industrial Revolution or the rise of the Internet, every wave of innovation starts with a speculative frenzy. But that doesn’t mean there aren’t valuable products created in the process,” Yi He remarked during her keynote.She explained that the natural resistance to new technologies stems from human psychology. “People reject change because human nature prefers safety and stability,” she said.Yi He reflected on the early days of blockchain, which she noted was driven by geeks and misunderstood by traditional sectors. A common misconception, she added, is that blockchain equals anarchism, when in reality, it holds the potential to create more efficient systems.“We need to find the sweet spot between innovation and tradition — that’s the only way to serve everyone, from individuals to institutions,” Yi He stressed.She acknowledged that public perception often lags behind innovation, especially when mainstream narratives highlight the negatives. But over time, she believes the true impact of blockchain will be clear, especially as it transforms financial infrastructure and individual empowerment.Her comments underscore Binance’s vision of building real-world utility in Web3, bridging the gap between emerging technologies and mass adoption.