Jerry Chan: If Bitcoin is not an effective medium of exchange, it cannot be a store of value [Video]

SBI Bits’ Jerry Chan explains how Bitcoin’s role as a medium of exchange is critical to it’s acceptance as a store of value.

Jerry Chan, chief of digital asset solutions at Tokyo-based fintech company SBI Bits, spoke at last month’s CoinGeek Conference at the Four Seasons Hotel in Hong Kong.

Chan explains the world’s transition from Fintech 1.0—the age of e-commerce and the Internet, to Fintech 2.0—the age of blockchain and bCommerce (blockchain commerce). SBI Bits has invested heavily in other tech companies throughout the years, and has played a significant role in ushering in the age of e-commerce in Japan. And Chan says SBI Bits CEO and founder Yoshitaka Kitao wants the company to continue to propel the new age of commerce, Fintech 2.0 and bCommerce.

Chan goes …