Floating Button
Home Views Cryptocurrency

Why Singapore is leading the crypto revolution

Nirgunan Tiruchelvam
Nirgunan Tiruchelvam  • 4 min read
Why Singapore is leading the crypto revolution
In the 1970s, quartz watches were met with the same scepticism that crypto faces today / Photo by Janos Venczak via Unsplash
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.
Add as a preferred source on Google

There is a vintage watch shop in the Arcade building on Raffles Place. It has been around since the 1950s. The shop sells some of the original quartz watches. These watches were revolutionary in the 1970s.

Quartz watches were much more accurate than the mechanical watches. You could time sprints using wristwatches. Doctors could time experiments with precision. 

The new product was cheaper and more efficient. By the mid-1970s, it was priced at US$3 instead of US$50.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.