Yesterday morning, I chatted with a blogger who came to Kuala Lumpur for an overseas trip, and helped him sort out his business model again. The most important thing was that Juzuo paid him proactively to meet with him.
It’s not that I’m eager to invest money, but this guy’s recent traffic data is very good, but his business model is lacking.
And I've experienced everything he's doing.

So I am willing to pay him and help him with optimization.

Maybe it’s because people who have been caught in the rain always want to hold an umbrella for others.
In the afternoon, we chartered a car to Malacca and returned at night.

This is Ju Zuo’s first travelogue to Southeast Asia.
The content of the travel notes has little to do with tourism. Instead, it is a summary of what I have seen and learned, combined with the industry, to form in-depth thoughts. This is also a new attempt for me.
Arrived in Kuala Lumpur last night and chatted with the driver on the way.

His ancestral home is in Guangdong, and he is the fourth generation of immigrants to Malaysia. At that time, China was in chaos, and this place was still a British colony.
When talking about the situation here, he mentioned that the number of Chinese coming here has increased significantly in recent years. Ju Zuo thinks it may be due to the masks and the economic downturn, which has led more people to go overseas to seek opportunities.

A very magical case occurred today, which is very interesting.
To put it simply, in 2022, a college student launched a local dog. When he saw someone recharged 50,000 U, he directly withdrew from the pool. The whole process took only 24 seconds.
The person who distributed the local dog felt that he had been defrauded, so he filed a case in Nanyang. Subsequently, the college student who distributed the local dog was also arrested. He was sentenced to four and a half years in prison and fined 30,000 yuan in the first instance.
Seeing this, I guess those dog farmers who are still in China will not be able to sleep well tonight.

This case is particularly interesting, and there are several details worth talking about.

I had a sudden trip to Shanghai today, so I updated the article in the morning.
Let’s talk about a topic that I have always wanted to talk about: faith and enlightenment.
Our industry is so strange that it doesn't even have a name:
Digital currency, virtual currency, blockchain, web3, cryptocurrency...
Sometimes I don’t even know which channel I’m on.
But fortunately, we have a common identity - people in the cryptocurrency circle.
In the past, I looked at this industry and compared it with the financial industry. But when I looked at it again this year, I felt that it was more than that. On the basis of financial attributes, it also had the elements of humanity and social experiments.

After the United States approved the Bitcoin ETF, it first ushered in a bull market, and then the Ethereum ETF was passed. After Trump raised the banner of encryption, a cryptocurrency wave swept across the United States.

Even Robert Kennedy Jr. said that he has bought 21 bitcoins since he started running for president.

Considering that both Trump and Biden are also paying attention to this direction as mentioned in yesterday’s article, I can’t figure out whether this is a campaign for the US presidency or a campaign for the throne of cryptocurrency.

So in this era, what will the market look like and what opportunities will emerge?

In yesterday’s article, Ju Zuo explained how Comrade Trump Jianguo had set off a revolutionary wave in the U.S. and used socialist means to inflict continuous blows on the decadent capitalist system.
You can click on the avatar to read the original text: Trump, this time he chooses to stand with the people in the cryptocurrency circle!

Continuing from the last time, what we are going to talk about today is how Biden was shocked, scared, and panicked after Comrade Trump raised the banner of the encryption revolution.

There are two very interesting details:

1. The Biden team began to contact people related to encryption to win the support of this part of voters.

A few days ago, former US President Trump publicly expressed his support for Bitcoin and cryptocurrency in his campaign speech, which attracted a lot of attention. In this half-minute video, we saw Mr. Trump - but Juzuo prefers to call him Comrade Chuan Jianguo's proposition:
1. Ensure that the future of Bitcoin and cryptocurrency happens in the United States rather than overseas.
2. Support the development of self-hosted wallets.
3. Keep Warren and his henchmen away from your Bitcoin.

4. The United States will not be allowed to establish a central bank digital currency.


After reading this, many people understood that Comrade Chuan Jianguo was supporting the development of cryptocurrency, but they were still confused about what was going on.

The previous article about OKX’s withdrawal of its application for a Hong Kong license received very good feedback and also caused a certain degree of dissemination and discussion.
Today, Juzuo will discuss this matter in more depth.
1. Mainstream exchange or compliant exchange?
Before we talk about this, we need to clarify two points.

First, we have to admit that the Chinese have really achieved world-class achievements in cryptocurrency exchanges. The talent of the Chinese in running exchanges is simply overflowing the screen.
This is an achievement that is undeniable but rarely mentioned.

This afternoon, a chat record circulated in many communities.
The general content is that a WeChat user named Wen Ze claimed that he found 4,000 BTC in his father's computer.
According to current value estimates, it is nearly 300 million US dollars, or about 2.2 billion RMB.

The chat history is so short, but it is full of room for imagination.
Everyone just hates themselves for not having a father who could buy Bitcoin in 2015.

But after a brief intracranial orgasm, careful people discovered some tricks:

No, buddy, didn't you say your dad's Sony computer? Why is there an apple in the upper left corner? Is it a Mac system?

1. Ethereum’s ETF has basically been approved, and it is only a matter of time before it is listed. The revolution has been successful again.
Who asked for someone's name to be called E(以)T(太)F(坊)?

Ethereum’s performance this year has been relatively disappointing. I have seen many groups complaining about the performance of Ethereum.

Now it seems that is it Erbing who is not good enough or you who are not good enough?
When the second cake was not strong, it was giving you the opportunity to get on board. Now that it is strong, how much position do you have?
In fact, there were already signs that Ethereum’s ETF would be passed.

In January this year, the United States passed the Bitcoin ETF, which became a signal:

Today we are going to talk about a topic, which is the safety of practitioners.

In the past few years, Ju Zuo has come into contact with practitioners in various ecological niches.
From small community developers to large exchanges, there are all kinds of roles, including some monsters and demons.
But as long as you are a practitioner, there is one issue that you absolutely cannot avoid, and that is the issue of safety.

The safety here does not refer to personal safety, but specifically refers to the compliance risks brought about by violations of regulations and laws.

Under the current policies in mainland China, no one can ignore this extremely critical point. This is also the first priority that many practitioners and entrepreneurs must consider - if you are in China, you must do things within the compliance framework.

1. Universal investment research?

I don’t know why, but the word “investment research” has been appearing in my ears and in front of my eyes recently.
When I was browsing my Moments, I saw many people talking about investment research.
When I chat with people offline, I often mention investment research.
Especially for those who work in communities, it seems that all communities without investment research are garbage communities.
It seems that investment research has become a magic weapon and a universal antidote.
It also seems that as long as you do investment research, wealth will come rolling in.
Just this morning, I saw Ju Zuo in a new group talking about a project and launching an airdrop - it happened to be a project that came out during my retirement, so I asked about it out of curiosity.

Today I will tell you a very exciting real case.

If we talk purely from the perspective of economic returns, it can definitely be included in the best investment cases in the world in the past decade, but the final result is not so good.
1. A disabled woman's plan ten years ago
The protagonist of this story is a disabled, ugly, short and fat middle-aged woman.
He can only travel by wheelchair and spends most of his life in bed.
What kind of life do you think she can live?
The fact is, she not only achieved financial freedom, she almost became the queen of a country.

Basic Information:
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Today we will talk about the current status of cryptocurrency compliance in Hong Kong.

Although Hong Kong is still thriving, Ju Zuo feels that it is the end of the road.
1. Hong Kong’s crypto policy is difficult to implement
In Juzuo's view, Hong Kong's layout in the crypto market is more like getting up early and arriving late.

In fact, as early as the end of 2022, the Hong Kong government had already considered the future direction of supervision. At this stage, the United States is still struggling with whether cryptocurrencies are securities - because their new SEC chairman has just taken office and is waving his levers around.

I was shocked by a explosive piece of news this afternoon, and even Juzuo, who had been playing badly, couldn't sit still.

This article has now been deleted by NetEase News, and the content of the article roughly said that China will lift regulatory restrictions on cryptocurrencies such as Bitcoin within the next three months.

Juzuo saved the content in time, which is roughly as follows:

Such blockbuster news did not come from traditional gossip, but from a cryptocurrency community.
Although Ju Zuo mentioned in previous articles that the approval of Hong Kong's ETF was approved by Beijing, it does mean that the country's policy on cryptocurrencies is changing.

The Ministry of Justice is still not satisfied, and CZ may be sentenced to three years in prison in the United States.
To be honest, Americans are not kind. As the saying goes, taking money from people is like helping them get rid of their misfortunes.
People have already paid over 4 billion U.S. dollars, and they still have to pay additional prison sentences. This is completely trying to find a balance for SBF.
Moreover, it had been agreed upon when paying the fine that he would only accept a prison sentence of no more than 18 months.
Now that he's beautiful, it would be fine if they didn't reduce his sentence, but instead they doubled his prison time. The white pigs are really good at going back on their words.
But before this, CZ had already prepared a backup plan - he would step down and let Richard become CEO.