Apple CEO Tim Cook confirmed that he personally owns cryptocurrencies and has held these assets for about three years. He sees this investment as a means to diversify his personal portfolio. However, Cook clarified that this is a personal decision and does not reflect Apple's position. The company currently has no plans to invest in or accept cryptocurrencies. After Microsoft, one of the top three technology giants in the world by market value, considered investing in Bitcoin, Tim Cook, CEO of another technology giant Apple, confirmed that he personally holds Bitcoin, sparking heated discussions in the community. The market began to speculate whether Apple would invest part of its huge cash reserves (about 200 billion US dollars) in Bitcoin?
You don't need to talk so much, nor do you need to publish so many books. Truth is refined; saying too much is all nonsense. The wisdom of those before us doesn't need to be repeated; everyone understands. Making others listen to your nonsense and read your poor books is a waste of their time. Lu Xun said long ago, it's no different from seeking wealth while harming others. Satoshi Nakamoto's Bitcoin paper is just ten pages long. Newton, Einstein... their words are also very few; it might just be a silent, minimalist mathematical formula.
Recently, a proposal titled 'The 2025 Bitcoin Strategic Reserve Act' has been widely discussed. This proposal establishes a 'Bitcoin Purchase Program.' It aims to purchase no more than 200,000 bitcoins each year for five years, totaling 1,000,000 bitcoins. Currently, the US debt limit has reached $35 trillion, and according to Goldman Sachs' predictions, the price of Bitcoin could soar to $1 million by 2030. By that time, only 3.5 million bitcoins would be enough to repay up to $35 trillion in debt. You see, Trump is really a master at debt reduction. In fact, it is mainly because Trump adheres to the spirit of contracts; otherwise, there are more drastic methods for debt reduction, such as tearing up the books, abolishing the old dollar, issuing a new dollar, directly defaulting, and re-establishing the rules, which leaves the common people with no way out.
It is said that his name is Jonathan, born in 1832, currently 192 years old. If we could reach that age, what would the price of Bitcoin be? Crypto friend: Zero 😁
On November 25, at the 2024 Data Asset Management Summit, Zuo'an Xinhui (Shanghai) Data Technology Co., Ltd. released the first RWA (Real World Assets on Chain) project in the agricultural field - the "Malu Grape RWA" project, and completed 10 million yuan in equity financing. It is understood that "Malu Grape" is one of the most representative agricultural product brands in Shanghai, with a development history of more than 40 years. Zuo'an Xinhui said that the project financing will be used for the construction and transformation and upgrading of new infrastructure in the field of smart agriculture, cultivating and strengthening agricultural business entities, and enhancing the brand influence of agricultural products.
Shanghai, November 25th, Chen Ji conducted research on the blockchain industry cluster, stating: The integrated application of blockchain technology plays an important role in new technological innovations and industrial transformations. It is necessary to enhance strategic agility, closely track technological iterations and industry development trends, continuously deepen understanding and accurately grasp the underlying logic and regulatory paths of industrial development, build a closer innovation community and industrial development community, and create a 'nuclear explosion point' for industrial development. In response to the need for digital, intelligent, and green transformation, we should develop productivity characterized by high technology, high efficiency, and high quality, with blockchain technology as an important support. It is hoped that central enterprises will leverage their professional advantages, better play the role of chain leaders, fully drive upstream and downstream enterprises of the industrial chain and supply chain, promote more enterprises to go on-chain and use chains, achieve digital transformation, and better participate in building a green low-carbon supply chain system. The application of blockchain technology has extended to many fields such as industrial development, social governance, and people's livelihood security. We should combine enterprise advantages and expertise, continuously deepen our efforts in niche tracks, make significant contributions to the 'Blockchain +' initiative, continuously deepen the application of blockchain technology in fields such as healthcare, promote cost reduction and efficiency enhancement, process optimization, and quality improvement, and assist medical institutions in providing more intelligent, more convenient, and higher quality public services to the people.
Plain Talk: In the current era where the intelligence of the masses has generally improved, all commercial systems, financial systems, economic systems, and even political systems are facing a profound public inquiry: Are you locked up or not? Are the rules public or not? Are they opaque or transparent? Are the rules fixed or subject to change at any time? Are they centralized or decentralized? Are they centralized or distributed? Are they authoritarian or democratic? Is entry free or is it difficult to leave once you go in? This is a huge conflict and challenge; if everyone stops playing, even the gods can't help.
Blockchain in simple terms, its explanation, regardless of any expert's interpretation, is primarily a ledger technology that is distributed and decentralized, initially used for accounting. It is a revolutionary ledger technology that is public, transparent, and protects privacy. How important is a ledger? It is the core order and law of operation for all modern companies and national finances. This set of laws is now a double-entry bookkeeping system, but the operation of this global ledger law is currently such that some do not dare to disclose the original accounts; there can be multiple sets of accounts, loopholes, false accounts, and many at least two sets of accounts—one internal and one external—with auditing being extremely complicated. Those involved in finance and accounting are certainly familiar with this, right? Including Deloitte, they would also not be unfamiliar with this, and even the internal workings of national financial accounting would not be unfamiliar. There are false statistics, false data, false accounts, multiple sets of accounts, and even the ability to forge vouchers, leading to economic ailments that cause headaches for society as a whole. Blockchain technology is set to change the underlying operational rules of this ledger. Bitcoin—the first global digital ledger, a trillion-dollar decentralized economic system, has been running for over a decade without a hitch, earning widespread trust globally.
Thirteen years ago, on a cold winter day, a loser was indignant: I am desperately making money to buy Bitcoin, and in the end, I will let Buffett buy my Bitcoin at a high price and cut his leeks. I said: Yes! 😁. Yesterday I saw him and asked: Where is your Bitcoin? He said: I sold it all when it was 3,000 dollars.
Coin News: On December 10, if Microsoft adopts the Bitcoin purchase strategy, the price of the currency may rise again. In October this year, Microsoft disclosed one of the voting issues in December: whether to evaluate Bitcoin investment. This proposal was promoted by the National Center for Public Policy Research (NCPPR). The proposal focused on MicroStrategy's Bitcoin investment strategy and pointed out that its stock price has outperformed Microsoft by more than 300% this year. Microsoft's board of directors currently has 12 members, including CEO Nadella, who is also the chairman of the board, and senior executives from companies such as Walt Disney Company, Citigroup, Wells Fargo and GlaxoSmithKline. MicroStrategy's Michael Saylor said he would have three minutes to explain to the Microsoft board of directors why the company should buy Bitcoin - to make its stock more stable and less risky. "I don't think it's a bad idea to put this proposal on every company's agenda. Berkshire Hathaway, Apple, Google, and Meta should all have it on their agendas because they all have a lot of cash that is consuming shareholder value," Saylor said, adding that 98.5% of Microsoft's enterprise value (total value of the company) relies on quarterly earnings, while only 1.5% comes from tangible assets. "If half of Microsoft's enterprise value was based on tangible assets or property like Bitcoin, its stock would be more stable and less risky. So I think there's a good case for that. I think shareholders should push for this proposal." The shareholder proposal will be voted on on December 10. Although the proposal was opposed by Microsoft's board of directors, its inclusion on the December vote is indicative of the growing discussion around Bitcoin's role in corporate finances. Whether Microsoft embraces Bitcoin or remains on the sidelines could have broader implications for the institutional adoption of digital assets.
Loser: Master, I graduated from Tsinghua, but I'm feeling very lost right now. Please show me a way out. A Dou: Web3 digital economy Loser: How do I do it? A Dou: Issue tokens, in the future, many companies will issue tokens, everyone will issue tokens, but for now, it's best to combine with the real economy, it's a bit difficult to just issue tokens. Loser: I can't issue them, and I'm afraid to. A Dou: Buy tokens, hold tokens, BTC, ETH, DOGE… Loser: I have no money, I'm poor. A Dou: Sell your house, that's how CZ Zhao Changpeng did it back in the day, and he became the richest Chinese person. Loser: I have no house, I sleep under a bridge. A Dou: Take out a loan, people who made money by holding houses used to do this, no one starts off with money. Loser: My credit is bad. A Dou: Then just start delivering food first. 😁
The following characteristics of blockchain technology make it useful for both democratic and authoritarian countries, planned and market economies, regardless of ideology. It is a distributed ledger technology that can record and store data, ensuring data integrity and immutability. Characteristics of blockchain technology: First, decentralization, which means that there is no central node controlling the entire network; all nodes in the decentralized network are equal. Second, immutability: once data is written to the blockchain, it cannot be altered or deleted. Third, traceability: all operations leave a trace throughout the process, which can be audited and reviewed. Fourth, smart contracts: automatic execution of predefined rules. In the context of data sharing and interconnectivity, these characteristics of blockchain provide a technological foundation for establishing mutual trust among multiple parties, enabling the construction of a transparent data directory system, recording the entire process of data usage, and achieving automated governance of data sharing. The world's first data recorded and stored using this technology is Bitcoin, the first application scenario of blockchain technology, which naturally belongs to the financial and asset fields, followed by social governance. In social governance, the protection of privacy in democratic voting, elections, and decision-making, as well as the achievement of consensus, are also natural scenarios.
Coin people: Sun Yuchen spent a huge amount of money to buy a banana, which is unreasonable for ordinary people. This is a kind of resistance of smart, enlightened, blockchain digital native new humans to the capital real economy for 400 years. They are all stones, why are diamonds so expensive? They are all reinforced concrete, why are Shanghai houses so expensive? And those calligraphy and paintings, antiques... you also printed so many banknotes? Why can't Bitcoin reach 100,000 US dollars? Dogecoin, dog shit coin... Why can't it have a market value of 10 billion? You think it is air, can't be eaten or drunk, and has no value support. Well, now, a banana, a real banana, is 6.2 million US dollars. Since the beginning of the Internet, the digital economy has been resisting the real economy that has long been divided up by global monopoly capital and has been solidified by class. They fled the traditional economic continent, drove the "Mayflower" of digital technology, signed a new digital contract by themselves, and were more open, more transparent, and more trusting. They worked together to open up a new continent for digital humans. Good buy, Buffett fainted 😁
Recently, Vitalik was interviewed by Tencent's "Perspective" and said that he was worried that if particularly smart people did not do encryption, and those who stayed in the encryption field lacked interesting ideas, the only application would be the financial application that had been done for many years. It would become a situation - issue a coin, make an exchange; issue another coin, make an exchange; issue another coin, this coin has cute dogs on it - these things are fun, but if they are the only ones in our industry, then this industry has failed. The challenge facing the industry is to make an application that is meaningful and that many people like to participate in. Regarding the question of why the Ethereum ecosystem and the Web3 ecosystem still have no practical application products, Vitalik said that before this year, the transaction fees were too high, some important technologies were not mature, and account security and privacy issues were not resolved. Therefore, before this year, our industry did not have enough technology to make applications that ordinary people can participate in. One of the reasons why the only successful application is DeFi is that DeFi can make more money. This year, we finally started to solve these problems. This year is the best time to make meaningful applications.
The meaning of great power rise has changed, and it is widely accepted as such.
Former British Prime Minister Margaret Thatcher once said to former US President George H.W. Bush that only the United States could bear the heavy responsibility of leading the world; Britain could not, not only due to insufficient national strength but also a lack of such height, because Britain is a product of history, while the United States is built on a philosophical foundation. The meaning of great power rise has changed. Britain's rise relied on pirates to defeat Spain's invincible fleet. The 'Glory and Dream' of the Third Reich was to sweep across Europe, clearing out 'inferior races' to create 'living space' for the superior German people. After occupying Northeast China, Japan dispatched a large number of development groups, claiming that such fertile land was not fit for the Chinese to possess, and it rightfully belonged to the Yamato nation as their homeland. Genghis Khan and the Mongol cavalry relied on the fear of city slaughter to conquer, which in modern times can only be compared to nuclear weapons.
A mountain man's life savings. Really a life savings. Don't ask how to live in the future. From ancient times to the present, mountain people have never starved to death.
In 2024, Quanjude Peking Duck closed down, the owners of three branches nearly went bankrupt, five Peking Duck stores in Shanghai, Beijing, and Hangzhou shut down, hundreds of waiters lost their jobs, Quanjude lost all five years of profits in one year! Under the poverty doctrine, there is no hope! Don't ask for whom the bell tolls, everyone knows!
Faith recharge, the difficulty of BTC increasing from 1 million USD to 10 million USD is far less than that of BTC increasing from 100,000 USD to 1 million USD, and even less than from 10,000 USD to 100,000 USD. Never say it's too late to buy coins, the last Bitcoin will be mined in 2140, it can keep rising until it sends you and me away. In the end, global economic statistics, GDP, this P and that P, will be measured in Bitcoin, the dollar will be eliminated, and no one will use the dollar anymore 😁
At the beginning of the year, the German government had 50,000 bitcoins in hand, and by June to July, they sold all of them off-market at an average price of $53,000 each. As a result, bitcoin suddenly surged, and the German Chancellor told me they now regret it and want to buy them back at $100,000 each. I said: Sure, that's how trading coins works; we poor folks do it this way. We've played from $1 all the way up 😁 German Chancellor: I'll discuss it with the parliament right away. I said: Do it quickly, the Americans are saying they want to act soon 😁
Does anyone still remember this person? A huge con artist in the Jianghu, astonishing connections, several high-ranking officials, celebrities, and stars, truly amazing and unbelievable, ended in February 2017. What high officials, what celebrities, what stars, many of them feel very empty and confused inside, their intelligence is not high, lacking common sense, philosophy, and logic, thus being deceived by anti-intellectualism. Only the gambling king of Macau, Mr. He, saw through it and said: Don't get involved in this evil! 😁