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 community, astonishing connections, high officials, celebrities, stars, amazing and unbelievable, ended in February 2017. What high officials, what celebrities, stars, inside they are actually very empty, very confused, and their knowledge is not high, so they were deceived and cheated😁
This is Nayib Bukele. He became the youngest president in Salvadoran history at the age of 37 and achieved what many thought was impossible. In just 4 years, he transformed one of the most dangerous countries in the world into one of the safest. Yes, he also unprecedentedly chose Bitcoin as legal tender.
Musk has a philosophical viewpoint that essentially states: do not deliberately pursue longevity, engaging in daily square dancing, and walking vigorously in Zhuhai Stadium, aiming for 120 years. Musk opposes the pursuit of longevity, as it hinders new forces and the growth of the next generation; death is natural, and extinction is inevitable. Dying young is even better, as it allows for new life to emerge. This is especially true for political, national, and religious leaders, who have a significant mission and should not resist the cycle of life and death, clinging to their positions, trying to live to 200 years old, obstructing the free growth of all things. It is unacceptable to claim that the world cannot do without oneself, to believe that one is the only one, to think one is the greatest, the wisest, to proclaim the eternal value of thought and the brilliance that shines for generations.
Musk's 'Bloodbath' at Twitter, 20-something Executioners Transforming Twitter, Strong People Don't Need Emotional Intelligence
'Bloodbath' of programmers James, Andrew, and Ross became Musk's 'three musketeers' in taking over Twitter, and they are key figures among more than 30 engineers from Tesla and SpaceX. In their twenties, they acted as 'executioners' to assess the coding abilities, work efficiency, and even work attitudes of over 2,000 Twitter engineers, and then decide the fate of these individuals. James, Andrew, and Davar can access the entire Twitter codebase from the past year using their laptops. 'Look it up and see who wrote more than 100 lines of code last month,' Musk tells them. 'I want you to find out who is actually writing code and doing the work through this search.' Musk's plan is to cut most of the engineers and only keep the truly exceptional ones. He said, 'We need to figure out who wrote important code in the team and among these people, who wrote it best.'
Explanation: In the cryptocurrency world, unwinding only means victory, and it does not mean that you will cash out or run away. You will be happy if you cash out Bitcoin, Ethereum, Dogecoin, etc. If you run away, you may be left in the valley. Cashing out today may be regretful tomorrow. Statement: This is not specific to this coin.
Human beings surpass animals, starting from group identity. Group identity begins with traditional genealogy, family trees, then comes countries and nations along with universal values. If we no longer recognize group identities, no longer distinguish between black, white, and yellow, and instead freely mate based on instinct, it may be a form of freedom and progress, but it is also a regression. It's fine to be friends with black people, but don't easily have children. However, true love is an exception 😁 True love can transcend races, and even transcend species. You can be friends, but don't mate casually; control your lower body.
About family planning. In the 1980s and 1990s, some Liangshan Yi people considered childbearing to be the greatest meaning of their lives, otherwise their lives would be meaningless, and getting rich and getting promoted were secondary. Due to major political conflicts, they gave up their homeland, avoided fines, brought food and seeds, climbed over Tuowu Mountain, crossed the Dadu River, crossed the Niba Mountain, and came to Yingjing County, Ya'an, Sichuan, to open up wasteland and cultivate the land. People followed one after another, and now two Yi townships have been formed, with administrative establishments, Minjian Township and Baofeng Township, now a tea township with a population of about 8,000. They have made outstanding contributions to population development and have lived a happy life. Their first principle concept is that the house is not important, and remembering the family tree is the most important thing. Usually, two families that can intermarry will make an appointment to move far away, putting people first and walking the earth.
The main contradiction in modern society is that the general improvement of the public's IQ due to the popularization of information networks, knowledge, culture and technology, and the increasingly declining IQ of social governance, which is closed, traditional, conservative and institutional, is very different from the social contradictions, class contradictions and situations a hundred years ago. Trump and Musk cater to this trend. So does Bitcoin.
More than a decade ago, some experts said that Bitcoin is a game of gamblers, and the more foolish you are, the more reckless you are. Now, of course, that is true, and the United States is also participating in the game of gamblers. It is estimated that in some countries, Bitcoin will become a digital item with regulations similar to gold, and personal ownership will be strictly controlled, but it is naturally anonymous and private.