The Chinese cryptocurrency community has a trait: it is particularly easy to forgive "big cuts"
For example, Xue Manzi, Bao Erye, Sun Yuchen, Li Xiaolai, etc.

But Li Xiaolai is the first person who cuts you and then comes to call you an idiot.
“The consensus of idiots is also a consensus”



1

Recording exposure incident
On July 4, 2018, an internal recording of Li Xiaolai was exposed. Li Xiaolai scolded retail investors as idiots and exposed his own "pretentious" deeds and methods of cutting leeks.
If you are just here to make money, I suggest you listen to this recording to wake up.



2

Li Xiaolai before entering the cryptocurrency world

In 1989, Li Xiaolai won the Northeast Three Provinces Computer Competition. The top three were recommended to Tsinghua University, but he was replaced. He repeated a year and went to Changchun University
In 1994, I went back to my hometown to attract investment and earned 20,000 yuan in commissions during the winter vacation.
In 1997, he made 1 million yuan from clothing wholesale, but later lost money by opening an Internet cafe.
In 2001, I followed Luo Yonghao's advice and became a teacher at New Oriental
They have known each other since childhood, and both are good at fooling people, but it is obvious that Luo Yonghao is more pure.



3

How many bitcoins does Li Xiaolai have?

In 2013, Li Xiaolai was interviewed by CCTV and claimed that he bought 2,100 coins in 2011 at an average price of 6U. Later, he increased his holdings to 100,000 coins.
At the end of the year, The Wall Street Journal published a report mentioning that Li Xiaolai was the person with the most Bitcoin in China, and Li Xiaolai suddenly became the godfather of Bitcoin.
In the popular “Three O’clock” community, when some experts asked if he had so many BTC, Li Xiaolai replied: “Once upon a time”
How many bitcoins does he have? It all depends on his mouth.



4

How many leeks did Li Xiaolai cut?

There is a map of Li Xiaolai cutting leeks on the Internet. It is too long ago and the time is not very clear, but it is enough to illustrate the status of "big cut"

In 2013, Li Xiaolai raised 20 million yuan to establish the Bitfund fund, with a share of 100,000 yuan. Four years later, when the bull market came, Li Xiaolai unilaterally announced a one-year extension of repayment.
Li Xiaolai would not let go of the famous EOS, and launched more than ten projects to raise EOS.
ICO projects I personally participated in include GX, Qtum, Bodhi, EOS, ico.info, big.one, press.one, Oraclechain, etc.
As for the platform, there is no need to say





5

Li Xiaolai's book is worth reading.

Eloquent + packaging + thick skin + strong writing ability make Li Xiaolai the first person in the cryptocurrency circle to learn thick black
Li Xiaolai's book, in the early stage, wrote a lot of correct truths "The Road to Financial Freedom", and in the later stage, he completely let go of his shamelessness and started to scold retail investors "Self-cultivation of Leeks". However, when people scold others, they often speak the truth.



6

Strong winds and waves, but still able to escape unscathed

At the end of September 2018, Li Xiaolai suddenly posted on Weibo that he was quitting the entertainment industry.
Now the founder of Qingfeidiyi, he is still active in the business field, and his IP address is still in China. Eyeing the title of Bitcoin's richest man, he has appeared on stage, engaged in ICO, launched countless projects, and can withdraw from it unscathed, living a carefree life in the mainland. We have to admit that Li Xiaolai is quite capable, but from the exposed photos, he looks much older with gray hair. Perhaps, under the beautiful and glamorous appearance, the richest man has also experienced unknown pressure.