Not engaging in blockchain may seem problematic in the short term, but in the long run, it may not be a bad thing.

Here's a key point: it's all about your positioning. China is a manufacturing power with a strong background in science and engineering, and really doesn't understand finance. When you don't understand, it's very easy to be deceived.

When Wall Street could drive oil prices to negative values back then, can you believe it? How many people have lost their fortunes in China's P2P finance and pyramid schemes?

If real estate is also considered an alternative funding scheme, how many people are also trapped in real estate?

And then you say I should start another blockchain venture? You should know that blockchain is even more intense than those previous schemes, with a stronger betting nature.

Is it a good thing for everyone to speculate on cryptocurrencies?

As for worrying about falling behind, you probably don't know that blockchain is all open source, right? If I want, I can spend 2 days replicating a Uniswap.

Finally, there's Bitcoin. The situation with Bitcoin is still developing; no one knows the final outcome. I estimate that I can only do one more round before I need to pull out; the longer it goes on, the greater the chance of a net closure and rug pull.

About that.