In our crypto industry, everyone is looking forward to the large-scale application of the industry
So when will the large-scale application of encryption come?
Churchill once said: "The longer you look back, the farther you can see into the future."

At the age of 22, A16Z believed that crypto was in the 95th year of the Internet. Based on the current scale of 500 million crypto users, it should be around 2001.

Da Piaoliang also went back to study the Internet 30 years ago and found that the development patterns of traditional Internet and our encryption have many similarities.
01 Early Internet and Encryption

When I woke up early in the morning, I saw that Trump had been assassinated again.

A 58-year-old die-hard Democrat drove thousands of miles to the bushes next to the golf course where Trump played golf privately, set up his gun and waited for Trump to come over. His timing was very precise. At the time, Trump was only more than 300 meters away from the muzzle of the gun. If he had swung two more clubs and walked for two minutes, he would have been under the muzzle of the gun and would have been dead for sure.

Fortunately, the Secret Service performed well this time. An agent found the gun and fired decisively. The murderer immediately fled home. After the Secret Service informed the local police, the police quickly found the murderer's whereabouts and arrested him alive. According to American political tradition, well, this murderer and everyone around him will soon die.

Let's do two calculations first:
Suppose you start working in 2012, earning 10,000 yuan a month, and you pay more than 1,600 yuan for five social insurances and one housing fund, and the company pays more than 3,000 yuan. We don't count the company's expenses, and use your own 1,600 yuan to invest monthly.
Your total expenditure is:
1600*12*12+1600*8=243,200.
If the fixed investment is Bitcoin, the income will be about 180 million;
If you invest in Nasdaq ETF, you will earn about 1 million.

Don’t think that investing in US stocks/Bitcoin is not serious. The US 401(K) personal pension is designed this way. And now that Bitcoin spot is listed on ETFs, it is completely possible to operate in this way.

If you are an investor, you would probably invest in a zk Layer2 project in the Ethereum ecosystem a few years ago.
Because zk (zero-knowledge proof) is known as the jewel of the encryption industry, and Layer2, as one of the few application scenarios of zk, is also regarded as an important encryption infrastructure.

Looking at the glorious financing record of that year, if you didn’t raise US$30 million in a single round, you would have no face in this circle.
This year, many zk projects have launched their tokens on the mainnet, and many ugly daughters-in-law have finally met their parents-in-law.
From the performance of Layer 2 of each Ethereum, we can get a rough idea of ​​how each project is doing.

This mysterious hacker group has a cool name: Lazarus

The Chinese translation is Lazarus, a character in the Bible. He was a good friend of Jesus. He died of illness and was resurrected by Jesus.

Don’t be fooled by the literary name, they have a stronger backing, with the support of the government of a sovereign country!

With strong background and strong professional skills, many major cases have been solved:


Let's take a closer look at a few cases involving large amounts of money:
NiceHash

According to Reuters, in 2017, NiceHash, the world's largest cryptocurrency mining computing power market at the time, had its Bitcoin wallet attacked and about 4,700 bitcoins were stolen, worth $64 million at the time, but now worth $280 million!

It has been 7 years since 1994
On September 4, 2017, the People's Bank of China and seven other ministries jointly issued the "Announcement on Preventing the Risks of Token Issuance and Financing", requiring a ban on virtual currency transactions.

At the same time, it is said that a number of crypto tycoons have also been placed under border control:

1. OKX founder Xu Mingxing
The current top crypto player CZ Zhao Changpeng and top crypto player He Yi both used to work at OKX.
After 1994, Xu Mingxing stayed in the country and supported the government's work.
Even on March 9, 2018, after the then governor of the central bank expressed his views on digital currency, Xu Mingxing stated that he was ready to donate the company to the country at any time.

Trump announced yesterday that if elected, he would build the United States into the world's crypto capital.

In fact, a few years ago, China was the capital of encryption.
However, under the successive policy hammers, only Hong Kong is still fighting to take back this "crypto capital". For example, the Supreme People's Court and the Supreme People's Procuratorate recently clearly listed "virtual asset" transactions as one of the methods of money laundering, which made many people nervous.

But don’t worry, everyone. Other ways of money laundering that are listed together with virtual asset transactions include investment, leasing and other traditional economic activities. As long as your funds are not obtained through criminal proceeds, they will not be affected. Therefore, the market conditions of the crypto market are almost stable.

Now if you go to Tonscan to check the contract address of TON, it is also in the "suspended" state.

As for the reason, it is said that there were too many Dogs transactions on the chain, which directly caused Dogs to crash. . .

To be honest, I also wondered if it had something to do with the sudden arrest of the founder of tg and the plunge in TON prices.
But so far, the price of TON has remained stable:

It can be said that the market has been trending sideways since the founder was arrested until now.
Ton officials also issued an announcement 6 hours after the outage. I don’t know if the operation just woke up:

The TON blockchain is currently experiencing a block production disruption.

Today is really explosive. Zuckerberg actually reported US President Biden by his real name!

I took a quick look and found that Zuckerberg's letter mainly contained two pieces of evidence:
First, before the 2020 election, the FBI asked Facebook to remove a story involving corruption in the Biden family, claiming it was false information released by Russia. But it was later discovered that the story was not false information, and the New York Post later broke the news.

Another solid evidence is that in the last presidential election, remote voting was adopted due to the epidemic, and Zuckerberg, as a technology giant, was deeply involved. He originally wanted to distribute these facilities indiscriminately everywhere, but in fact it was beneficial to the Democratic Party.

According to multiple people familiar with the matter, Ant Digits issued the country's first new energy physical asset RWA in Hong Kong, with UBS as the underwriter, only in the primary market.
One of the insiders happened to be my friend~
How does this encryption project work?
The real project party is the listed company Langxin Group, whose main business is new energy vehicle charging.

As the operator and service provider of the new energy digital platform, New Electric, a subsidiary of Langxin, uses some of the charging piles operated on the platform as RWA anchor assets, and issues "charging pile" digital assets on the blockchain based on trusted data. Each digital asset represents part of the income rights of the corresponding charging pile.

Recently, there is an article titled "This generation of VCs in the cryptocurrency circle has begun to defend their rights" which has become popular in the financial circle.

And the article revealed a great truth:
Most VCs lack unique value added, and even lack the ability to make independent decisions. They dare not lead the investment, but only ask "Which other institutions have invested in you? If xx has invested, then we will also participate a little."
Before retail investors buy crypto assets, VC endorsement is even less than that of KOLs. After all, KOLs still rely on word of mouth to make a living.

Da Piaoliang thinks that VCs should pay for recognition and they deserve to die!

Binance recently launched a new project in the Ton ecosystem, which is Dogs:

Many of you may not understand why Binance has launched another free meme?
What these friends don’t know is that Ton has set a small goal to bring 500 million users to the chain by 2028!

What does 500 million users mean? There are only 500 million crypto users in the world. If Ton achieves its small goal, wouldn’t it have to double the number of crypto users by itself?
The goal is so ambitious and the actions taken are swift and decisive.
In May of this year, NOT was listed on major global exchanges amid similar doubts as DOGS is now, and then started a craze for TG mini-games, which pushed the daily active users of the TON chain over Ethereum in one fell swoop. It is now ranked second among the mainstream public chains, second only to Solana.

我们之前有聊过还有哪些国家在打击比特币。
很多朋友呢，就对我们东北的邻国特别感兴趣。
我稍微研究了一下，发现这确实是一个很有意思的国家。
首先，这个国家确实是禁止加密货币的，因为人家把互联网都禁了。
作为全球唯一一个禁止老百姓上互联网的国家，只有经过特别许可的人才能访问互联网。

根据韩国《中央日报》报道，全国互联网用户还不到一千人。
虽然不让老百姓接触加密货币，而政府却对加密产业十分依赖。

外汇收入依赖度达到50%，这妥妥的是加密大国，比萨尔瓦多还依赖加密！
而这些收入，主要靠黑客去偷！
这个国家的黑客不仅会通过各种恶意软件发起攻击，还会伪造简历应聘进入各个加密公司，真是防不胜防。
看来前面提到的1000个上网的人，可能很大一部分都是黑客了。

可能很多小伙伴会问，这个国家哪来这么多黑客人才？
这就要介绍一下人民军第121局了，据说这个局全员均为国内极出色的计算机专家，严格挑选全国数学和计算机最顶尖的人才，全体成员均享有全国最高层次的待遇。
而该国黑客盗币的业务主管机构更牛逼，就是著名的39号办公室，正式名称为劳动党财政会计处。
据说这个机构更是直接向大boss直接汇报。

这个机构的核心任务就是帮助这个国家赚外汇，突破国际经济制裁，获得发展核武器等争议政策的资金。因此在业务层面上是什么都干，主营业务报告贩卖毒品、造假钞，贩卖人口，军火贸易等。
但是随着我们加密行业的兴起，这个国家光是盗取加密资产这个业务能发展到外汇收入的50%，秒杀传统黑产，成为39号室重点培养的新兴赛道。

各位小伙伴应该不少人都有加密资产被盗的经历吧？
说不定你们被盗的币，就被拿去造核武器了。

At around 2 o'clock this afternoon, I found that NetEase Cloud Music could not be opened.
The web page reports an error 502 Bad Gateway and the App cannot be used.

The official website responded that it was an "infrastructure" failure:

But the failure has lasted for more than an hour and has not been restored at all.
The APP is also completely unavailable:

This is not the first time that NetEase Cloud Music has crashed. In March of this year, many netizens' login status suddenly failed and they were unable to use the music normally.
People familiar with the matter said that NetEase has established a data center in Guizhou, and its businesses will be relocated in stages. NetEase Cloud Music has just completed the migration of the Guizhou data center in Q2 2024. "The new data center will indeed have more problems, but it is said to save costs."

Recently, due to the sluggish market conditions, many friends have withdrawn from the circle.
As an old investor who has experienced two bear markets, I decided to quit after careful consideration.
However, it was not the crypto circle that withdrew, but the traditional financial circle that had one leg left.
Compared with the traditional financial circle, the crypto circle is already extremely friendly to retail investors.
The crypto circle has obtained a legitimate VC investment project. Even if it cannot be listed in a big firm, it should not be a problem to be listed in a second-tier firm. Although there is no guarantee of making money when exiting, at least everyone can cheer together and it still feels like they can make some contribution.

El Salvador is up to something again. As the first country to use Bitcoin as legal tender, it recently announced that it has received $1.62 billion in investment to build a Bitcoin City.

This is what the blueprint of Bitcoin City looks like. Isn’t it amazing?
The diameter of this circular city is 9,750 meters, which is about ten kilometers.

A light rail is also planned, which is 5 kilometers away from the pier and 10 kilometers to the airport.

Let’s take a look at the map of Bit City. It is indeed a Feng Shui treasure land with mountains behind and water in front.

And in the center of the city, there is a big Bitcoin logo "B"

We mentioned before that Internet giants are going to re-enter the crypto market.
Sure enough, Ant Group, which has deep ties with Alibaba, made a big move yesterday. Ant Group cooperated with Singapore’s largest bank, SingBank, to launch a pilot program for “DBS Treasury Tokens”.

According to the official description of DBS Bank, this project can help Ant International shorten the settlement time of intra-group transactions from days to seconds, thereby optimizing liquidity and working capital within the group.
At the same time, Ant International also stated that it has seen application cases in areas such as instant tax refund services and cross-border payments for small and medium-sized enterprises.

早在2013年12月5日，人民银行等五部委发布《关于防范比特币风险的通知》。
当天比特币价格989美金。

2013年这份通知其实比较中性，原文的内容是：
明确了比特币的性质，认为比特币不是由货币当局发行，不具有法偿性与强制性等货币属性，并不是真正意义的货币。
从性质上看，比特币是一种特定的虚拟商品，不具有与货币等同的法律地位，不能且不应作为货币在市场上流通使用。
但是，比特币交易作为一种互联网上的商品买卖行为，普通民众在自担风险的前提下拥有参与的自由。

2017年9月4日，人民银行等七部委联合发布《关于防范代币发行融资风险的公告》，要求禁止虚拟货币交易。
当天比特币价格4318美金。

2017年这份通知主要打击的是ICO诈骗乱象，但是用词已经比较严肃了：
代币发行融资是指融资主体通过代币的违规发售、流通，向投资者筹集比特币、以太币等所谓“虚拟货币”，本质上是一种未经批准非法公开融资的行为，涉嫌非法发售代币票券、非法发行证券以及非法集资、金融诈骗、传销等违法犯罪活动。
主要打击的还是发币的项目方。

同时期作为交易所巨头的火币，OKX等影响较大；而彼时还是新锐的币安抓住机会业务出海，成为如今的交易所巨头。
2021年9月15日，人民银行公布人民银行、中央网信办、最高人民法院、最高人民检察院、公安部等十部委印发《关于进一步防范和处置虚拟货币交易炒作风险的通知》。
当日比特币价格47135美金。

规定虚拟货币相关业务活动属于非法金融活动，普通人持有虚拟货币的相关民事法律行为无效。
境外虚拟货币交易所通过互联网向我国境内居民提供服务同样属于非法金融活动。
任何法人、非法人组织和自然人投资虚拟货币及相关派生品，违背公序良俗的，相关民事法律行为无效，由此引发的损失由其自行承担；涉嫌破坏金融秩序、危害金融安全的，由相关部门依法查处。

没过多久，在2021年9月24日，国家发改委、中宣部、中央网信办、公安部等部门印发《国家发展改革委等部门关于整治虚拟货币“挖矿”活动的通知》。
要求将虚拟货币“挖矿”活动列为淘汰类产业；严格限制虚拟货币“挖矿”企业用电报装和用能；严禁对新建虚拟货币“挖矿”项目提供财税金融支持；停止对虚拟货币“挖矿”项目的一切财税支持；停止对虚拟货币“挖矿”项目提供金融服务。

至此，在大陆地区的比特币从挖矿，交易，到其他相关服务全面被打击。
但是到2022年10月，香港的财经事务及库务局发布《有关香港虚拟资产发展的政策宣言》，宣言明确规定了拟大规模允许零售投资者参与加密货币交易，并对加密货币交易所买卖基金、稳定币、代币化的资产、证券型代币的发行如何监管，做了明确阐述。

至此，某国加密政策算是开放了一个角落。