BIT居士
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Personal opinion, just a few complaints.
In my view, Vice President Wang Yongli's post has completely missed the opportunity, and has already admitted to a complete defeat in the efforts regarding blockchain stablecoins, and even more so in digital assets. He recognizes the mistakes but still refuses to admit it.
If RWA does not quickly seize the market, it will definitely miss out again.
US dollar stablecoins have fully occupied 99% of the market, and the dollar will control another 100 years of the world. The route of digital RMB is fundamentally wrong; what is the difference from WeChat or Alipay balances? Would you fully trust the banking payment systems of India and Israel? One day, if the two countries go to war, they can directly freeze the assets of the other country's people and nation. Stablecoins cannot be massively frozen because they do not know which country or person holds the assets of that wallet, so they cannot accurately freeze the property of the other country. To state an undeniable fact, apart from a few countries, not many people will use it, because there is a huge risk: a major war between two countries, which means that traditional digital RMB will not be widely used, just self-deception.
You have no advantage in on-chain finance; isn't decentralized finance the future trend? Others aim for the globe, while your goal is just this small piece of land on the continent!
In the future, the artificial intelligence automatic settlement protocol layer will automatically select trusted and secure protocols for on-chain settlement without having to jump to a third-party settlement platform. It is likely to be the Bitcoin or Ethereum network; will it choose a centralized digital RMB network? SOL also has a chance. In the future, the neck of the artificial intelligence protocol layer is being choked by others, and I am truly speechless.
Here's an idea: Take Binance back. Binance has 300 million users, the first in the world, with KYC, solving your money laundering issues. With the BSC chain, it can compete with other public chains, and national support would make it instantly number one. The RMB stablecoin can also compete with the US dollar stablecoin. The future situation is: the US bans Binance, but the remaining 7.8 billion people can use the RMB stablecoin, while the US dollar stablecoin has only 6.6 billion, because China can also ban Coinbase. There are loopholes, but the benefits outweigh the drawbacks.
Bring back all the people in the cryptocurrency space, exchanges, mining farms, RMB stablecoins, decentralized finance. Isn't this just having the upper hand?
In my view, Vice President Wang Yongli's post has completely missed the opportunity, and has already admitted to a complete defeat in the efforts regarding blockchain stablecoins, and even more so in digital assets. He recognizes the mistakes but still refuses to admit it.
If RWA does not quickly seize the market, it will definitely miss out again.
US dollar stablecoins have fully occupied 99% of the market, and the dollar will control another 100 years of the world. The route of digital RMB is fundamentally wrong; what is the difference from WeChat or Alipay balances? Would you fully trust the banking payment systems of India and Israel? One day, if the two countries go to war, they can directly freeze the assets of the other country's people and nation. Stablecoins cannot be massively frozen because they do not know which country or person holds the assets of that wallet, so they cannot accurately freeze the property of the other country. To state an undeniable fact, apart from a few countries, not many people will use it, because there is a huge risk: a major war between two countries, which means that traditional digital RMB will not be widely used, just self-deception.
You have no advantage in on-chain finance; isn't decentralized finance the future trend? Others aim for the globe, while your goal is just this small piece of land on the continent!
In the future, the artificial intelligence automatic settlement protocol layer will automatically select trusted and secure protocols for on-chain settlement without having to jump to a third-party settlement platform. It is likely to be the Bitcoin or Ethereum network; will it choose a centralized digital RMB network? SOL also has a chance. In the future, the neck of the artificial intelligence protocol layer is being choked by others, and I am truly speechless.
Here's an idea: Take Binance back. Binance has 300 million users, the first in the world, with KYC, solving your money laundering issues. With the BSC chain, it can compete with other public chains, and national support would make it instantly number one. The RMB stablecoin can also compete with the US dollar stablecoin. The future situation is: the US bans Binance, but the remaining 7.8 billion people can use the RMB stablecoin, while the US dollar stablecoin has only 6.6 billion, because China can also ban Coinbase. There are loopholes, but the benefits outweigh the drawbacks.
Bring back all the people in the cryptocurrency space, exchanges, mining farms, RMB stablecoins, decentralized finance. Isn't this just having the upper hand?
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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