#USNationalDebt The understanding of Mai Gang, an early investor in Pop Mart, is truly profound; you wouldn't dare believe this is a video from 2013.
The video has already been updated #CryptoMarketCorrection #BTC
I initially wanted to summarize, but then I realized his speech was too rich in content, it essentially turned into line-by-line commentary. This understanding is really high; you could say he comes from the future, I would start to believe it. I cut it into four small videos of about one minute, so everyone can find the corresponding content.
Summary of key points:
1, bitcoin is a (product) virtual whose monetary attributes are almost perfect, simulated by algorithms.
2, this almost perfect currency is maintained by an extremely powerful computing power. (This is what is special, it is also the soul of decentralization)
3, the nature is to use mathematics and algorithms to simulate all aspects of precious metals, and in all aspects, it has surpassed the precious metals of the past.
4, the value of gold comes from its monetary consensus and when certain jewelry has almost no other utility, it is much inferior to aluminum or iron. (So other token applications and BTC are not the same)
5, focus on the monetary circulation property of bitcoin. You ignored the fact that bitcoin is also a store of value currency. (That was in 2013, those who spent bitcoin to buy pizzas in recent years must really regret).
6, at some point in the future, bitcoin will become an international reserve asset (in 2013, it predicted what is happening today, look at his understanding)
5, focus