#CZBİNANCE
$USDT
链上格格巫
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CZ's sharing at the Bitcoin Conference in Hong Kong ^_^
1. "Everyone sees that USDT's global circulation has surpassed one trillion, but no one has calculated how much it has helped the US dollar with cross-border settlements. Conservatively, there are $100 billion in 'private work.' Hong Kong, backed by the mainland, if it launches a Hong Kong dollar stablecoin, can connect to the global market and help open doors for the cross-border use of the Renminbi, which is an advantage that others cannot take away."
2. "Some say that cutting luxury homes into 10,000 pieces on-chain is RWA, but ordinary people can't live in just one piece, and no one is buying in. The real opportunity lies in stocks and bonds—assets that are already on computers—moving the ledger to the blockchain, with fast settlements and low costs. If the Hong Kong Stock Exchange seizes this, it could completely transform into a chain-based New York Stock Exchange."
3. "I calculated that to rebuild a compliant exchange, just the technology and security would cost $1 billion, and we'd need to recruit 300 top security experts. If Hong Kong lets Binance operate compliantly, it can save these costs and quickly capture global liquidity, saving enough money to treat everyone to good dim sum for several years!"
4. "Today, everyone is used to registering for CEX with email, thinking it's convenient, but in ten years, wallets will be as ubiquitous as WeChat. DEX fees are lower and privacy is better. There are already big players quietly transferring assets to DEX; it's not about whether to switch, it's just a matter of time."
5. "In the future, AIs will trade with each other, for example, one AI helps you write a report while another AI helps you create charts, with settlements possibly at $0.01. Traditional banks refuse to engage with such small amounts, but blockchain can settle instantly with zero fees. Hong Kong is laying the groundwork for this, and it will be the settlement center for the AI economy in the future."
6. "First, regulators shouldn't wait for perfection; let products run first and fix issues as they arise. If they are slow, they will miss opportunities. Second, liquidity should be globalized; don't confine users to a small pond, or you won't retain large funds. Third, don't just focus on the current mainstream; DEX and AI + Web3, today's 'marginal fields,' could become tomorrow's mainstream."
7. "When I left the mainland four years ago, I thought I would never return to the core stage of the Chinese-speaking world. But standing in Hong Kong today, I clearly know: the previous wandering was just a prelude; the real story is just beginning."
1. "Everyone sees that USDT's global circulation has surpassed one trillion, but no one has calculated how much it has helped the US dollar with cross-border settlements. Conservatively, there are $100 billion in 'private work.' Hong Kong, backed by the mainland, if it launches a Hong Kong dollar stablecoin, can connect to the global market and help open doors for the cross-border use of the Renminbi, which is an advantage that others cannot take away."
2. "Some say that cutting luxury homes into 10,000 pieces on-chain is RWA, but ordinary people can't live in just one piece, and no one is buying in. The real opportunity lies in stocks and bonds—assets that are already on computers—moving the ledger to the blockchain, with fast settlements and low costs. If the Hong Kong Stock Exchange seizes this, it could completely transform into a chain-based New York Stock Exchange."
3. "I calculated that to rebuild a compliant exchange, just the technology and security would cost $1 billion, and we'd need to recruit 300 top security experts. If Hong Kong lets Binance operate compliantly, it can save these costs and quickly capture global liquidity, saving enough money to treat everyone to good dim sum for several years!"
4. "Today, everyone is used to registering for CEX with email, thinking it's convenient, but in ten years, wallets will be as ubiquitous as WeChat. DEX fees are lower and privacy is better. There are already big players quietly transferring assets to DEX; it's not about whether to switch, it's just a matter of time."
5. "In the future, AIs will trade with each other, for example, one AI helps you write a report while another AI helps you create charts, with settlements possibly at $0.01. Traditional banks refuse to engage with such small amounts, but blockchain can settle instantly with zero fees. Hong Kong is laying the groundwork for this, and it will be the settlement center for the AI economy in the future."
6. "First, regulators shouldn't wait for perfection; let products run first and fix issues as they arise. If they are slow, they will miss opportunities. Second, liquidity should be globalized; don't confine users to a small pond, or you won't retain large funds. Third, don't just focus on the current mainstream; DEX and AI + Web3, today's 'marginal fields,' could become tomorrow's mainstream."
7. "When I left the mainland four years ago, I thought I would never return to the core stage of the Chinese-speaking world. But standing in Hong Kong today, I clearly know: the previous wandering was just a prelude; the real story is just beginning."
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