CZ is still the same CZ, he is back again. In the Hong Kong 2025 Bitcoin Conference, seven classic quotes, no nonsense, truly substantial
1. "Everyone has seen USDT’s global circulation exceeding one trillion, but no one has calculated how much it has helped the US dollar with cross-border settlements -- conservatively speaking, there are 'private activities' worth 100 billion dollars. Hong Kong, backed by the mainland, if it launches a Hong Kong dollar stablecoin, can connect to the global market and help open up the cross-border use of the renminbi, which is an advantage that other places cannot take away."
2. "Some say that cutting luxury homes into 10,000 pieces on the blockchain is RWA, but ordinary people can't live in just one piece, and no one is willing to take it over. The real opportunity lies in assets like stocks and bonds that are already on computers -- moving the ledger to the blockchain, fast settlements, low costs, if the Hong Kong Stock Exchange seizes this, it can completely become the 'on-chain New York Stock Exchange.'"
3. "I calculated a cost, building a compliant exchange from scratch would require 1 billion dollars just for technology and security, plus hiring 300 top security experts. If Hong Kong allows Binance to operate compliantly, it can save these costs and quickly capture the global market -- the money saved would be enough to treat everyone to good morning tea for several years!" liquidity
4. "Today, everyone is used to registering with email for CEX, thinking it is convenient; but ten years from now, wallets will be as popular as WeChat, with lower DEX fees and better privacy. There are already big players quietly transferring their assets to DEX -- it’s not about whether they will 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 reports, another AI helps you create charts, and the settlement might just be 0.01 dollars. Traditional banks refuse to process amounts that small, but blockchain can settle instantly with zero fees. Hong Kong is now positioning itself as the settlement center for the AI economy of the future."
6. "First, regulations should not wait for perfection; let the products run first, and fix issues as they arise, otherwise, you will miss the opportunity; second, liquidity must be globalized, don’t keep users confined in small ponds, or you won’t retain large funds; third, don’t just focus on the current mainstream, DEX, AI + Web3, these 'marginal fields' today may become the mainline tomorrow."
7. "Four years ago, when I left the mainland, I thought I would never return to the core stage of the Chinese-speaking world. But today, standing in Hong Kong, I clearly know -- the previous drifting was just a prelude, the real story is just beginning."
#CZ #香港大会