Three Cities in a Play: When Hong Kong, Singapore, and Dubai Begin to Compete
At 3 a.m. in Central, Miss Lin hangs her high heels on the fire hydrant in Lan Kwai Fong. The crypto wallet in her hand just received a payment of 0.5 Bitcoin from a Dubai client. Looking up, she sees the LED screen of the IFC building cycling through the Hong Kong government's Web3 declaration. At that moment, the neon light of the tea restaurant short circuits, turning 'silk stockings milk tea' into 'silk-dead woman tea' - this is probably Hong Kong's magic realism.
I. Financial Three Kingdoms Kill: When Eastern Wall Street Begins to Compete
Recently, Hong Kong's financial elites have collectively changed their signatures on LinkedIn to 'Web3 Evangelist', as if it wasn't them boasting about Hong Kong stock IPO results just last week. This collective transformation agility reminds one of the nationwide push to learn Mandarin before the '97 handover. The virtual asset licenses issued by the Monetary Authority last year are more sought after than pineapple buns at tea restaurants. It's just that when Bitcoin ATMs enter the subdivided flats of Sham Shui Po, will those programmers with a monthly salary of 15,000 use half a month's salary to buy 0.001 BTC?