Jack Ma said: We only focus on Alipay, not Bitcoin

This is not the first time that Jack Ma has expressed his views on Bitcoin. At the 2017 Vietnam Electronic Payment Forum, he was asked by a beautiful reporter how he viewed the future development trend of Bitcoin. Jack Ma replied: To be honest, I am not that interested in Bitcoin, but what I have noticed is the difference between the cashless society and the Bitcoin block. What do I want to know? What can Bitcoin bring to society? But then again, I think Bitcoin technology is very powerful, so in Alibaba and Alipay, we are also trying to ensure that we will push the world into a cashless society, where everyone is truly equal and inclusive! Let them get the money they need and ensure that this is a sustainable, inclusive and transparent society. I hate corruption. It's true that I didn't look for opportunities, but I don't want anyone to deprive me of my wealth through improper means. This is why we need a cashless society. But when we look at Bitcoin, we are very careful. I don't know much about Bitcoin, but I am always curious. You are Bitcoin enthusiasts. I don't think you can't live without Bitcoin. I know one thing, and I want to share it with you. When you do business one day, or do other things, it's not shameful if you don't know this. If you don't know but you pretend to know, it's very shameful. I don't think it's shameful not to know Bitcoin.

In fact, everyone may have misunderstood what Jack Ma meant. He just didn't comment on Bitcoin, but didn't say he wouldn't touch blockchain. Because of policy reasons, Bitcoin is banned in China. As an industry leader, Jack Ma will definitely not make remarks contrary to the direction. In fact, Ant Financial, which is related to the Alipay business, disclosed the BASIC (blockchain, artificial intelligence, security, Internet of Things and cloud computing) technology strategy, which puts blockchain technology in the first place. It can be seen how much Jack Ma and Alibaba behind him value blockchain technology.

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