Before 2000, the traditional way of buying and selling was no longer the king of the terminal, and the era of staying in the relationship between buying and selling has been overwhelming. The winner of the terminal has evolved into history!
The rise of the Internet after 2000 changed the terminal and consumption habits; in 2019, the first year of the Internet transformation, the epidemic at the end of the year will extend to 2020. The country proposes to vigorously develop the real economy, mass entrepreneurship, innovation, and technological innovation! The turning point of the development of the Internet is the turning point of the rise of blockchain.
Encryption is open source and anti-censorship. As long as the network can be formed and cannot be blocked, this will become a huge trend. I don’t know if you have paid attention to it. If you install signal, you will find that more and more new entrants appear every day, and most of them are not in the blockchain industry or technical personnel. For most people, saving lives may be the first priority.
In high-tech warfare, the truth is the same. The fiercer the Sino-US high-tech friction, the more users will be attracted to enter the world of blockchain. Now, it may be just an alternative for most people, but at a certain moment, it may be a life-saving option.
This turning point will bring about a large-scale global migration of users, from regulated software to encrypted open source software, and from encrypted open source software to blockchain. This will bring about the next wave of blockchain revolution.
The blockchain bull market in the next 4 years will be brought about by the birth of a huge number of Dapp ecology from an underlying application system. Both Dex and DeFi we see today are one of the ways of Dapp. The migration of Internet users to the blockchain will bring about a new bubble. The birth of more than 100,000 Dapps around the world may bring the blockchain similar to the time when the technology stock bubble burst in 2000.
Because users need intuitive perception, the best way is to experience Dapp first, then understand business logic, and finally learn protocols and algorithms. It's like peeling off a cocoon, layer by layer, and finally understand the core. Product users will gradually turn into investment users, and then users of digital currency, by which digital currency can capture data, contribute data, or distribute data. At this time, the integration of technology finance is completed, and value will be born.
Recently, everyone heard the news of the collapse of a DeFi project. In the long run, DeFi is of great value. There is no doubt that DeFi is a market with more than one trillion dollars. However, it is still too early. It only increases the flow rate on the basis of solving the information asymmetry, but does not actually solve the value problem.
All projects that are not value-oriented in the blockchain are hooliganism. DeFi is essentially a business model. What it earns is the handling fee for capital flow. The faster the flow rate, the higher the handling fee precipitation. Therefore, the future direction of DeFi is to create a role similar to PayPal in the blockchain, where the winner takes all. Now directly issue a DeFi coin, just to raise funds. But does a business model that can really run through need such a large amount of fundraising? The flow rate itself can bring cash flow, whether it is collecting eth, usdt, wicc or WGRT, it can solve the corresponding problem.
Therefore, most of the current DeFi projects basically only understand how to issue coins with one click or automate transactions with one click after technological development and more transparent information. Essentially it is based on the protocol of the Ethereum operating system, which has been upgraded in 2017. The difference is that the technology is simpler, the cost is lower, the funds in the circle are less, and the killing is faster. So life and death can easily become the norm. Returning to time, this time is the time for the birth of the underlying system, not the time for the large-scale ecological development. It must wait until the underlying system begins to gradually improve before its ecology can begin to prosper.
In the past two decades, where has everyone heard of the most? Not New York, not Los Angeles, it must be Silicon Valley, because the nature of world development is driven by technological innovation, and a large number of Internet giants come from Silicon Valley. This is why housing prices in Silicon Valley are always the most expensive. Because in the past, the most valuable high-tech talents in the world were in Silicon Valley. All surrounding industries and non-technical people serve them.
How did Silicon Valley develop? The real name of Silicon Valley is San Jose. Since the 1940s, a large number of laborers and various industries have entered the California Bay Area. In the process of railway and transportation development, San Francisco has become an important transit point for material supply. After the 1950s, the rise of private schools, represented by Stanford University, drove the radio and semiconductor boom in the entire Bay Area. Brought the first wave of technological labor development. At that time, Los Angeles was also in the process of vigorous development. In the 1970s, personal computers began to be born, and the government saw the direction of future development. But at this time, land prices in both Los Angeles and San Francisco were already too high to support the birth of a large-scale industrial ecology. So the government's eyes are on San Jose.
At that time, San Jose had neither a first-class university nor an industrial foundation, and it was a distance from San Francisco and Los Angeles. Basically, it is poor and white, but it has a huge core advantage, that is, it has land. Government demolition costs are also low, planning costs are lower, and it is entirely possible to design a brand-new scientific and technological ecological center from the beginning. It was followed by investment promotion, which became a high-tech headquarters center. The first wave was companies such as Adobe, BEA, Cisco, and eBay. Later, companies such as HP, IBM, Yahoo, Google, Apple, and Facebook also began to enter. Soon, a huge industrial ecology was formed. In just a few decades, a large number of high-tech leaders, such as Jobs and Elon Musk, were created. In the past 45 years, it has become a world "high-tech center" integrating production, education and research.
Have you discovered that the emergence and development of Silicon Valley has been accompanied by the rapid development of the US stock market for 45 years, and it has also achieved the status of the United States as the hegemon of the high-tech world in the past two decades. But this era I think will be gone forever. The global high-tech industry moves eastward. If such a Silicon Valley city emerges in China, where and in what type should it appear?
First of all, it will inevitably appear in the Bay Area; because only the Bay Area has the power to integrate technology and can produce a huge ecology. All the cores of the Bay Area in the world have a "50 km" law. Whether it is Narita Bay Area in Tokyo, Silicon Valley in California, or New York Bay Area. San Jose is about 65 kilometers away from San Francisco. If this new core is too close to the main city, it will be very difficult to form its own industrial center, but it will be easier to become a sleeping city. Too far, it is not easy to form a flow of technical population, the surrounding resources have to be rebuilt, which is time-consuming and laborious, and the output cost is too low.
Secondly, it is very convenient by sea, land and air, and has the possibility of integration of production, education and research; based on the next era, there will be a large number of IoT devices and smart hardware devices, and this location must be very close to the manufacturing and processing production base. In China, there is only one place that has such conditions and qualifications to become the Silicon Valley in the next 50 years, and this place is Nansha in Guangzhou. The future world will have two centers, one is Xiongan, the center of human ideological development; and the other is Nansha, the world's technology and financial center.
Why is technology finance? Because the development of mankind in the next 50 years is bound to be the era of blockchain as the core linking the Internet of Things and artificial intelligence. Earlier this year, Professor Zhang Wuchang made a statement that Shenzhen will become the world's technology center in the next 50 years. I think this is wrong. Shenzhen is more like a local Asia-Pacific center in the Internet era. To become a global center in the next era, it will be difficult to completely stand out from the old beneficiaries. It will inevitably produce a new ecology with the construction of new infrastructure. This will be similar to Silicon Valley born out of San Jose. First, there are government plans, and secondly, there are a large number of new infrastructure capitals with Nansha as the core linking the entire Guangdong-Hong Kong-Macao Greater Bay Area. Once again, give priority to the formation of world-class school, medical and other related service industries, and then introduce a large number of innovative giants from the world, the world's top 500, etc., and finally the next revolutionary giant will be born locally, which will gradually evolve a new foundation Facilities and a new ecology.
From the perspective of the right time, place and people, Nansha's development is similar to that of Silicon Valley. In fact, Nansha today is also developing in this way. I think it will become one of the most expensive urban areas in the world. It is also the only area in China where I think there will be a 5 to 10 times increase in real estate in the next ten years. Because Nansha's purchasing power will come from all over the world. Based on the current global economic environment, I tend to think that the time when Nansha begins to emerge gradually will be after 2024, and the big opportunity for real estate will actually end in 2028. The benefits will be digested in advance, and then we will wait for the capital and purchasing power of the world to take over.
At this turning point, there will be several iconic events. For example, a world-class blockchain giant will be born here. With such giants, a large amount of ecology will be generated. The other is that the blockchain and digital currency are still in a half-dark gray area. Large-scale development will inevitably require related policies. The free trade zone is a concept that is administratively suitable for development and has sufficient flexibility to form a high-tech industrial zone. A series of possible policies will be accompanied by further fierce battles between the RMB, the US dollar and Bitcoin. The 2024 time point is important because it is likely that the entire U.S. stock market will fall by 90%, reaching the bottom of the next ten years, and the emergence of digital currencies is similar to the collapse of the technology stocks in 2000. Formed to kill all capital and users, the old world began to disintegrate, and a new empire was born in ruins. The game restarts, and the distribution of wealth restarts.
On the other hand, the United States introduced the "Bitcoin Act" based on digital gold. If China wants to overtake in the blockchain field, it will inevitably use administrative power to support the development of digital currency and fully implement DCEP. All of this will be a footnote for the birth of a world-class blockchain giant in Nansha. And such giants will lead Internet companies to fully open the ecosystem of transforming the blockchain, thereby attracting high-tech talents from all over the world to migrate like migratory birds.