On a boring business trip on the high-speed train, let's talk about my views on the Crypto industry nearly a year after "semi-entrance into the circle."

This industry is "magical", you can see things happening in this industry that would never happen in other industries!

"Asset A9 and Asset A3 can reach a consensus on the same issue and eventually become good friends."

"A certain local city investment big shot treated the arbitrage project personnel with tea and alcohol to raise the bank interest rate by 1%."

"College students participated in early projects and suddenly had a large sum of money, completely changing their lives."

"Bet 1u, get back 10000u, are you in?"

can also be seen

"Industry bigwigs disregard their image and engage in heated exchanges on social media."

"Millionaires go to zero in minutes, market makers suffer knee pain with no place to complain."

"Each project is vying for attention, and everyone claims their own is the best, hoping to sell at a good price after the airdrop."

"A worthless token, crashing again and again after surpassing the market value of traditional stocks."

"A hot topic every 2 days, sigh, where's my money?"

A long time ago, I wrote an article titled "A Simple Understanding of the Various Roles in the Crypto World," in which I used a national model to metaphorically describe the various ecosystems; it was a different world.

Now I can name this world "The Era of Asset Issuance and Large Transactions."

Currently, the "stablecoin-centric" cryptocurrency market will evolve into three forms:

Payment, transaction, wealth management.

If you want to undertake a business project, the above three tracks are the optimal solution.

Recently, I met and talked to quite a few people. They are all excellent individuals in the traditional sense and have just started to get in touch with the crypto space. They feel that this industry, to some extent, has a bit of a "scam" vibe, from trading signals to pump and dump schemes, to various manipulations...

At first, I thought so too, but which industry under the heaven is not like this?

If you've seen a project worth 2 million, the client spent tens of thousands just for one signature after a night's negotiation. Is the product really that good?

If you have seen a teaching fee of 1000/h, then turn around and settle with a college student for 80.

If you have seen open source code packaged from GitHub, it can sell for hundreds of thousands per set.

Even charity can be packaged as a means of tax avoidance.

May I ask everyone, which industry can have the "white lotus" in your heart?

But this does not mean doing evil; it is necessary to strike a balance and make trade-offs between "wealth" and "morality". Some lean left, while others lean right.

This is also because the entire crypto space does not have cash flow in the traditional sense; macro increases must rely on external capital inflows, just like gold, and what remains is merely the transfer of wealth back and forth.

Retail investors who cannot balance on the scales can only supply; the first wealth to be transferred is that of the defenseless.

What I want to do is to participate as little as possible in the game of transferring wealth, but rather to think about how to attract capital inflow and work together to make the cake bigger.