The Second Half of the Currency Circle: Everything on the Chain and Socialism (Part I) (Long article with caution) I haven't written a long article for a long time, and on the night when I decided to start a business, I started my own entrepreneurial path with a long article, hoping that when I look back on today, everything in this article has been realized in the future. What is the significance of Bitcoin to human beings, some people say that it is digital gold, and some people say that it represents the power of consensus, and in my opinion, the greatest significance of Bitcoin to mankind is that it has laid the foundation of the underlying technology of human cross-cultural global financial cooperation is blockchain technology - this means that in the absence of a great unification of human civilization, the only underlying technology for regional financial assets to achieve global circulation is only blockchain technology. This is actually the result of the national game, from the perspective of various countries, the ownership of high-quality assets in the country is the best state, but for a high-quality asset, his natural best attribute is to let more capital intervene to increase the overall liquidity or accelerate the discovery or destruction of value, and the current incompatible nature of the US stocks, A shares, Japanese stocks and other markets is actually to build a geographical difference, which in a sense distorts the price. Of course, this deadlock is being broken by the currency circle, and the U.S. stock chain has taken the first step, and many people can't understand the significance of the U.S. stock chain, and even everyone thinks it's useless, but in my opinion, a series of things such as the U.S. stock chain actually prove that the currency circle is an effective market. It is true that in the past and now, 99% of our circle is junk assets, and it can even be said that it is trading sentiment, but such a market that is essentially trading sentiment is actually an effective market, after all, even sentiment can be priced, so things with underlying value will get a fairer value judgment in the world of blockchain. At the same time, there are actually some non-standard assets between the air and some standard assets, such as equity, industrial bonds and even people themselves, and the liquidity that cannot be obtained by such assets can actually be solved by issuing assets on the chain. That's why RWA is currently the strongest track, because compared with the various air narratives originally created by the cryptocurrency circle, the volume of non-cryptocurrency native assets is about tens of thousands of times that of the former. Therefore, what more and more platforms are doing is to bring non-currency assets into the currency circle, and everyone may think that they are using traditional assets to cut the leeks of the currency circle, but as entrepreneurs, the reason for doing these things at the moment is actually just to stake the land, because in the future, we can see that many traditional assets will be issued on the chain, and the platform that plays in advance in the currency circle will actually be stuck in a position. This is also the reason why I started my own business, to get in touch with high-quality assets in advance, and to become the promoter of the issuance of such assets legally and compliantly when the green light of the policy is turned on in the future. For players in the currency circle, there will be more and more things that can be played in the currency circle in the future, but the requirements for professionalism will be higher and higher.