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Blockchain and Bitcoin in the Eyes of the Richest Man Jack Ma

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Whether it is about blockchain or digital currency, the practices of the country and major companies have made more and more people realize that the future has come.

Original title: "Blockchain and Bitcoin in the eyes of the richest man Jack Ma丨Introduction to Vernacular Blockchain 281"

Original author: Vernacular Blockchain

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From October 23rd to 25th, 2020, the second Bund Financial Summit with the theme of "Crisis and Opportunity: New Finance and New Economy under the New Landscape" was held in Shanghai. Jack Ma attended and delivered a speech , in the speech, a statement about "digital currency will redefine currency, just like Apple mobile phone redefines mobile phone" has attracted public attention.

As a KOL trusted by many people, Ma Yun was never favored on the road to entrepreneurship, and was once regarded as " liar”, but his bragging has come true one after another. Therefore, whenever he mentions his views on the "future thing" of the blockchain, it will cause many people to discuss it. Let us review those Jack Ma's views on the blockchain today.

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Bitcoin

1. Not much interest

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In November 2017, Jack Ma mentioned his views on Bitcoin. "I don't have much interest in Bitcoin. What I want to know is, what can Bitcoin bring to society? But then again, I myself think that Bitcoin technology is very powerful, so in Alibaba, Alipay, we are also trying to make sure that we will push the world into a society that is a cashless society. But Bitcoin, we look at it, is very Be careful, I don't know much about Bitcoin, and I'm always curious, you guys are Bitcoin lovers, I don't think you can't live without Bitcoin.”

2. Don't pay attention to Bitcoin

In December 2017, the price of Bitcoin has exceeded 15,000 US dollars. Ma Yun said: "I don't understand Bitcoin at all, and I am very confused. Even if it really works, the rules of the global trade and financial order will be completely changed. I don't think we are ready. So I still pay attention to Alipay, RMB, and the US dollar , Euro. We have a team that studies the blockchain, but Bitcoin is not what I want to do, we don’t pay attention to Bitcoin.”

3. Currency is a bubble

On May 16, 2018, at the Second World Intelligence Conference held in Tianjin, Ma Yun, Chairman of the Board of Directors of Alibaba Group, discussed blockchain Expressed views on this hot issue. He believes that the blockchain is not a bubble, but Bitcoin is. Bitcoin is only a very small part of the blockchain.

Blockchain

1. Bitcoin may be a bubble, but blockchain is sure Not foam. Jack Ma delivered a video speech at the 2020 Online Intelligence Expo, saying that many places today have a blockchain label, but it has little to do with the real blockchain. Blockchain is a solution to private data and security. Today’s Bitcoin may be a bubble, but blockchain is definitely not a bubble, nor is it a gold mine. It is a huge tool to open up financial technology gold mines, and it is a privacy in the data age. and safe solutions.

2. The key to blockchain technology is to truly solve practical problems in the real world. Bitcoin is a very small application of the blockchain, and the blockchain is not a gold mine, and it is impossible to get rich overnight. The blockchain must solve social problems, and it is a technology that solves privacy and credit issues.

Block chain technology is to first solve the problem of informatization of things that are not so frequent with the flow of physical objects. For example, various official documents, licenses, licenses, contracts, etc. of the government are sent to the chain from the beginning, and the chain method is used to ensure that they cannot be tampered with, cannot be reversed, and can be traced and tracked, including documents and credentials. , video, and games, public welfare activities, and financial securities that operate relatively independently, and push information online with high accuracy.

3. Jack Ma: Blockchain is a new way to solve intellectual property issues. Jack Ma mentioned when he was the anchor of Taobao for the first time that intellectual property must be protected in a new way. Blockchain technology is solving this problem, and those who lack intellectual property awareness should pay attention to it as soon as possible.

The first batch of people who opened Taobao stores in 2003 were very successful; those who dare to use new technologies today will definitely do well. Therefore, I hope that everyone can look at blockchain technology in terms of intellectual property protection, such as the ant blockchain, which will be very helpful to everyone.

4. Without blockchain, people will die. Ma Yun said at the 2nd World Intelligence Conference: "The investment in the blockchain is because Alibaba has no way. Others' network information dissemination, including social media, does not need a blockchain. We do this Internet finance. , We have a transaction volume of several trillions and tens of trillions on the Alibaba trading platform. Without a blockchain, people will die. Alibaba must have a blockchain, but we haven’t thought about it. It can be turned into bitcoin to make money.”

Digital currency

1. Digital currency may Redefine money. The 2nd Bund Financial Summit was held in Shanghai from October 23rd to 25th. Jack Ma, the founder of Alibaba Group, said that digital currency may redefine currency. Digital currency today is far from the time to compete for standards, but the time to create value . He pointed out that if the financial system needed by the world in 30 years is built with a future perspective, digital currency may be a very important core.

Today’s finance does not need digital currency, but it will be needed tomorrow, in the future, thousands of developing countries and young people need it, we should ask ourselves , What practical problems will digital currency solve in the future?

The digital currency ten years later may not be the same as the digital currency today. To search, we should not search from research institutions, but from the market, from demand, from the future. The stakes are high, and our research institutions should not be policy institutions, and policy institutions cannot rely solely on their own research institutions.

2. The digital currency system is a solution to future problems. Because the digital currency system is a technical problem, but it is not only a technical problem, but also a solution to future problems. Digital currency may redefine currency. Although the main function of currency is still there, it will definitely redefine currency. Like the Apple mobile phone that redefines the mobile phone, calling is just a function.

Digital currency is far from reaching the standard, it is to create value, it is necessary to think about how to establish a new financial system through digital currency, and think about the future for the world , thinking about how to do global trade, but also thinking about the digital currency built on the basis of proven technology in the world. Really solve the problems of sustainable, green and inclusive world trade.

Summary

Last year Jack Ma said that blockchain technology has a great impact on the future of human society Beyond everyone's imagination, this year, Shenzhen City launched a digital RMB red envelope pilot, and later, PayPal announced its support for the cryptocurrency market.

Whether it is about blockchain or digital currency, the practices of the country and big companies have made more and more people realize that the future has come.