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Highly Reconstructed Blockchain Sociology

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Post time 28-12-2023 10:57:22 | Show all posts |Read mode
Many people find it difficult to understand blockchain, not because of a lack of knowledge but because their past knowledge has become a burden; it's not that they are not good at learning but that their high achievements make them unwilling to unlearn.

As a result, some people, despite having extensive knowledge (excluding information technology) and successful investment portfolios (excluding disruptive innovative tech companies), still struggle to comprehend Bitcoin and blockchain. Mr. Shi, despite his high business achievements, may not be able to compare with the stock god Buffett, and it's not surprising that he doesn't understand Bitcoin.

Speaking of investors, Alex Danco from Shopify Capital recently discussed why Canada's information technology industry is not thriving. He mentioned that many angel investors in Silicon Valley were once involved in unprecedented creations, passionately engaging in infinite games. In contrast, angel investors in Canada are bound by old frameworks, accustomed to default settings and clear frameworks of finite games.

Interestingly, the arguments in the article are all based on the logic of finite games or outright "misunderstandings." Clinging to such limited thinking, the developments brought about by two technology bureaus and three cyberports will only revolve around real estate.

Please do not misunderstand; I am not trying to persuade you to invest in Bitcoin. There are so many forms of assets, and Hong Kong's real estate continues to prosper. You can thrive without touching Bitcoin, given the abundance of high-quality assets. Conversely, even without you and the entire baby boomer generation, Bitcoin's success will not be affected. It is aimed at a global audience of seven billion people.

I am not here to bet that Bitcoin will surely succeed. Moreover, we don't even have a consensus on what success means. For you, if Bitcoin is not accepted by the U.S. government and does not rise tenfold from the current price, it may be considered a failure. But in my mind and the minds of many others, success is more about safeguarding civil rights, balancing government power, and giving the world more possibilities. As for the price, it's just a byproduct of the success mentioned earlier.

Furthermore, criticism is easy, predicting failure is simple, and innovation is inherently risky. In the open-source world, failure is the mother of success, and failure is included in success. Bitcoin and blockchain, with their open-source code and data, represent an unprecedented social experiment in human history. Even if they don't succeed overnight, future generations can build on the accumulated experience and wisdom until one day they successfully disrupt.

Disruptive innovation is a process of turning falsehood into truth. It inevitably starts as "false" and often cannot become true in the end. Boasting about failures in predicting a particular innovation is foolish, and having the spirit to encourage falsehood and support the ability to eventually turn it into truth is what truly defines a wise person.
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Post time 28-12-2023 12:28:44 | Show all posts
There's no need to criticize Bitcoin for this.
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Post time 28-12-2023 12:32:46 | Show all posts
So many unclear concepts have emerged in the cryptocurrency space.
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Post time 28-12-2023 15:44:14 | Show all posts
Let's take a look at Bitcoin.
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