Origin | Catenary to finance and economics
Dai Jun: Finance and economics of all corners of the country / author of combination of all corners of the country of money elder brother, Qianzhongxin is fiducial investor of angel of catenary of strategic chief inspector, area piece
Catenary is happy to bit: At present the financial money of digital money and country stabilizes a system to still have certain difference, does the central bank that you think future can have some state bring into digital money in the reserve of the Central Bank?
Dai Jun: Why does one country need the money of another country, because need to buy the product of another country,be substantially. If this country did not buy the product that other country produces / the need of the service, or the product that this money cannot buy other country and service, what don't have so necessary reserve this money.
We live in the times of a globalization today, the connection between country and country is all-time and close, can break away from other country without any one country and live alone. So, will look from logic, whether does digital money make Central Bank reserve, the key depends on the problem of its purchasing power. Want to more country accepts digital money only, allow digital money to purchase the product of this country and service, so purchasing power respect holds water. Acceptance range is bigger, the value of reserve is higher. This namely we often say: Consensus.
A lot of experts always like to use stability now for thing, actually, this decide firmly, the key looks at 2 o'clock, one is management, one is system capacity. Say body is measured first, you jump into a bathtub, to the small fish in bathtub, it is a situation full of danger of course. But, jump into pound? Jump into reservoir? In the lake? Where is the sea? Be afraid what also is done not have. So, stable, system capacity is major premise. But, have the money of some of Home Xiaoguo, quite stable also, be how accomplish? This manages a resort namely. Use gaze at certain to compare stable currency for example, for example and so on of pound, dollar, superintending next on blow hype, undertake market operation is waited a moment, can have the effect of stable currency system.
Digital money still arrives without evolution at all now this phase, two conditions are not so contented, not stable of course. But we are imagined, want to the country begins to accept only, so, these can be built.
Catenary is happy to bit: You can think only the financial crisis when the tradition comes, is digital money talent real go up?
Dai Jun: Yes. Say well and truly, it is active socioeconomy system issue bigger, use digital money to avoid this consensus of danger can be jumped over big, with respect to the development that can drive digital currency. The digital money here, refer in particular to add close money. This is holding water on logic, in practice also for many times by test and verify.
So, I differ with very much good school, they feel to want to perfect a technology only, use with respect to meeting somebody. I think impossible, look in me, major mankind does not have too much imagination. You let the masses imagine a good future, it is impossible actually. Want reality to still can survive only, major person won't want to have any changes. China and foreign countries all is the same as.
But, once give crisis of cash be in harmony, even economic crisis, more severe perhaps society crisis, humane crisis. At that time, people just meets those who realise digital money place is brought go to a center changing, nod the value of bit righter electron cash.
Be like present Venezuela, had begun to draw near social crisis, you see people the acknowledge to digital money, than wanting a few years ago affirmation is a lot of a lot of taller. So, I think digital money wants to obtain more large-scale consensus, affirm or need financial crisis, economic crisis of this kind of chance drive.
Catenary is happy to bit: If bit money ETF is passed, but level of technology of each country policy, application has not reached the designated position, can you be digital money new round bubble?
Dai Jun: Bubble can have for certain, but bubble itself is not what evildoing, also need not too scared bubble. Bubble has only too too serious, and concentration erupts, ability can cause serious consequence. Actually, the development process of any industries, accompanying the bubble of certain level. Need not worry about bubble too too. This is firstly.
Secondly, if ETF was passed, so the big fund that is in the United States, had the channel that invests bit money. Of this passageway build, allow digital currency market, rise with a tremendous capital pool UniCom immediately. This capital measures the wealth effect of a generation, meet of course the price drive up of a bit money.
Alleged one person is gotten, gallinaceous dog be raised to the skies. Bit money goes up to the sky, also can drive a sister-in-law of course too, grapefruit, prince people rise. The money that very much even preparation clears is planted, also meet revive in a new guise.
The bubble that everybody worries about, basically be to show this is planted finally actually the part of revive in a new guise.
If this bubble rises, it is right really whole industry is adverse. Because of these projects, do not have what value originally, should gone. But the effect because of capital, did not die. Before this is like some year a few steelworks, go producing originally can when should gone, investment of result capital construction comes up, absolutely refuse to know clearly. But, because itself does not have what competition ability really, so, just become more the old fat person of empty fertilizer, be without muscle, when dying, more issues are brought before meeting comparing only.
Say from this angle, vigilant this bubble is right. But from overall for, ETF brings capital, be more than fraud to industrial profit for certain. What we need to do is, establish more effective mechanism, undertake efficient market is taught more, let good project get the resource with better more, OK.
Catenary is happy to bit: You once represented immediate cause of Xiong Fu, it is capital supply deficiency, and prediction of a person's luck in a given year is too much cause. What is the chance that then you think big sth used to one's own advantage enters the arena?
Dai Jun: Most of core still is risk control, expression comes out even if superintend innovation.
The premise that big sth used to one's own advantage enters the arena, must be the risk can accuse. Now although each country government is differ to the manner of digital money, but overall for, still do not have dye-in-the-wood hold can control a venture. This also is even if is in the United States, the main reason that ETF also cannot adopt tardy.
Of course, this is problem of a time only. As long as in G20 country, one country fumbles the means method that gives risk of a control, fulfil superintend on, so big sth used to one's own advantage will be entered in a large-scale.
Catenary is happy to bit: Current Xiong Fu has with all possible means reason, framework immature, industry not self-discipline of shortage of be born, industry waits an element a moment to cause, look in you do we need catenary to change? What is the catenary in your eye changes a meaning?
Dai Jun: I think industry of area piece chain needs to think method is driven really solve these problems, but do not need catenary to change however. Catenary changes, the money that before still having, says changes, let enterprise, government namely substantially, the orgnaization of other perhaps type, use technology of area piece catenary.
Actually, this thing, it is not to need substantially too those who worry about. After all the thing that this is family management him main body. Useful nature can be used, trashy, you were pushed also do not have what to use. Him industry of area piece chain him do well thing, do well the technology is accumulated, do well demonstrative project, do well educational promotion, went. Do not have necessary blame to do a such concept to come cannot.
Catenary is happy to bit: Current area piece catenary project, information scarcely transparent, for instance before EOS group ever covered the fund that shows collect endowment for many times, capital flow direction is uncertain. How does catenary change to get everybody to trust?
Dai Jun: Once had a very famous behavior art. Have a female artist, claim anybody can do anything to her. Next before placing all sorts of article, even handgun. At the beginning, everybody is not bad, very defend established practice, it is joking only. Then, harm her very quickly with respect to somebody with small knife, finally, sponsor just must check this activity, because a person took a gun, preparation shoots!
Influence, do not accept an obligation, what is the result? On this problem, everybody often has too tall estimation to human nature, to regulation too despise too. A overcomes Du Xunjue's logion: Influence brings about corruption, absolute power brings about absolutely corruption. Only influence coop basket in, just be settlement way.
So, this opaque problem, rely on the person's consciousness and morality, it is very doubtful originally with what do not rely on chart. So, what is settlement way? Build sound monitoring system namely. For example, can spend money below what circumstance, how to use, how is exposure waited a moment to investor. This is all the problem that project of area piece catenary faces, be not catenary to change particular.
Catenary is happy to bit: Xiong Fu already came, in leek people angle, how to spend Xiong Fu correctly? What proposal to have to them?
Dai Jun: I can talk about this problem with everybody only from common law. A bit the most important, be inferior to easily one static, this I had emphasized in many circumstances. Market chance is little, not rapid move is participated in. Look from the operation, aux would rather chase after go up kill drop, do not copy a copy. Basically the person that the majority invests, when playing wave band, it is to die to be being operated often and copy a copy. If say to have a proposal again, go reading bit of book namely, the acknowledge that raises oneself. The heart puts a hope, careful act, can.
QBD edits | Na Ke
