What is blockchain? In 2008, the subprime mortgage storm, Satoshi Nakamoto put forward Bitcoin, and then the white paper behind the blockchain this decentralized technology, in simple terms is a circle of money and liar's words, you see how to use bitcoin rise and fall so big? What's that got to do with us? It has a lot to do with us. It's not only the next generation of the Internet, it's also an opportunity to deliver more than just value
Blockchain is very simple. To be specific, I put a sum of money in the bank (or in a cup). The bank is supposed to take good care of my money, but they often lend it to others on the sly. To earn intermediate investment returns, for example; Builders. When the builder made the money, he gave it to the government in the form of taxes, and then he gave it back to the bank with interest. Where do you think your money is at this point?
In the bank, if we go to the bank now and ask him to open the door of the vault, we will find that there is not so much money in it. Now governments all over the world are in debt, the total global debt is $164 trillion, so is that money going to the builders? No, you will only see beautiful bubbles, those so-called high housing prices are just illusory.
Where did the money go? In my hands, with only these opaque cups, I can cheat everyone's money into our hands. Back to your business. What exactly is blockchain? Is to replace all these opaque cups with transparent ones. Here we can always know where our money is, money will always belong to us and will not be cheated.