The virtual age is coming

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ChainCatcher
17 hours ago
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Recently, a statement by US Democratic candidate Harris has attracted the attention of many crypto ecosystem players. She publicly stated that the United States should maintain its lead in many fields, including new technologies such as blockchain.

This is the first time she has publicly expressed her positive views on encryption technology.

Seeing this statement reminded me of a recent question-and-answer session with an audience member during an online exchange.

At that time, an audience member asked me which of the two American candidates I thought was better?

My answer (roughly) is: Judging from the current situation (during the communication), Trump is very supportive of encryption technology, so it seems that Trump will be more friendly to the encryption ecosystem. But from the perspective of the US system, I think whoever comes to power in the end will not have a big hindering effect on the development of the encryption ecosystem.

The reason why I think so is simple:

Because with the booming development of encryption technology, a group of emerging technology capitalists in the encryption field are visibly rising in the United States. When these capitalists have wealth, they will inevitably use their wealth to influence American politicians and influence American industrial policies.

In this kind of exchange and compromise of interests, it is impossible for any American politician who comes to power to adopt extremely absurd, incredible, illogical, and unreasonable policies towards the crypto ecosystem.

Harris’s public shift now largely confirms my view.

In addition to the politicians' statements, I recently saw Larry Fink, the CEO and founder of BlackRock, talking about Bitcoin in an interview with Jim Cramer, and he generously admitted that his (negative) view of Bitcoin was wrong. It is precisely because of his recognition of his past mistakes that BlackRock's layout in the encryption field is now very generous and big.

All these signs clearly indicate that the American elite has completed a complete cognitive transformation of the crypto ecosystem from top to bottom.

It is almost certain that the center and leader of the crypto ecosystem has completely shifted to the United States.

From a global perspective, if the United States' attitude stabilizes, there will be no major obstacles to the development of the crypto ecosystem in the general direction.

The development of encryption technology will surely accelerate from now on.

There was another very shocking news yesterday. Meta released a pair of amazing AR glasses with AI functions. Although these glasses still have some flaws in terms of resolution, they have greatly surpassed Apple's Vision Pro in terms of size, weight, portability, and ease of use.

What's more, it only costs $299.

Judging from the relevant videos released by Meta, by wearing the glasses, people can immerse themselves in an unprecedented wonderful experience of mixing reality and virtuality.

In my opinion, this is not only an advancement of AR/VR products, but also means that the virtual reality world is already within our reach.

The rapid development of encryption technology, the rapid progress of AR technology, and the rapid advancement of AI technology all make me feel that the virtual world is roaring towards us.

More importantly, in this upcoming virtual world, what kind of interactions and chemical reactions will occur between people, machines, intelligence and crypto assets are difficult for us to imagine now.

I think that within five years, human society may usher in an unimaginable new world.

Back to reality, it is a bit regrettable that some of the leaders in these fields originated in our country but eventually moved to the United States, while some simply found a better environment in the United States.

This reminds me of what Fisher and Buffett believed, and what I wrote in my article on the 24th:

(In Fisher's words) as long as American society always believes that capitalist free economy can create miracles or (in Buffett's words) as long as the United States always adheres to market economy and the rule of law, then American companies will continue to create miracles and wealth .

For us personally, in this difficult environment, we must persist in living well. I believe that our generation will soon see miracles that our predecessors have never seen. As long as we can survive until tomorrow, we will see new hope.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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