I just had dinner with a group of veteran crypto enthusiasts, and we reached a few conclusions. Last year, the number of Bitcoins in Asia decreased, while in North America, there were basically no losses (in coin terms). Projects invested in at the primary level in the previous two years still made a profit, whether it was Web3 or AI. One of the older guys said that Silicon Valley is a natural selection process, with the world's best talent and capital concentrated there. He also mentioned that he's going to spend a month or two in the US soon. They are all optimistic about Hong Kong. Several well-known OGs eventually decided to leave Singapore and settle in Hong Kong.