As Christmas is approaching, major project parties and exchanges have also begun to make efforts to carry out activities, and various airdrops have made investors feel soft.
But under this momentum, we can find that in every activity back and forth, the “old leeks” are constantly harvesting, and the “new leeks” are always experimenting with small amounts, and outsiders continue to wait and see.
What is the reason for this?
In this issue, we will take “Islands of Value” as the main topic to talk about the difficulties encountered by the blockchain now.
After this strong rise, Bitcoin’s price has increased by more than 9 million times compared with the initial currency issue, and it has become the world’s 13th largest asset. Many of us have actually entered the currency circle and even the chain by understanding Bitcoin. Circle, it is not difficult to find that the currency circle and the chain circle have always maintained a balance, and the two sides have formed an island with each other.
The currency circle mainly attracts speculators, miners, developers and other early participants with digital currency as their main beliefs. They have contributed to the driving productivity under all current booms, from mining to projects, to capital entry. It looks like a coin ring, but it has also become its fatal flaw.
Even if PayPal, Visa, PricewaterhouseCoopers and other giants enter the market, they only increase the number of people on the island. It is still too early to make the island a mainland. So far the major currency holders are mainly institutions, from retail investors. It can be seen from the proportion of the number and the amount of funds held that the currency circle is only a game played by some people, and it has not yet reached the point where people are willing to invest assets.
Let’s talk about the chain circle. Most of the people in the chain circle are technology practitioners and companies. They are not so interested in speculating coins. Instead, they contribute to technology research and development and the empowerment of physical industries, such as applying blockchain to the industrial Internet. , Physical finance and other fields, as well as allowing people to use blockchain technology in their daily lives.
The companies they are doing include some well-known large companies like Google, Amazon, Ali, Tencent, Baidu, JD, etc. There are also some teachers and lawyers who study blockchain technology. They do not issue coins, but contribute to the blockchain. Industry’s cutting-edge knowledge sharing and technical reserves. But the same problem is that the connection between the chain circle and the currency circle does not seem to be big, which has also become the reason why they are self-contained.
Another is the environment outside of the blockchain, including traditional industries and the Internet, and has expertise in its own field, but it can be said that the blockchain is zero-based, and even I have only heard the name of Bitcoin. I am not willing Enter the blockchain industry.
This situation is not rare, especially now that Bitcoin is skyrocketing, behind it is that funds from countless projects have been drawn. It is nothing more than a group of people who have switched from one project to another, without introducing fresh blood from the traditional industry.
This has also led to people outside the blockchain becoming the largest island in the world.
To solve the problem of the three isolated islands fighting each other, I think there are mainly the following ways:
1. Improve the security of funds. Only by ensuring the safety of funds can people be willing to put in funds, otherwise the frequent occurrence of hackers sucking out a large amount of funds will cause people to be repelled.
2. Lower the operating threshold. Whether it is the application of the currency circle or the chain circle, the current threshold for the operation of the public is so high that it is difficult to learn.
3. Add more application scenarios. Although there have been outbreaks of DeFi, NFT, etc., and the digital renminbi is also being piloted, the application scenarios are still weak, and the public does not feel the practical significance of it.
4. Add more learning sharing sessions and tutorials. Let people increase their knowledge and operation of the blockchain through systematic learning, instead of just targeting the “old leeks in the currency circle” who have already entered the market as it is now.
This is my analysis of the current situation in the blockchain industry. Value islands are in fact common in all walks of life, but the proportion in the blockchain industry today is too unbalanced, so I have my topic today.
Value brings new productivity, and islands are gradually merged into the mainland through long-term efforts. Now if privacy computing and digital identity mature, it will be a good breakthrough, but we can only measure the unknown by time. , Watching it change step by step.
Cloud computing is like this, AI is like this, quantum computing is like this, the blockchain also needs us to give it enough time to witness its greatness.
