Totoro TOC Blockchain Academy - Core Values of Blockchain and Supervision of Digital Currency
Introduction: What is the core value of blockchain technology? Do digital currencies need to be regulated?
The core value of the blockchain
Having said so much, I haven’t left a key point. That is, the core value of blockchain comes from collaboration. It comes from post-confidence collaboration. That is, when people don’t believe each other, they can go to a collaborative effort to thing. The best example of this is Bitcoin.
From the very beginning, Bitcoin was decentralized. This was the first time that Satoshi Satoshi had played on his own and then sent out the first bitcoin to other people. Later, there were 1 to 2, 2 to 4, and finally millions. Tens of millions of people owned Bitcoin. Isn't this a kind of diffusion coordination?
Digital Currency Supervision
Do digital currencies need to be regulated? What kind of supervision is needed? The answer must be affirmative. It must be supervised, and it needs quite wise supervision.
From the perspective of nature and the universe, mankind has seen many changes since the millennium. The only constant is human nature. Then it's like a child always makes some naive mistakes, and there are collective blind people. So any product, any one thing needs supervision, but supervision is not a matter of management, it is wise to manage.
In the 1930s, the United States caused a world-wide financial crisis, the United States was very sad, and the stock market was full of expectations filled with various things.
Later everyone knew that there was a Kennedy president in the 1960s and his father was a stock manipulator. He had participated in various bad things and conspiracies that the stock market could do anyway. So Roosevelt appointed him to take charge of market rectification. As a result, we found that only experienced people are experienced, so he quickly managed this well.
Just as there is a saying now, it is the best way to let the bad guys who know everything manage other bad guys. Of course, no one is a bad person. It is just that everyone stands differently. The people with tokens should take the initiative to communicate with the regulators, and supervision should also allow tokenists to truly express their opinions, and even to assist in management, so that the world of tokens may be better.
Therefore, we hope that in the future we will usher in an era of regulatory norms. Everyone can participate in the business of tokens. Of course, this is a long way to go, but it always requires people to do it.