李笑来区块链小白书,区块链 李波

① Who is Li Xiaolai

Li Xiaolai is a best-selling author, blockchain expert, and angel investor.

Li Xiaolai, male, Korean, born on July 12, 1972, native of Jilin, is a best-selling author, blockchain expert, and angel investor. Founder of INBlockchain Coin Capital, invested in blockchain projects. He once revealed in a CCTV interview that he owned six digits of Bitcoin.

Published and distributed many best-selling books such as "Treat Time as a Friend", "The Road to Financial Freedom" and "Self-Study is a Craft", which have inspired a generation of Chinese people to grow up throughout their lives.

Li Xiaolai’s biography

In 1997, Li Xiaolai served as the general manager of Shenyang Bosheng Technology Co., Ltd.

From 2001 to 2008, Li Xiaolai joined New Oriental Education Group as a senior teacher abroad.

In July 2016, Li Xiaolai opened a column "The Road to Financial Freedom" in Dede App.

On August 30, 2017, Li Xiaolai’s investment platform ICOINFO suspended its ICO business.

In January 2018, Li Xiaolai promoted the ICO project Candy initiated by him in the form of candy.

In September 2018, Li Xiaolai published "The Self-cultivation of Leeks".

In 2020, Li Xiaolai published "Let Time Accompany You to Get Rich Slowly - Fixed Investment Changes Destiny" and "WeChat Internet Civilian Entrepreneurship".

In 2021, Li Xiaolai launched "Lessons within Classes" and "The Most Important Lesson in Life" in the [Fixed Investment Life Classroom].

In 2022, Li Xiaolai founded the family education community [Family Growth Community], with the supporting course "Good Family Education".

② Who is Li Xiaolai?

Li Xiaolai is a legendary figure, and his name is heard in the currency circle like thunder. So who is he? Does it have three heads and six arms?

In people’s minds, he is a big brother in the currency circle; in the introduction on the Internet, he is the former famous teacher of New Oriental, the “richest man in Bitcoin in China”, a famous angel investor, a best-selling author, and a love storyteller. Founder of Feiyi (Beijing) Technology Co., Ltd.

Who knows that Li Xiaolai studied accounting in college, but after graduation he went into sales. In 1997, he joined New Oriental and became one of its best teachers. Speaking of which, do you have any questions about why a person who studied accounting became a blockchain expert? Became the most popular master in the currency circle? Why do so many people who major in computer science or finance fail to become leaders in blockchain? In this world, legendary leaders often do not come from professional backgrounds. They are a combination of experience, resume, chance and luck. At this time, you may think of Jack Ma, a student who took three college entrance examinations before being admitted to a junior college; a student who only scored 1 point in mathematics in the first college entrance examination and failed in mathematics in the second college entrance examination.A poor student with only 19 points, an English teacher, and a person who barely knows how to use a computer can actually surpass many elites in the computer industry and found Alibaba and Tmall Taobao, becoming the greatest person in the world. one of the entrepreneurs. see it? One of the biggest things they have in common is that they both understand English, and not just in general. Both of them are unusually sensitive to new things, and more importantly, they both actively practice them.

According to Li Xiaolai’s own statement, when he first came into contact with Bitcoin, it took him 6 months but he didn’t understand it. So why in this situation is he willing to take the time to understand and practice it? It is indeed incredible... Is there really a goddess of fate who favors him in the dark?

On December 4, 2013, Li Xiaolai, a self-deprecating Bitcoin player, introduced Bitcoin at Tsinghua University, “I’m not here to tell you to join the market.” The man who is said to own the largest number of Bitcoins in China The person corrected the audience’s “Bitcoin view” in an infectious tone. In an article, he once explained his “belief” in Bitcoin: “I think the reason why I can persist until now is because I do not regard Bitcoin as money, but as a beautiful thing. It’s an idea, a great social experiment, you can think about it and verify it every day, and it’s endless fun.” Why did the prestigious Tsinghua University invite Li Xiaolai to give a lecture? Because in this field, he has reached a high point. Why? Because he is not only a great pioneer, but also a great practitioner.

He did not beautify the risks involved. He once warned investors that working to make money comes first and playing with money second; that is, no one should indulge in this wholeheartedly because the risk is too high. It is said that he also said that you can play with coins, but don't use your life-saving money, use your very free money to do it. This shows that he is fully aware of the dangers of the currency industry and has warned enthusiastic speculators very early on.

In June and July this year, Li Xiaolai’s two major ICO projects became the most criticized by the market. As the most well-known figure in the industry, his EOS and Press.One, and his hidden ambition to subvert the existing unwritten rules of the market, caused a storm in the market. Because of its unconventional approach and its logic of constantly challenging and breaking through market conventions (does this conventional logic limit people's thinking boundaries?), it fills people with fear of changing the status quo.

When it comes to the risks of ICO, Li Xiaolai said that more than 4,000 exchanges around the world trade tens of thousands of virtual assets, but only a thousand percent of them are truly valuable, or recognized by the market. one. In this emerging world, the vast majority of investors are not qualified investors. They care more about rumors of 10 times, 50 times, and 100 times, and do not care at all about the numbers in front of you. Among the tens of thousands of ICO virtual assets traded around the world, it is not 99%, but 99.9%.In fact, it is very difficult. But do investors who are addicted to the freedom of wealth have a premonition of the huge risks contained in the market? A cutting-edge market without regulators, a bunch of game rules that are not familiar to the outside world, a set of incomprehensible plans to get rich, each one Do investors who have taken over high positions think that which story is closer to them is getting rich overnight or getting rich all over the place? Have we paid attention to and understood Li Xiaolai’s warning?

In December 2016, I came into contact with Teacher Le Jing’s English class - my first original (English) book in Youdao Classroom. Teacher Li Xiaolai provided auxiliary guidance and explanation. That was the first time I heard Teacher Li Xiaolai give a lecture. He talked about the benefits of learning English in his always modest and cautious tone. I didn’t realize at the time that this man was China’s richest man in Bitcoin. Later I learned that he is not only an excellent lecturer, but also a best-selling author, including "21-Day Breakthrough in TOEFL Core Vocabulary", "TOEFL High Score Essay", "Treat Time as a Friend", "SAT Official Guide to the Complete Guide" "Study", "New TOEFL iBT Vocabulary Classification Breakthrough", etc., and these books have always been at the top of the sales list of similar books. His teaching style is simple and effective. Please note that he pays special attention to cultivating students' independent thinking ability and starts everything from a unique perspective.

It is the ability to think independently and to approach everything from a unique perspective that has made Li Xiaolai what he is today.

I think that after all of Li Xiaolai’s titles, such a title should be added - China’s Bitcoin and Blockchain Pioneer! He is a great explorer who is at the forefront of this field in both thought and behavior! A great practitioner!

We should have enough respect for the pioneers.

We will wait and see what kind of subversion Li Xiaolai will bring to our world in the future!

③ Li Xiaolai once owned 100,000 Bitcoins and cashed out 13.5 billion before retreating. What happens now?

The Internet has gradually developed around the world since the 1990s, and its derivative Internet The economy gives people the possibility to create wealth. Jack Ma, Ma Huateng, Liu Qiangdong, etc. did not make their fortunes by relying on the traditional real estate and energy industries, but relied on the Internet to become rich in the trend of the times. In recent years, the Internet has derived a new product - virtual currency. This product may even make you rich overnight!

④ The young man who bought 100,000 Bitcoins but was laughed at for more than ten years, what happened to him after he became rich

I believe many people Some people have had this idea, but in reality there is no pie-in-the-sky thing. It is more about getting rich by being down-to-earth. However, there are always exceptions. For example, some people buy lottery tickets or make investments, and the income is a hundred times a thousand times. Yes, today I’m going to talk about a teacher who was once considered a fool. He bought 100,000 Bitcoins and was ridiculed.laugh. The generation of Bitcoin only needs to rely on a specific algorithm and a large amount of calculations to generate it. Because the total quantity is limited, the extremely scarce Bitcoin has naturally become a direction for investment. After all, scarcity is valuable

⑤ "Towards Freedom of Wealth" by billionaire Li Xiaolai 》Road

The reviews of "Li Xiaolai" on the Internet are mixed, but let me state first that I personally prefer Li Xiaolai.

The best way to understand a person is to live or work with him for a period of time, and the second is to read the books and articles he has written.

For those celebrities and celebrities, ordinary people like me cannot live and work with them, so we have no choice but to read his books and articles.

I first met Li Xiaolai on Get, a paid knowledge app, and the first paid column I bought on Get was Li Xiaolai's "Road to Financial Freedom" column.

Don’t be misled by the words “wealth freedom”. The focus of this column is on the last two words, which are the two words “road”.

After learning the 52 abstract concepts in the column "The Road to Financial Freedom", my understanding of money has completely subverted all my previous understandings of this aspect.

For example, the abstract concepts proposed in it such as "attention > time > money" and "paying means getting a bargain" gave me an enlightening cognitive subversion. Concepts like this, if no one Let me tell you, I don’t know it at all. Even if I finally know it, I may still have a partial understanding or even a misunderstanding. However, "The Road to Financial Freedom" can explain these concepts clearly from many aspects.

I have bought several paid columns like Li Xiaolai's "The Road to Wealth and Freedom" on the Internet, but I am still deeply impressed. The one that has changed the most is still Li Xiaolai's "The Road to Wealth." the road of freedom".

After the column was updated, "The Road to Financial Freedom" was compiled into a book and published. The title of the book is "The Road to Financial Freedom". Interested friends can buy it. Take a look, subscribe to the column easily and directly on Get.

The most well-known identity of Li Xiaolai on the Internet is probably that he is the "richest man in Bitcoin in China". The rhetoric on the Internet is: "Li Xiaolai is called the richest man in Bitcoin in China". Regarding this identity Li Xiaolai himself neither admitted nor agreed. After reading a large number of Li Xiaolai's books and many scattered articles, I feel that Li Xiaolai is more like an "educator", that is, a teacher and a "writer".

When Li Xiaolai was in his junior year, he saw in the newspaper that a new but unfinished Huazheng wholesale market near Changchun Railway Station was attracting investment, so he ran to the general manager of Huazheng and said: "I can go back to my hometown to help you attract investment.How much commission do I have?" Huazheng's tall female manager was stunned for a moment and said, "You are so young, is that okay? However, if you can do it, we will sign a contract and give you a 10% commission." With the contract in hand, Li Xiaolai asked for leave and returned to his hometown of Yanji. He borrowed money to publish an advertisement in the Yanbian Daily, and then went to the best restaurant in the city I rented a room in the hotel and started "recruiting business." Within a week or so, Li Xiaolai sold more than 200,000 yuan and received a commission of more than 20,000 yuan. But what about Li Xiaolai? He didn't ask for cash and changed to a small counter with a good location. Come out - that was 1994.

This can be said to be Li Xiaolai's first pot of gold, but the good times did not last long. In 1995, Li Xiaolai encountered a "disaster" - The money earned by several of his friends from the clothing wholesale business in Huazheng "disappeared". As a result, more than 100,000 yuan disappeared, which is equivalent to more than a year of work in vain. Not only was it in vain, but there was also debt. This directly led to the graduation of college Later, Li Xiaolai would not be able to pay off his debts just by "finding a job." At that time, he was working in a bank, and his monthly salary was only a few hundred yuan. With that salary, Li Xiaolai would never be able to pay off his debts in his lifetime. Debt. Pressure can be converted into motivation. Without these pressures, Li Xiaolai might actually find a job. But with this kind of pressure, finding a job is impossible, so Li Xiaolai had to find a way to start a business - At that time, people There is no need to use the word "entrepreneurship" - after a few rounds, I went to Sanhao Street in Shenyang and started selling CDs...

Around 1997, I, Li Xiaolai, had already earned millions in cash. ——At that time, Li Xiaolai was already the general agent of the Northeast District of Golden Eagle Board... But an unexpected incident quickly reduced his savings to zero in the next two or three years—— Li Xiaolai's father fell ill. < br />
After his father fell ill, Li Xiaolai sold the counter, stall and company on Sanhao Street in Shenyang and returned to his hometown. During those three years, Li Xiaolai opened a computer company and an Internet cafe in Yanji... Anyway, he was just trying to find ways to make money, thinking that it was not his fault, it was just a "natural disaster" or "force majeure." In the end, Li Xiaolai still found a way to make money faster than others. He read an English article on the Internet , I figured out how to build a diskless network in one night (RPL and PXE are concepts that few people know now). The cost of building an Internet cafe is much lower than others, so the profit is of course much higher... But the good times didn't last long. First, I met a liar named Zou Lianjun (people are embarrassed to tell others the detailed process of being deceived after being deceived), and then they met a policeman named Zhao, who forbade him from building a diskless network for unknown reasons. . This made Li Xiaolai completely zero again and in debt again.

So Li Xiaolai had to find a way to find a high-paying and stable "job" - and later went to New Oriental for seven years. This was Li Xiaolai’s only working experience in his life.

The seven years in New Oriental were the seven years for Li Xiaolai to rest and recuperate. No matter how many disgusting things Li Xiaolai encountered at New Oriental, he was always grateful to my former boss Yu Minhong, because those things were really "nothing" compared to what he encountered outside. Although the remuneration at New Oriental was very high (compared to the entire training industry), it was not enough for Li Xiaolai, so he began to think about a way to sell his time countless times - writing books. As for what happened next, that is, what happened after Li Xiaolai left New Oriental, I think everyone knows a little about it, so I won’t go into details here.

1. "TOEFL Core Vocabulary Breakthrough in 21 Days" (2005)

2. "TOEFL iBT High Score Essay" (2005)

3. "SAT OG Vocabulary Companion" (2008)

4. "Treat Time as a Friend" (2009)

5. "New TOEFL iBT Vocabulary Classification Breakthrough" (2010)

6. "New SAT Official Guide Full Course Guide" (2010) [12]

7. "Chinese Conversation" (2011 )

8. "Chinese Grammar" (2011)

9. "Rebirth - Seven Years is a Lifetime" (2015)

10. "Everyone Can Use English" (2016)

11. "Stanford University Entrepreneurship Growth Course" (2016)

12. "Wealth Freedom" "Road" (2017)

13. "Self-cultivation of Leeks" (2018) [19]

14. "Self-study is a craft" (2019)< br />
15. "Blockchain Little White Book" (2019)

16. "Let Time Accompany You to Become Rich Slowly" (2020)
< br /> Among the 16 books written by Li Xiaolai, only the 1st, 2nd, 3rd, 5th, 6th, 7th and 8th ones I have not bought and read. The one I have read that changed my perception is undoubtedly " There are four books: "Treat Time as a Friend", "The Road to Financial Freedom", "Self-Study is a Craft", and "Let Time Slowly Accompany You to Become Rich".

If you want to know more about billionaire Li Xiaolai, it is recommended to buy and read these four books by him.

…

⑥ Several celebrities who gave speeches in the currency circle

Li Xiaolai is a veteran figure in the currency circle. Needless to say, his deeds need not be said. He participated in Or the project on the platform has EOS, BigOne, SBTC forked currency, Xiongan Fund, Coin Capital, etc. He is one of the guides for many people to enter the currency circle, and he is a person close to belief in the currency circle. However, teacher Li Xiaolai has also been controversial. The EOS project raised US$185 million in just 5 days. At the peak of its popularity in 2017, the market value of the project once reached US$5 billion. However, in 2018, it was named and criticized by Chen Weixing as "the largest air coin in history" and it continued to fall. After the recording of teacher Li Xiaolai's attack on the currency circle leaked in July, he also firmly denied that he regarded retail investors as "leeks"; however, it didn't take long before "The Self-cultivation of Leeks" was put on the market; in the early morning of September 30, Teacher Li Xiaolai quit the currency circle on Weibo; .... From giving a speech for the Hangzhou Ten Billion Blockchain Fund at the beginning of this year, to the recording incident that shocked the entire currency circle in July, and then exchanged words with Chen Weixing. After losing his title as a partner of Xiong'an Fund, he announced in September that he was leaving the cryptocurrency industry with no platform. Finally, he publicly addressed hot topics in blockchain at a new book launch conference. Li Xiaolai alone is enough to handle the currency circle’s traffic for a whole year. 2. Chen Weixing He is a strong-mouthed king who was born in the currency circle. He once co-created the era of mutual hostility with the richest man in Bitcoin, Li Xiaolai. He is good at seizing every opportunity to become popular, and often speaks out wildly, and has carved out his own unique path to Internet celebrity in the wave of mixed praise and praise. Even if the ride-hailing chain cannot escape the fate of premature death, Chen Daonun’s name should be remembered by the currency circle. 3. Zhang Jian came with the power of thunder, but left quietly, waving his sleeves and not taking away a single cloud. He is the former CTO of Huobi. After leaving his job, he founded the Fcoin exchange and led the trend of "trading as mining". When FCoin was at its most prosperous, voting for listing could clog up the Ethereum network, and its trading volume was greater than the combined total of Binance, OKEX, and Huobi. Fcoin's platform currency FT was also very popular at the time. Youbao Erye and others cheered for it, the price continued to rise, and a large number of investors bought it. Unfortunately, the good times did not last long. FT began to fall on June 15, and fell by 90% in just ten minutes on July 20, leaving many investors bankrupt. But in the face of the defenders, Fcoin and Zhang Jian magically disappeared. In August, investors discovered that the company’s office in Wangjing was empty.
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⑦ This is an era of cognitive asymmetry

When I saw this title, I saw the above investment in Wang Lijie, a foreigner. In short, do you also have the same touching feeling as me? When I look back, I have not kept up with my decision-making because of my cognitive level. Have we lost a lot of good opportunities? For example, Google in the stock market , Tencent, even Moutai, as well as Bitcoin, Ethereum, EOS, and IOTA in the blockchain world, we have missed too much. So this is really not an era where you can make money by relying on information asymmetry, but an era of cognitive asymmetry. Even if you are the best friend, you introduce him toRegarding Bitcoin, he said that Bitcoin would definitely rise to 100,000 yuan, but he didn’t believe it, “Give me Bitcoin, I don’t want it.” I have always been puzzled by my "sister". When I talk too much, others are particularly disgusted and think that I am seeking my own benefit. Now I finally understand that this era is an era of cognitive asymmetry.

Since Internet information has become extremely transparent, the era of making money by relying on information asymmetry has passed. For example, if you see a piece of clothing on the market, you can scan it with your mobile phone at any time and you can see the price on Taobao. Just compare them to see if they are expensive or not. Nowadays, all the money you make by relying on information asymmetry is small money, but the money you make by relying on cognitive ability is the real money. The same length of time is exchanged for "the possibility of unlimited returns", which is called making money.
We have to think about it, why have humans not had large-scale wars in the past few decades? That's because we have opened the magic box of the technological revolution. People no longer have to rely on the sky for food. When times are bad, they no longer have to rob other nations of their resources to survive. The second industrial revolution first invented the steam engine, which liberated our physical strength. Now artificial intelligence has begun to liberate our brain power. At the same time, genetic engineering and urban three-dimensional farms can produce various high-quality foods, and most types of human beings will no longer exist. Believe in God, do not believe in God, but choose to believe in yourself.
We are so confident, why do we still become leek in the investment market? Personally, I think: First, due to different education levels and different learning abilities, each of us has a different cognitive level. Second, our evolved emotions have given us cognitive shielding. Whatever stocks or tokens we have in our hands will Thinking that your own is the best, the third is the Lake Wobegon Effect mentioned in psychology, which means that people always overestimate their actual level. Few people examine their own human weaknesses. Every one of us has problems of greed, anger, and delusion, but we rarely reflect on ourselves. Fluctuations in the market often cause emotional fluctuations.

Being open-minded and eager to learn should be the most important thing. Li Xiao said that we should constantly upgrade our brain operating system. Yes, computers will be updated every year. Have you upgraded your brain? Are your thoughts still in the agricultural age? Do you believe in the system, believe in relationships, and believe that as long as you perform well at work, you will have a good future? So in order to upgrade our brain operating system, we need to learn multidisciplinary knowledge and have multidisciplinary thinking skills, instead of looking for nails with a hammer. People think that they really need a faster carriage, but in fact, they are not. It just needs to be faster, not necessarily with a horse-drawn carriage. The knowledge you need now is not what the teachers taught you in school. So what if you can memorize it? It must be integrated. I personally think that by understanding the two basic concepts of what is Bitcoin and what is blockchain, we can open up the knowledge of various disciplines, instead of just looking at it here.
The other thing is to improve your cognitive level through practice. Watch videos online and learn about travelYou can never learn to swim unless you jump into the water and swim. Only by mobilizing our full awareness, coordinating our actions, constantly summarizing, and constantly practicing can we continuously improve our understanding. So when investing in the blockchain, I encountered something that made me reflect. The reason is that I always wanted to buy Bitcoin low and sell it high. If I didn't do it, I would be very sad until I seriously went to the Buddhist temple to study Buddhism and kept learning at the same time. What is Bitcoin? I deepened my understanding of it and adjusted my mental state and operating methods. As a result, I no longer have to pay attention to the market all the time, and I no longer have to work hard to operate the bands. The method becomes extremely simple: hold the Bitcoin in your hand until it reaches $100,000 each. Now we have passed two major fluctuation cycles, one is the big fluctuation in 2013, and the other is the fluctuation since September 4 this year. The rest of the time is spent reading, writing, making friends, and constantly improving one's cognitive level through practice.
To reconstruct the core worldview, yes, we must think about some philosophical and religious issues. Who am I? Where do I come from and where do I want to go? There is a saying in the book "Principles": I am nothing, and at the same time, I am everything. I deeply agree and understand that all things have the same origin. For example, when I take a breath now, there are more than 1,000 same atoms as the atoms that Genghis Khan breathed in history. The atoms in my body may have also been in the dinosaurs of the dinosaur age. More atoms in our bodies came from the big explosion of the same black hole. In philosophy, what can we learn from Diogenes, the philosopher who lived in a barrel? How to not be controlled by external objects? What is most important in life? What is happiness? What is the balance between happiness and joy? If we don't think clearly, our cognition must not have been upgraded to a new level. When humans think, God laughs, so what, I think, therefore I am. Yes, we have to encounter a lot of unsatisfactory things in order to grow, so we really can’t force it.
Another way is to ask more talented people in real life, pay more for subscriptions, and join high-quality WeChat groups. A group of people help each other and move forward together. This is also a good way. I also do this, pay for subscriptions, I may not buy the best clothes, but now I will definitely pay money to the Internet guru, hoping to understand some of his new insights.

This is an era of cognitive asymmetry. I firmly believe that the methods to improve cognition have also been shared. Maybe I will continue to modify it, because I will iteratively upgrade! Hope to communicate more with you all.

⑧ How is Li Xiaolai, who turned from a teacher to "China's richest man in Bitcoin", now?

The rapid development of the Internet has allowed China to quickly integrate into the world. Faced with the challenges of the rise of new things, many new opportunities and development directions have also emerged. It takes a long time for something to come from nothing. The Internet economy is particularly outstanding in this regard. "Online" is called an essential element in people's lives. We teach online and shop online. Such platforms emerge in endlessly. Those who dare to be the first to eat crabs are now mostly successful.Become famous and be on the rich list.

In 2008, Japanese-American Satoshi Nakamoto proposed the online virtual currency-Bitcoin. It became popular all over the world. In China, a famous New Oriental teacher named Li Xiaolai knocked on the door of the Bitcoin world by chance. Now, with 10 Bitcoins in his hand, he is known as the "Bitcoin richest man in China."

In July 2018, Li Xiaolai’s conversation recording was exposed. In the 50-minute recording, he used profanity and said that “only speculation can lead to success.” Success is to fool fools. The success of opportunism can only be temporary, not long-lasting. Faced with public doubts about the number of Bitcoins he held, Li Xiaolai later said that he no longer had any. He believed that today's Bitcoins can also be called a "scam." He entered the market early and accumulated wealth. , escaped in time, showing the shrewdness of a businessman. There is no doubt that Li Xiaolai was lucky to have successfully sailed ashore in the wave of the Internet. If you want to succeed, you still have to keep your feet on the ground.

⑨ Li Xiaolai revealed the shady secrets of the industry and tore up half of the currency circle with his own hands! ! (Micro-computing power)

Yesterday, a recording of what appeared to be "Li Xiaolai" "cutting leeks" went viral in major WeChat groups. In the recording, "Li Xiaolai" was full of swear words, including MB, SB, TMD, JB... every word he said kept coming out of his mouth.

Although the recording was a little unclear, it conveyed a lot of industry secrets: He said that talking about value investing must be wrong! Blockchain consensus is worthless! Why did Uncle Cat become a boss? Exposed the inside story of Sun Yuchen, Cai Wensheng and others... At the same time, "Li Xiaolai" also admitted that he was the first person to sell air coins.

In the recording, "Li Xiaolai" was full of "copper smell" and arrogance. It can be heard from the recording that this recording was probably secretly recorded during the Spring Festival. Now that it has been exposed, who did it? And for what? Quite intriguing.

Li Xiaolai also shared the news in his circle of friends, saying it was "embarrassing." If it was really Li Xiaolai in the recording, it would be more than just embarrassing.

It must be wrong to say value investing

If you follow the trend and believe that value investing is right, then you are destined to be a mediocre person. I can’t say this in public, but the reason is very simple. What are the results of value investing when you talk about it, MB? There are a lot of good coins that you simply can’t invest. The most important point I want to tell you today is that I, CAO, you are definitely wrong to just follow the crowd. Then you must be wrong when you talk about value investing here.

Blockchain consensus is worthless

So that’s it, it’s very simple to show you the way, just to achieve that goal in this world. Several things are needed, what is the first thing? You must be an Internet celebrity. In the end, the biggest value in the blockchain is called consensus value. OK, what does consensus mean? It does notIt’s valuable, but with so many people believing it, it becomes valuable in the end.

I would give them another explanation in public. I said (inaudible 00:04:32) why did it go up? In the end, the explanation is simple: there are too many idiots. Consensus value, SB’s consensus is also consensus.

There are many people. Yes, there are too many SBs, so if there is a consensus among SBs, they will also produce value. As people who think we are not SBs, we must also accept this fact. This is the case.

I am the one who made Uncle Cat famous

So let me give you another example. The Uncle Cat you know was not so big before a certain point in time. Influence, but after a certain point in time, it began to have explosive influence. How did it come about? At the end of 2015, I created a Bitcoin Survival Guide group, a paid group with hundreds of people, and I handed it over to him, and then he became the group leader.

Everyone was inside, and he expressed some opinions of his own, and the general trend pushed him up, because he said those few coins were good, so everyone bought those coins. The general trend is pushing forward, and everyone is getting rich. If you don't believe him, who can you believe?

Big IP. Right, so that's what it looks like in the end.

I am actually an internet celebrity

The next thing is still the same. Whoever has influence will ultimately have resistance. Why have I made it this far? I'm actually an internet celebrity. Yes, this attribute is always there.

I have my readers, I have a large readership. You think in the real world, my amount is nothing, but in this world, who has 1 million readers like me?

So when the big guys came, I was still standing there, and my influence became greater than before. In fact, I know that you have core competition. You have a certain amount of traffic, and these traffics are high-value traffic. So your core competition is here. Now what’s next? How can you deceive this matter? Don't interpret deception as a derogatory meaning.

I am the first person to sell air coins

This is something that cannot be said in private. I am the first person to sell him air coins. We give him He sold air coins for six months. Of course, if he were like now, he would directly tell me to create an ecology, and I would go and wait until you finish.

Success is only achieved by making money

Very ruthless, very ruthless. Then if you go to see Justin Sun, you don’t need to talk about it. He must be cheating. Damn it, the maximum is 14 billion. Who looks at it and who is confused, and to what extent? Even though I know he is a liar, I am embarrassed to call him a liar, because I am afraid that others will call me BS.

So this time of speculationWhen you don't do it. I don’t care whether you speculate or invest. Success is the one who makes money. You can also fail in investing, and you can also succeed in speculation. In the end, I will tell you a lot about the world view. If you, CAO, don’t make money, what’s the point of investing? The core purpose is to make money.

National policies are our protective umbrella

In fact, it is like this, that is to say, as long as the country has not liberalized its policies, they will be a vulnerable group. There is no need to think about them. No matter how they shout, no matter how big they are, no matter how far their voices travel, they are all serving us. They can't do it themselves. This is the first one.

The second thing is like this, one day the national policy will be liberalized, but there will still be nothing wrong with them? The largest exchanges are definitely Shenzhen and Shanghai Stock Exchange. So in fact, what is happening now is that everyone wants to rebel. National policies are our umbrella. Without these national policies, there would be such obstruction.

I, CAO, are not qualified to do this. I talk about national policies all day long. What I say to you, SB, is that this is all for your own good.

If you want to do something, you must be the first!

Yes, it’s driven by curiosity, I just want to know what happens next. I just want to know how much I can make, I don’t know. Another thing is that people who have been number one, even people who have been number one for a long time, all have the same mentality. I am willing to be surpassed, but I cannot bear to be surpassed, so I am either here or starting over in another place. So not only must we be first, but we must also accelerate this acceleration.

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