There are countless popular science articles on the blockchain, but no matter how crazy the blockchain can make these bigwigs, the onlookers still say they can’t understand

Two days ago, a friend told me that now I see the chat records in various "three o'clock" WeChat groups and I don't want to click on them anymore. Is it because the opinions in the group are greater than the real dry goods, so much has been said, it still makes people confused.

There are countless popular science articles on the blockchain, but no matter how crazy the blockchain can make these bigwigs, the onlookers still say they can’t understand it. On Monday, I met a blockchain practitioner. When he saw me, he said, "You must not believe in blockchain. People who believe in it are completely different from those who don't."

In just ten days, there have been several blockchain debates. Those in the three o'clock group can be called "on-site chats", and those not in the group are called "off-site chats". Everyone's views are colliding, truth or fallacy, everything is still unknown.

Talk about blockchain every day, where is the application scenario?

One of the most important reasons why the blockchain is questioned is that there are no practical application scenarios, and ordinary people cannot see the possible value. So in the eyes of these experts, where are the application scenarios of blockchain most likely to appear?

Shuai Chu, the founder of Quantum Chain, said: The evolution of the entire blockchain technology is still in its early stages, just like the Internet era 20 years ago. At that time, we could not have imagined that there would be an application like Uber on the Internet. The development of technology has given everyone a richer diversity. Possibilities are the future.

Now, cryptocurrencies are to the blockchain what Email is to the Internet. The future development of blockchain will certainly not stop at cryptocurrency. From the perspective of scenarios, the biggest feature of blockchain technology is that it guarantees a Trustless Platform (trust-free platform) through various technologies, reducing the cost of all commercial transactions.

Xue Manzi, the most famous flag bearer of the blockchain, has a similar view to Shuai Chu. He also believes that it is still quite difficult to implement all applications at present, and the reason is that there are still many problems in the public chain, including Bitcoin and Ethereum. Issues such as transaction fees, transaction confirmation time, and scalability have appeared on the market. Now public chains such as Quantum Chain and EOS are trying to solve these problems, but this is a long-distance race.

Are virtual currencies valuable?

The price of Bitcoin has been soaring all the way, many air coins have entered the market, and ICO is considered to be more deceptive than pyramid schemes... All kinds of opinions point to a question: Is virtual currency valuable?

Chen Weixing, the founder of Kuaidi Taxi, whose exposure rate has been greatly increased because of the quarrel with Zhu Xiaohu, said that he will never cash out the cryptocurrency he holds, and he will never cut leeks. But he has strong faith in these virtual currencies, and believes that "there will be no non-cryptocurrency money in the future."

The reason is that the existing currencies are all credit currencies, and the blockchain is a technology used to create credit. It has created a consensus among many people, and it can create something that everyone believes in, and through the liquidity of transactions, everyone can define a price as a unit of measurement.

Chen Weixing believes that traditional macroeconomics is based on the theory of a single currency, but in the multi-currency system under the blockchain environment, each payment does not necessarily use a single currency, so excessive savings in Bitcoin will not cause Compared with Bitcoin's deflation, because everyone can use thousands of payment methods such as eth and qtum. In this way, Bitcoin will no longer be a "single currency" in the future world, but a measure of various other values to measure their relative prices.

Xue Manzi's thoughts were completely different from Chen Weixing's. He said that he is not a believer in Bitcoin. He recommended Ripple three years ago because he saw Ripple’s ability to solve various problems in cross-border transactions, such as expensive, inconvenient, and time-consuming.

Mu Yan, the founder of Baihe.com, also has a different view from Chen Weixing, and is similar to Xue Manzi. He said that Bitcoin, as the starting point of the "big era" of the blockchain, has an antique value, that is, an asset value rather than a currency value.

Two days ago, the value of Bitcoin was also strongly criticized by Microsoft founder Bill Gates. Gates said that the "anonymity" of electronic cryptocurrencies will bring great social problems, which may make it difficult for many capital flows to be legally tracked, supervised, and used by criminals.

"This is a rare technology that causes death." Bill Gates said.

Will Blockchain Subvert BAT?

The Internet has been called the "classical Internet", and it seems that the blockchain will soon replace it. Anxiety has changed the mentality of Internet practitioners, and now they have to worry about BAT.

In a conversation, Cai Wensheng, the founder of Meitu Xiuxiu, asked Zeng Ming: BAT has not made any big moves (in terms of blockchain), is it because of policy reasons, or does it feel that the timing of the blockchain has not come yet?

Zeng Ming responded: "The core is that we have not seen the entry point. The innovation mechanism of large companies is different from that of the market. Whoever finds the actual big application will become a big company."

The question of who can become a big company has not yet been answered, but whether it can breed a big company, or even a company that subverts BAT, is the key to judging the potential of the blockchain. When answering Wang Feng's question from Linekong Interactive last night, Zeng Ming added a paragraph:

"To judge whether the blockchain is a disruptive technology, I personally feel that at this stage, it is still difficult to make a more confident judgment, and it still takes time to observe."

Xue Manzi once said that every investor hopes to invest in Ali, but it is really difficult. But he has unquestionable belief in the disruptive nature of blockchain. He said that the blockchain is a big event that really turned the table and smashed all the mahjong tiles on the table. Everything is back to zero. Up to BAT down to small businesses are on the same starting line. Everyone has a chance to make a BAT, especially BAT can't play this now. This is a big opportunity!

The impact of the blockchain on BAT is essentially an impact on the Internet. Shuai Chu’s opinion is: After decades of development of the Internet, various Internet companies have produced very useful products in the areas of people’s eating, drinking, entertainment, clothing, food, housing and transportation. There are so many opportunities. From this perspective, it is difficult for the blockchain to have any impact on BAT in a short period of time.

In addition, he also believes that from the perspective of the scenario, there is no opportunity to subvert the core business of BAT at this stage, because BAT solves some fundamental needs of human beings.

The three o'clock group has been active for half a month, and the believers in the blockchain have also imitated and built more groups. Every practitioner of the classical Internet, as long as he shows a little interest in the blockchain, he will be pulled into the professional and non-professional groups immediately. Fake news is being discussed.

All discussions cannot avoid these three questions. For example, if someone wants to ask whether ICO is a scam, they should first discuss the value and significance of virtual currency, then understand the possibility of project success, and finally look at the prospects of the industry. Even the most insightful academics are not guaranteed to come up with the right answer. At this time, the confrontation of viewpoints is particularly precious.