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oo 1 week ago
Those who try to suppress blockchain-based finance should look back at Kodak. Kodak was once the world's leading film manufacturer and a Fortune 500 company. However, the rise of new digital technologies failed to garner sufficient attention from Kodak. Digital technology, which doesn't require film, was devastating for Kodak, whose core business was film. Fearful and slow to react, Kodak missed the opportunity to transform itself in the face of emerging digital technology. Ultimately, film disappeared from the world, not digital cameras. The same thing will happen in the blockchain finance sector; what will ultimately disappear is traditional finance, not Bitcoin. image

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oo 6 days ago
The battle between traditional finance and blockchain finance has only just begun, and it will be a long and fierce struggle. The old guard will not easily relinquish such astronomical wealth. / If horse-drawn carriages disappeared, would people stop traveling? Of course not; they would switch to cars and trains. The wealth that originally belonged to horse-drawn carriages didn't disappear; it simply transferred to giants in the emerging automotive technology field. / If film disappeared, would people stop taking pictures? Of course not; they would switch to digital cameras. The wealth that originally belonged to film and film cameras didn't disappear; it simply transferred to giants in the emerging digital camera technology field. Similarly, if traditional banks disappeared, would people still need finance? Of course they would; they would use blockchain-based financial services. The enormous wealth that originally belonged to traditional financial giants wouldn't disappear; it simply transferred to financial elites in blockchain technology. / Among the unsung heroes who have mastered this technology, some will become giants of the future financial world in this massive transfer of wealth.