What do more than 20 big Vs like Ba Shusong and Huo Ju think about Bitcoin? Come and listen!

In late May and early June, Bitcoin experienced two rounds of sharp increases. At the end of May, the price of Bitcoin jumped to over 3,000 yuan. On June 12, the price of Bitcoin reached over 4,800 yuan, approaching the 5,000 yuan mark, breaking the highest price in two years. The attention paid to Bitcoin by both inside and outside the industry has soared again.

At this time, the paid knowledge question-and-answer product "Fenda" launched by the bank became popular in the circle of friends. Many Bitcoin and blockchain enthusiasts have also opened Fenda pages. Among them, Bitcoin promoter and columnist Shandian is the person who answers the most Bitcoin questions in the entire Fenda product, attracting 46 listeners and answering 28 Bitcoin-related questions. With curiosity and not wanting to miss the opportunity to let the big names answer questions, we decided to use "Fenda" to ask the big V practitioners in the non-Bitcoin and blockchain industries about their views on Bitcoin and blockchain.

At the beginning of the questioning, I selected 20 big Vs with more than 500 listeners as the subjects of the questions. I planned to adjust the questions based on the answers of the first few and then ask questions in batches. However, after asking Mao Yushi, Zhang Jiawei, Zhang Quanling, Qingsheng, and Saimei, only Saimei answered my question after 24 hours, while the others did not answer after the time limit. In addition, Ji Shisan, the founder of Guokr.com and Zaixing, declined my question, cancelled his answer and told me that he "did not understand Bitcoin".

Judging from the overall response rate, some big Vs only answer a question every few days. Among the many questions to be answered, the probability of my question about "Bitcoin" being answered is relatively low, so I simply gave up asking questions and simply "eavesdropped" on the Bitcoin-related questions that the big names had already answered. And this "eavesdropping" yielded a lot: the well-known programmer Huo Ju is one of the earliest Bitcoin popularizers in China, the economist Ba Shusong is currently paying close attention to the blockchain field, and the writer and director Wang Xiaoshan actually plans to hold more than 100 Bitcoins for a long time to prepare for retirement...

Of course, there are many dissenters. Several financial planners have said that Bitcoin is a high-risk speculative product and will not be included in regular financial management configurations. Economist Wang Fuzhong believes that Bitcoin will not become an international currency and that the Bitcoin system can be easily copied...

After collection and sorting, the views of big Vs on Bitcoin can basically be divided into the following three categories:

Bitcoin is very innovative, so hold on to it and be bullish on it for the long term;
Bitcoin has a future, but it depends on future development;
I don’t play Bitcoin and I don’t recommend you to play Bitcoin.

Let’s take a look at what the big Vs said in 60 seconds:

1. Hold on to Bitcoin and see it rise to the moon

Bitcoin has surged recently. Do you have any new insights into Bitcoin?

Wang Xiaoshan, writer, director, poker player, loves mountain climbing and traveling. 1823 people listened

I never care about the recent rise and fall of Bitcoin. I don't think it has anything to do with me if it rises eight times recently or falls one third recently. I am optimistic about the long term. Although I don't have many, I have more than a hundred in my hands and don't want to move. I plan to use it for retirement. The rest of the time, it is more important to make money in RMB, or USD.

What do you think of Bitcoin and the technology behind it? Will Bitcoin eventually replace central bank currencies?

Huo Ju's "Heretical Theory" by programmer 751 people listened

Bitcoin and the technology behind it are very innovative. It makes good use of current cryptography and cryptography methods. I should be the first person in China to write an article about Bitcoin. If not the first, then I am one of the first batch. However, I have not made any money from Bitcoin. Let me tell you about my situation in advance so that my opinion will not be biased. It is unlikely that Bitcoin will eventually replace the central bank's currency. This is determined by the entire economic model and the model of state violence. Some banks may use Bitcoin to reduce costs, but it is unlikely to replace currency. Even if it replaces currency, it will be a long time in the future. Unless our current national system disappears, it is possible to produce such changes in the economy. Of course, it is possible that I am jealous because I have not made any money~

2. Bitcoin has a bright future, but is still in its infancy

What impact does blockchain technology have on the financial industry?

Ba Shusong Financial professionals Researchers with financial experience 2624 people listened

Blockchain is a new research field that we are focusing on now. It is an important concept of Bitcoin. It is essentially a decentralized database. Its core impact on the financial industry is decentralization and disintermediation. In fact, compared with the traditional banking industry, the traditional financial industry starts from private chains and industry chains, while blockchain is a public chain. The two influence each other. I think there will be a point where they are actually integrated.

What do you think of virtual currency? Bitcoin has risen sharply recently

Ba Shusong Financial professionals Researchers with financial experience 2624 people listened

Virtual currency is a currency that is still under exploration. From the perspective of usage, it is at the stage of storage function. In fact, it has not yet entered the settlement function and is still a long way from the investment function. I think it is a very promising currency with potential and future space, but it is still in its infancy. I have discussed the recent surge in Bitcoin with several experts. It may be related to the expectation of RMB depreciation since this year, and also to the trend of other virtual currencies.

What is the investment value of Ethereum?

Ba Shusong Financial professionals Researchers with financial experience 2624 people listened

In order to answer this question, we specially found experts in the IT and financial fields to organize a discussion, because financial experts often do not understand IT technology, and those who understand IT do not understand finance. To put it simply, Ethereum is a commodity in the Ethereum system. Its value is to support the operation of the smart contract system, just like cars consume gasoline, smart contracts consume Ethereum. The relationship between Ethereum, Bitcoin and the US dollar is getting smoother, and many trading platforms have emerged. Its price will fluctuate greatly depending on the market sentiment of the participants. This is a very important value.

What do you think of the recent surge in Bitcoin?

Dean Li Miao, a scientific workplace poet, slash gossip, 1902 people listened

This question is beyond my knowledge. I think Bitcoin depends on the future development of the Internet. Among my friends, Li Xiaolai is an expert in this area. You can check if he has opened a sub-answer. If some kind of application platform appears, Bitcoin may be popular, but if no such application platform appears, Bitcoin may always be a niche.

What do you think of Bitcoin?

Jiajun Jarvis, a master's student from Shanghai University of Finance and Economics, is employed by Tiantu Capital. 984 people listened

Bitcoin experienced a surge and a sharp drop in price in 2013 and 2014. It has its own means of defending against inflation, but I don’t think there is a global consensus on the value of Bitcoin. Tencent and JD.com are strategic investors. We are currently a financial investment institution and have not made any corresponding investment in blockchain.

3. If you ask me to play, I won’t play

What do you think of Bitcoin?

Founder of Lanxizhulu.com, technology self-media, 1644 people listened

According to foreign media, the West is retreating, and almost all of them have retreated. Because Chinese players took over at high prices, the remaining players are basically Chinese. I personally think that after so many years of development, Bitcoin has attracted a lot of attention for its speculation, but it still lacks the most basic attributes at the currency level. If it is a currency, it not only has to fluctuate in exchange rates, but also has to be recognized by business. However, there are still very few websites, including in gray areas such as Silk Road, where you can use Bitcoin as currency. At other times, it basically does not get market recognition, which is the most fatal. It doesn't matter how perfect your principle is. The currency still needs to be used in the end and recognized.

Do you pay attention to Bitcoin? Is it included in your financial planning?

The Third Young Master's Financial Career Planner is an expert in increasing income and reducing expenditure. 2241 people have listened

I have a friend who lost everything because of buying Bitcoin, so I personally do not recommend investing in such a virtual currency, at least if you do not have a wealth of knowledge about Bitcoin, do not try this investment method. In addition, I prefer industrial companies, and I personally would not be inclined to buy and study such intangible things.

Are you optimistic about the rise of gold and Bitcoin? Is it related to the economic crisis?

Wang Zeqi Harvard alumnus, former CEO of a listed company, Weibo celebrity, 6345 people listened

I personally am not particularly optimistic about gold and its future. Gold may not rise much. Bitcoin has other driving forces, which are more speculative behavior, and its scale is relatively small. I don't think it is related to the economic crisis.

Will Bitcoin become an international currency? Why are economists generally pessimistic, but the investment amount keeps increasing?

Dr. Wang Fuzhong, University Professor, Economist, Scholar 6903 people listened

Bitcoin will not become an international currency. First, although Bitcoin has the characteristics of fixed total amount and traceable transactions, it is still possible to create a system similar to Bitcoin by developing another set of algorithms, and many sets can be created. Second, the number of Bitcoin is fixed, and if inflation does not occur, deflation will definitely occur, and the harm of deflation is much greater than inflation. Sometimes more currency is needed, and all previous economic crises have confirmed this. Third, what is the economic support behind it? It is very likely to be manipulated by humans, while the US dollar is supported by the country's credibility. As for why so many people invest? Because it is originally a speculative product, with a lot of room for imagination, it is easy to be speculated.

Many people around you invest in Bitcoin. What do you think of Bitcoin?

Mr.hua, founder of MiKe, 1849 people listened

Strictly speaking, it is not called investing in Bitcoin, but speculating in Bitcoin, because Bitcoin does not generate any interest, nor does it generate any appreciation in real assets. Stocks are linked to companies. If the company's performance continues to grow, it will generate value, or you can buy financial products to generate actual cash flow returns. Bitcoin is a closed currency with many uncertain risks, policy factors, etc. It has no value to me. Of course, it is valuable to a small number of people who hold Bitcoin, but this value is not widely recognized, so there will be a sharp rise and fall. After a period of time, the time, place and people are right, and the number of speculators suddenly increases, it will produce sudden rises and falls. So I think it is not investing in Bitcoin, but speculating in Bitcoin, which is not very safe.

What do you think of Bitcoin blockchain? Do you consider Bitcoin as a financial asset?

Senior Financial Planner of Saimei

I can share some data with you. From September to November 2013, the price of a bitcoin rose from 800 yuan to 8,000 yuan, which is a 10-fold increase in just three months. In addition, RMB transactions accounted for 80% of the total bitcoin trading volume, which means that this commodity was mainly sold to Chinese people. Recently, it rose by 30% in the last three days of May. There are many reasons for the change. China's economy has entered an L-shaped channel, the stock market is sluggish, and there are not many investment products. Therefore, Bitcoin is not a regular financial configuration, but a high-risk gambling behavior.

I originally wanted to ask the national husband, President Sicong, but the last time Sicong answered a question was 15 days ago. Of course, the more important reason is that Sicong is too expensive. I wonder if he will blurt out the content of the Weibo post two years ago when he sees the current Bitcoin: Haha, btc, whoever buys it is an idiot. However, this Weibo post has been deleted. I wonder what kind of memories it will bring back when I see the screenshot of the Weibo post found on Tieba again?