唐华斑竹
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币乎大V（推特X：@uniswap12），2025全球区块链百强创作者，独立研究员。在微博、推特、币乎、力场、币快报、向北社区、币车、财路、链书、八宝饭、链节点、巴比特、陀螺财经等币圈媒体拥有数十万粉丝。
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So excited, this article was shared by CZ on X, I believe everything will be fine in 2026! Thank you CZ for the encouragement
唐华斑竹
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From $10.7 billion trading volume to BTC's sharp drop: Uncovering the possible 'liquidation chain' behind IBIT
There was no black swan event, Bitcoin suddenly plummeted, and the market is looking for reasons. The charts show that BTC and SOL dropped almost in sync, but the liquidation volume on-chain and on centralized exchanges isn’t that exaggerated. This is interesting, suggesting that the selling pressure may not be coming from the usual crypto capital players.
I just happened to see an analysis by Parker White from DeFi Dev Corp, which I found quite enlightening. He mentioned that yesterday the trading volume of the BlackRock IBIT spot ETF surged to $10.7 billion, almost double the previous record, while the options premium also soared to $900 million, both historical highs. Data doesn’t lie; such unusual activity usually corresponds to a significant level of position changes.
I just happened to see an analysis by Parker White from DeFi Dev Corp, which I found quite enlightening. He mentioned that yesterday the trading volume of the BlackRock IBIT spot ETF surged to $10.7 billion, almost double the previous record, while the options premium also soared to $900 million, both historical highs. Data doesn’t lie; such unusual activity usually corresponds to a significant level of position changes.
Binance will gradually convert AZTEC pre-market contracts to standard perpetual contracts
On February 12, according to official news, Binance contracts will gradually convert the AZTECUSDT perpetual contract from pre-market trading status to standard U-based AZTECUSDT perpetual contracts starting from 15:00 (Beijing time) on February 12, 2026. The conversion period may take up to 3 hours, with the specific duration depending on price volatility and the availability of the stability index price. During the conversion period, trading functions will not be affected, and unfilled orders and open positions will not be canceled. $AZTEC
On February 12, according to official news, Binance contracts will gradually convert the AZTECUSDT perpetual contract from pre-market trading status to standard U-based AZTECUSDT perpetual contracts starting from 15:00 (Beijing time) on February 12, 2026. The conversion period may take up to 3 hours, with the specific duration depending on price volatility and the availability of the stability index price. During the conversion period, trading functions will not be affected, and unfilled orders and open positions will not be canceled. $AZTEC
Replacing 45 billion a year in stock, this is the story that stablecoins should tell.
The $45 billion in cross-border remittances flowing out of the Middle East every year mostly goes through the inefficient traditional clearing network. High costs and slow arrival times, in simple terms, mean that the financial infrastructure cannot keep up with the pace of trade. The Central Bank of the UAE has clearly seen this gap and approved last year the DDSC initiated by International Holding Company (IHC) and First Abu Dhabi Bank (FAB), which directly runs the dirham stablecoin settlement on the ADI Chain. This is the first time sovereign credit has been embedded in a programmable blockchain in this form.
Don't underestimate this action. In the past, institutional funds have taken a wait-and-see attitude towards stablecoins, lacking compliance endorsement and real reserves. DDSC perfectly meets both of these points: fiat reserves are fully custodied, the central bank license is held in hand, and the partners are local leading consortiums and commercial banks. Once the infrastructure is laid out, the next step is the natural process of liquidity sedimentation—this is not a guess, but the basic logic of the flow of institutional funds.
Don't underestimate this action. In the past, institutional funds have taken a wait-and-see attitude towards stablecoins, lacking compliance endorsement and real reserves. DDSC perfectly meets both of these points: fiat reserves are fully custodied, the central bank license is held in hand, and the partners are local leading consortiums and commercial banks. Once the infrastructure is laid out, the next step is the natural process of liquidity sedimentation—this is not a guess, but the basic logic of the flow of institutional funds.
The strangest thing about this round of the bitcoin bear market is that the people rushing in and those fleeing are not the same group.
The strangest thing about this round of the bitcoin bear market is that the people rushing in and those fleeing are not the same group.
In the past week, on-chain data shows that wallets holding over 1,000 bitcoins purchased 53,000 in one go. At current prices, that's over four billion dollars. This was the strongest buying momentum from large holders since last November. Just a few weeks ago, these wallets were frantically offloading.
This abrupt change in direction directly pulled the price back from the 60,000 mark to around 70,000. On Wednesday's Asian early session, bitcoin hovered around 69,100 dollars, neither up nor down.
In the past week, on-chain data shows that wallets holding over 1,000 bitcoins purchased 53,000 in one go. At current prices, that's over four billion dollars. This was the strongest buying momentum from large holders since last November. Just a few weeks ago, these wallets were frantically offloading.
This abrupt change in direction directly pulled the price back from the 60,000 mark to around 70,000. On Wednesday's Asian early session, bitcoin hovered around 69,100 dollars, neither up nor down.
Compound interest has been over-discussed, but Sun Yuchen indeed articulated a more thought-provoking understanding.
Recently, many people have been studying Sun Xu, reading his new book.
Sun Yuchen is a highly controversial name in the cryptocurrency field.
But it cannot be denied that he has completed multiple rounds of asset leaps in a highly volatile and strongly confrontational cryptocurrency market environment.
Looking back at his successful footprints, it feels like every step was strategically planned in advance and executed with strict self-discipline. Most of us rarely conduct a 10-year life strategy plan and have the perseverance to follow through, while Sun Yuchen indeed did it.
Not discussing his position, nor evaluating his path.
Sun Yuchen is a highly controversial name in the cryptocurrency field.
But it cannot be denied that he has completed multiple rounds of asset leaps in a highly volatile and strongly confrontational cryptocurrency market environment.
Looking back at his successful footprints, it feels like every step was strategically planned in advance and executed with strict self-discipline. Most of us rarely conduct a 10-year life strategy plan and have the perseverance to follow through, while Sun Yuchen indeed did it.
Not discussing his position, nor evaluating his path.
Trump praises the non-farm data, urging the Federal Reserve to lower interest rates to 'the lowest in the world'
On February 11, U.S. President Trump stated on social media, 'The employment data is excellent, far exceeding expectations! The U.S. should pay much lower interest on borrowing costs (bonds!)! We have once again become the world's top power, so we deserve to enjoy the lowest interest rates to date. This will bring at least one trillion dollars in annual interest expense savings—allowing the budget not only to balance but also to run a large surplus. Wow! The golden age of America has arrived!!!' $BNB
On February 11, U.S. President Trump stated on social media, 'The employment data is excellent, far exceeding expectations! The U.S. should pay much lower interest on borrowing costs (bonds!)! We have once again become the world's top power, so we deserve to enjoy the lowest interest rates to date. This will bring at least one trillion dollars in annual interest expense savings—allowing the budget not only to balance but also to run a large surplus. Wow! The golden age of America has arrived!!!' $BNB
This is the real expert!
"Cry, this isn’t even a masterpiece," X million long article champion Beaverd remained calm after being accused of issuing tokens to make money in the crypto space.
On February 11, Bubblemaps released an analysis indicating that Beaverd, the winner of the million-dollar X long article competition, had issued more than a dozen Meme tokens using a public address, profiting over 600,000 dollars. Among them, a token named SIAS plummeted to zero shortly after issuance, and the official SIAS account was subsequently deactivated. Previously, its market value had briefly soared to about 6 million dollars, causing significant losses for users. SIAS was not the first Meme token that Beaverd inflated and sold; it had previously issued tokens that went to zero over a dozen times.
Beaverd replied under Bubblemaps' tweet, "Cry, this doesn’t even count as one of my five masterpieces."
Earlier, on February 4, the X platform officially announced the results of the long article creation competition, with the million-dollar grand prize going to Beaverd (@beaverd). His award-winning long article was titled "Deloitte, a 74 billion dollar cancer, has spread to various parts of the United States," discussing the role of large government consulting firms in federal and state IT systems. The article received 44.71 million views, 29,000 likes, and 7,700 shares. $BNB
"Cry, this isn’t even a masterpiece," X million long article champion Beaverd remained calm after being accused of issuing tokens to make money in the crypto space.
On February 11, Bubblemaps released an analysis indicating that Beaverd, the winner of the million-dollar X long article competition, had issued more than a dozen Meme tokens using a public address, profiting over 600,000 dollars. Among them, a token named SIAS plummeted to zero shortly after issuance, and the official SIAS account was subsequently deactivated. Previously, its market value had briefly soared to about 6 million dollars, causing significant losses for users. SIAS was not the first Meme token that Beaverd inflated and sold; it had previously issued tokens that went to zero over a dozen times.
Beaverd replied under Bubblemaps' tweet, "Cry, this doesn’t even count as one of my five masterpieces."
Earlier, on February 4, the X platform officially announced the results of the long article creation competition, with the million-dollar grand prize going to Beaverd (@beaverd). His award-winning long article was titled "Deloitte, a 74 billion dollar cancer, has spread to various parts of the United States," discussing the role of large government consulting firms in federal and state IT systems. The article received 44.71 million views, 29,000 likes, and 7,700 shares. $BNB
Michael Saylor: Strategy will not sell Bitcoin, performance in the next 4 to 8 years will outperform traditional assets
Strategy Executive Chairman Michael Saylor stated in an interview with CNBC that concerns about the company being forced to sell its holdings due to the decline in Bitcoin prices are unfounded. He reiterated that the company has no plans to stop increasing its Bitcoin holdings and expects to continue buying quarterly in the future. Michael Saylor pointed out that Bitcoin, as digital capital, has volatility as one of its characteristics, and it is expected that the performance of Bitcoin in the next 4 to 8 years will be 2 to 3 times that of the S&P 500 index.
Currently, Strategy holds 714,644 Bitcoins, with a total acquisition cost of approximately 54.35 billion USD, and an average holding cost of 76,056 USD. Although currently facing paper losses, Michael Saylor emphasized that there is no credit risk on the company's balance sheet and that cash reserves are sufficient to cover dividends and debt expenses for the next two and a half years. Last week, the company purchased 1,142 Bitcoins again at a price of approximately 90 million USD. $BTC
Strategy Executive Chairman Michael Saylor stated in an interview with CNBC that concerns about the company being forced to sell its holdings due to the decline in Bitcoin prices are unfounded. He reiterated that the company has no plans to stop increasing its Bitcoin holdings and expects to continue buying quarterly in the future. Michael Saylor pointed out that Bitcoin, as digital capital, has volatility as one of its characteristics, and it is expected that the performance of Bitcoin in the next 4 to 8 years will be 2 to 3 times that of the S&P 500 index.
Currently, Strategy holds 714,644 Bitcoins, with a total acquisition cost of approximately 54.35 billion USD, and an average holding cost of 76,056 USD. Although currently facing paper losses, Michael Saylor emphasized that there is no credit risk on the company's balance sheet and that cash reserves are sufficient to cover dividends and debt expenses for the next two and a half years. Last week, the company purchased 1,142 Bitcoins again at a price of approximately 90 million USD. $BTC
UNI briefly surpassed $4.5, rising over 24% in 24 hours
On February 11, according to HTX market data, UNI briefly surpassed $4.5, currently priced at $4.18, with a rise of over 24% in 24 hours.
Previously reported, Uniswap Labs partnered with Securitize to provide liquidity support for BUIDL, a subsidiary of BlackRock. After BlackRock announced the deployment of BUIDL on the DeFi platform Uniswap, it stated it would purchase Uniswap tokens UNI, but did not disclose the specific amount. $UNI
On February 11, according to HTX market data, UNI briefly surpassed $4.5, currently priced at $4.18, with a rise of over 24% in 24 hours.
Previously reported, Uniswap Labs partnered with Securitize to provide liquidity support for BUIDL, a subsidiary of BlackRock. After BlackRock announced the deployment of BUIDL on the DeFi platform Uniswap, it stated it would purchase Uniswap tokens UNI, but did not disclose the specific amount. $UNI
The greatest investment in human history, bar none.
In 2001, South Africa's Naspers/Prosus invested $34 million in Tencent, and by the end of 2025, the investment return reached 7100 times, with earnings exceeding $240 billion and an annual compound return rate of 55.8%.
Tencent went public in 2004, and it wasn't until 2018 that South Africa's Naspers reduced its holdings for the first time, by 2%. In 2021, they announced a second reduction, still by 2%, and remained steadfast in holding during all other times. $BNB
In 2001, South Africa's Naspers/Prosus invested $34 million in Tencent, and by the end of 2025, the investment return reached 7100 times, with earnings exceeding $240 billion and an annual compound return rate of 55.8%.
Tencent went public in 2004, and it wasn't until 2018 that South Africa's Naspers reduced its holdings for the first time, by 2%. In 2021, they announced a second reduction, still by 2%, and remained steadfast in holding during all other times. $BNB
Duan Yongping posted a long message on Xueqiu, directly advising ordinary people not to touch stocks.
He said he has been playing for more than twenty years, and looking back, for most people the best investment is simply not to participate.
The comments below exploded, with some feeling he was speaking from a position of comfort while others applauded him.
I noticed his account is certified as an early investor in OPPO, with over a million followers, so he is indeed not just talk.
The last sentence of the post, "Without a path in mind, saying anything is useless," is quite harsh, essentially denying both the technical and news-driven approaches.
Some shared his history of buying NetEase and making a hundredfold return, while others brought up old issues saying he missed out on Tesla.
Arguments aside, the most liked comment is still the one that says, "If you don't understand it, don't touch it," which seems like nonsense, but very few can actually do it.
Veteran investors fell silent after reading, while new investors were unconvinced.
The market is never short of smart people; what it lacks are those who know they are foolish. $BNB
He said he has been playing for more than twenty years, and looking back, for most people the best investment is simply not to participate.
The comments below exploded, with some feeling he was speaking from a position of comfort while others applauded him.
I noticed his account is certified as an early investor in OPPO, with over a million followers, so he is indeed not just talk.
The last sentence of the post, "Without a path in mind, saying anything is useless," is quite harsh, essentially denying both the technical and news-driven approaches.
Some shared his history of buying NetEase and making a hundredfold return, while others brought up old issues saying he missed out on Tesla.
Arguments aside, the most liked comment is still the one that says, "If you don't understand it, don't touch it," which seems like nonsense, but very few can actually do it.
Veteran investors fell silent after reading, while new investors were unconvinced.
The market is never short of smart people; what it lacks are those who know they are foolish. $BNB
Binance's latest fiat partner, Singapore Gulf Bank (SGB), announces the launch of the SGB virtual account service. This service provides corporate clients with automated solutions for payment collection and fund management. The service combines collection (COBO) and disbursement (POBO) functions, supporting the generation of independent structured account identifiers for different payers, invoices, or business units, and enables instant identification and real-time settlement to reduce reconciliation delays and manual operations. $BNB
The world's most expensive! A 10-year-old Malaysian boy bought the domain "AI.com" for 100 dollars and sold it for 70 million dollars 33 years later. During the Super Bowl game in the U.S. on February 8, the buyer advertised the domain and officially launched the "AI agency" business. Alsyan Ismail, who bought the domain "AI.com" for 100 dollars in 1993. In March this year, Chris Marzalek, the founder of Crypto.com, purchased the AI.com domain for 70 million dollars, setting a record for the most expensive domain transaction in history, with the entire payment made to the seller in cryptocurrency. The previous highest amount for a domain transaction was 49.7 million dollars for CarInsurance.com sold in 2010, followed by VacationRentals.com (35 million dollars in 2007) and Voice.com (30 million dollars in 2019). According to the latest reports, the seller of this domain is Malaysian man Alsyan Ismail, who purchased the domain for 100 dollars using his mother's credit card in 1993 when he was only 10 years old. At that time, his mother was confused about the charge because she did not understand what a domain was and only saw a mysterious deduction on her credit card bill. Ismail stated that his decision to purchase this domain was entirely personal: the letters "AI" happened to match the initials of his name. He did not foresee the rise of artificial intelligence, nor did he make long-term plans. $ETH
What does China's regulatory independent release of cross-border RWA mean?
On February 6, 2026, China's financial regulatory authorities released two significant documents consecutively—the "Notice on Further Preventing and Dealing with Risks Related to Virtual Currencies and Others" jointly issued by eight departments and the "Regulatory Guidelines for the Issuance of Asset-Backed Securities Tokens Overseas from Domestic Assets" released by the China Securities Regulatory Commission. This marks a key step for China in regulating virtual currencies and RWA (Real World Asset Tokenization): tightening regulations on virtual currencies while opening a narrow door for compliant cross-border RWA.
China's cautious opening to cross-border RWA is a key move in building a strong financial nation—neither closing off the country nor blindly advancing, but instead using a "regulatory sandbox + small-step experimentation" approach to safeguard the bottom line of risk while creating new financing channels for the real economy. As the global RWA market surges, China chooses to build a "compliance dam" to ensure that the waters of innovation neither flood catastrophically nor fail to irrigate the fertile ground of the real economy. This embodies the wisdom of China's unique path in financial development. $ETH
On February 6, 2026, China's financial regulatory authorities released two significant documents consecutively—the "Notice on Further Preventing and Dealing with Risks Related to Virtual Currencies and Others" jointly issued by eight departments and the "Regulatory Guidelines for the Issuance of Asset-Backed Securities Tokens Overseas from Domestic Assets" released by the China Securities Regulatory Commission. This marks a key step for China in regulating virtual currencies and RWA (Real World Asset Tokenization): tightening regulations on virtual currencies while opening a narrow door for compliant cross-border RWA.
China's cautious opening to cross-border RWA is a key move in building a strong financial nation—neither closing off the country nor blindly advancing, but instead using a "regulatory sandbox + small-step experimentation" approach to safeguard the bottom line of risk while creating new financing channels for the real economy. As the global RWA market surges, China chooses to build a "compliance dam" to ensure that the waters of innovation neither flood catastrophically nor fail to irrigate the fertile ground of the real economy. This embodies the wisdom of China's unique path in financial development. $ETH
Hahaha! The New Year red envelope battle has intensified! Binance is throwing out tens of millions of dollars, and everyone has a share! Grab the red envelope address: https://www.binance.com/zh-CN/game/redpacket/LNY2026-with-binance?ref=GRO_40244_3AUZ6
New users use this GRO_40244_3AUZ6 to register for more rewards. Everyone help me share and invite people! Happy New Year, let's make money together!
New users use this GRO_40244_3AUZ6 to register for more rewards. Everyone help me share and invite people! Happy New Year, let's make money together!
With the expansion of multi-chain, the issue of fragmented liquidity has become increasingly prominent and urgent to address
With the expansion of multi-chain, the issue of fragmented liquidity has become increasingly prominent and urgent to address. Data shows that fragmented transactions alone can lead to a loss of about $10,000 for every $1 million in trading volume. This is not a fee; it is pure loss. This is the most glaring resource waste in the Web3 era.
Where does the problem lie? I think Euclid pointed out a key issue: the industry may have collectively gone off track. In the past few years, everyone rushed to build bridges and wrap assets, thinking that moving assets around would solve the liquidity problem. What was the result? One ETH turns into WETH, bridging ETH, various wrapped ETH... liquidity has actually become more fragmented. It's like trying to repair a highway but ending up with a bunch of toll booths and dead-end roads; the more effort put in, the more congested it becomes.
Where does the problem lie? I think Euclid pointed out a key issue: the industry may have collectively gone off track. In the past few years, everyone rushed to build bridges and wrap assets, thinking that moving assets around would solve the liquidity problem. What was the result? One ETH turns into WETH, bridging ETH, various wrapped ETH... liquidity has actually become more fragmented. It's like trying to repair a highway but ending up with a bunch of toll booths and dead-end roads; the more effort put in, the more congested it becomes.
I really didn't expect that yesterday CZ was so busy with the All-In interview, yet still had time to pay attention to Lao Tang, thus becoming one of the 1244 people CZ follows. It turns out that hard work really will be noticed. Thank you, Lao Zhao, and Happy New Year!
唐华斑竹
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BullishOn February 11, Binance founder CZ stated during an interview on the All-In podcast @theallinpod that he has over 20 scheduled meetings or calls each day, while also handling some ad-hoc tasks and social media replies. Despite being very busy, this work is very meaningful. This sense of achievement is unrelated to money or business growth and is hard to describe in words.
Binance set up its U.S. entity as early as 2019. The reason was that at the time, there were claims that the U.S. government was targeting Binance and Bitfinex. After consulting friends with legal backgrounds, it was decided to register in the U.S. as an independent entity, regulated from the very beginning.
He believes that AI may become an important user of cryptocurrency in the future. Millions of AI agents can run in the background, conducting funding transactions for various tasks, such as paying for podcasts, booking restaurants, and hotels. The traditional banking system cannot support the high-frequency, high-value transactions carried out by these agents. AI agents may handle investments and trading.
He also revealed that his first job was working at McDonald's at around 14 years old, when the minimum wage in British Columbia was 6 Canadian dollars per hour, while McDonald's only paid 5.5 Canadian dollars per hour due to special exemption regulations.
He started learning programming in high school and hesitated between choosing the University of Waterloo and McGill University for college. Influenced by a friend's mother, he chose McGill University to study biology, but switched to computer science after one semester. He avoided student loans through summer and academic year part-time jobs, receiving some early support from his father and sister, but later became completely self-sufficient. In his twenties, he shifted towards business development.
Binance set up its U.S. entity as early as 2019. The reason was that at the time, there were claims that the U.S. government was targeting Binance and Bitfinex. After consulting friends with legal backgrounds, it was decided to register in the U.S. as an independent entity, regulated from the very beginning.
He believes that AI may become an important user of cryptocurrency in the future. Millions of AI agents can run in the background, conducting funding transactions for various tasks, such as paying for podcasts, booking restaurants, and hotels. The traditional banking system cannot support the high-frequency, high-value transactions carried out by these agents. AI agents may handle investments and trading.
He also revealed that his first job was working at McDonald's at around 14 years old, when the minimum wage in British Columbia was 6 Canadian dollars per hour, while McDonald's only paid 5.5 Canadian dollars per hour due to special exemption regulations.
He started learning programming in high school and hesitated between choosing the University of Waterloo and McGill University for college. Influenced by a friend's mother, he chose McGill University to study biology, but switched to computer science after one semester. He avoided student loans through summer and academic year part-time jobs, receiving some early support from his father and sister, but later became completely self-sufficient. In his twenties, he shifted towards business development.
Binance's launch of the PAXG/USD1 spot and margin trading is a landmark upgrade in the development of the USD1 ecosystem
Binance has launched the PAXG/USD1 spot and margin trading pair, which is not just an addition of a trading category related to precious metals, but a landmark upgrade in the development process of the USD1 ecosystem.
The linkage between gold-backed PAXG and USD1 allows investors in the cryptocurrency market to directly participate in long-term asset allocation in precious metals through USD1 for the first time. This also clearly demonstrates Binance's core positioning of USD1 — it is no longer merely a tool for buying coins or transferring funds, but has been transformed into a core asset entry point at the platform level. The realization of this positioning has also led to a qualitative leap in the ecological value of USD1.
The linkage between gold-backed PAXG and USD1 allows investors in the cryptocurrency market to directly participate in long-term asset allocation in precious metals through USD1 for the first time. This also clearly demonstrates Binance's core positioning of USD1 — it is no longer merely a tool for buying coins or transferring funds, but has been transformed into a core asset entry point at the platform level. The realization of this positioning has also led to a qualitative leap in the ecological value of USD1.
On February 11, Binance founder CZ stated during an interview on the All-In podcast @theallinpod that he has over 20 scheduled meetings or calls each day, while also handling some ad-hoc tasks and social media replies. Despite being very busy, this work is very meaningful. This sense of achievement is unrelated to money or business growth and is hard to describe in words.
Binance set up its U.S. entity as early as 2019. The reason was that at the time, there were claims that the U.S. government was targeting Binance and Bitfinex. After consulting friends with legal backgrounds, it was decided to register in the U.S. as an independent entity, regulated from the very beginning.
He believes that AI may become an important user of cryptocurrency in the future. Millions of AI agents can run in the background, conducting funding transactions for various tasks, such as paying for podcasts, booking restaurants, and hotels. The traditional banking system cannot support the high-frequency, high-value transactions carried out by these agents. AI agents may handle investments and trading.
He also revealed that his first job was working at McDonald's at around 14 years old, when the minimum wage in British Columbia was 6 Canadian dollars per hour, while McDonald's only paid 5.5 Canadian dollars per hour due to special exemption regulations.
He started learning programming in high school and hesitated between choosing the University of Waterloo and McGill University for college. Influenced by a friend's mother, he chose McGill University to study biology, but switched to computer science after one semester. He avoided student loans through summer and academic year part-time jobs, receiving some early support from his father and sister, but later became completely self-sufficient. In his twenties, he shifted towards business development.
Binance set up its U.S. entity as early as 2019. The reason was that at the time, there were claims that the U.S. government was targeting Binance and Bitfinex. After consulting friends with legal backgrounds, it was decided to register in the U.S. as an independent entity, regulated from the very beginning.
He believes that AI may become an important user of cryptocurrency in the future. Millions of AI agents can run in the background, conducting funding transactions for various tasks, such as paying for podcasts, booking restaurants, and hotels. The traditional banking system cannot support the high-frequency, high-value transactions carried out by these agents. AI agents may handle investments and trading.
He also revealed that his first job was working at McDonald's at around 14 years old, when the minimum wage in British Columbia was 6 Canadian dollars per hour, while McDonald's only paid 5.5 Canadian dollars per hour due to special exemption regulations.
He started learning programming in high school and hesitated between choosing the University of Waterloo and McGill University for college. Influenced by a friend's mother, he chose McGill University to study biology, but switched to computer science after one semester. He avoided student loans through summer and academic year part-time jobs, receiving some early support from his father and sister, but later became completely self-sufficient. In his twenties, he shifted towards business development.
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