It’s a good thing that RWA has been shut down domestically...
From what I’ve seen of RWA in mainland China, 99% of them are unreliable...
They’re all just trying to securitize bad assets...

What are the worthwhile tracks for starting a business in this industry now?

I feel that many exchanges will open RWA zones next.
But, what kind of RWA assets do you think would attract you on the exchange??

In Web3 projects, what is more needed: creative and proactive employees or obedient "screws"?
In any organization, there seems to be a paradox:
The most creative employees are often the hardest to "manage". Their independent thinking brings uncertainty, and their passion breaks established order.
As a result, many managers instinctively choose the "safe route"—cultivating obedient executors, eliminating those "troublemakers," and making everything predictable and controllable.
In the short term, the risk is reduced, but in the long term, the organization loses its vitality.
The vitality of the

On how easily fooled ordinary people are in the country: Today I went out to get a haircut, the AE shop owner said that some time ago someone asked her to buy BNB or something, she didn't understand and asked me to take a look.
Well, it turns out that a friend she has known for 30 years asked her to pay a 2000 yuan "account opening fee," then downloaded a TP wallet for her, and she bought 5 BNB. However, shortly after the purchase, they were already transferred on the chain, and at that time, her phone was completely handed over to someone else to operate.
It's too easy to be deceived

Recently, the traditional industries in the country have deteriorated to a certain extent. A primary school classmate was forced to go home to inherit the family business and became the vice chairman, working tirelessly at the company all day. Several friends engaged in real industry have said that now, not to mention large orders, even small orders are hard to get paid.
However, what is common is that traditional bosses' interest in digital currencies is rapidly increasing, as they believe this industry can make big money. They all want to learn and even signed up for Jiang Yufei's "D

If there is a Web3 Chinese interview program featuring pro in the United States, what content would everyone most want to see?

Try to keep posting daily and push yourself to produce some content.

Today I was taken to a CX company in Shenzhen for tea.
The other side handed over a thick "xxx RWA Issuance Feasibility Report," claiming they want to raise 4 billion in financing, Goldman Sachs has invested, and they are collaborating with Bored Ape to reach a global fan base of 200 million. Once released, it’s said to be worth 12 billion.
I really envy this ability to talk nonsense with such seriousness, full of confidence.
And it has to be Shenzhen.

Uni's empowerment represents the next wave of narrative hype in the crypto space:
- Moving away from governance tokens towards value tokens that represent the true value of protocols and offer dividends
Pure meme coins will become increasingly worthless, while protocols with real revenue will become more valuable
I predict there will be a DeFi Summer 2.0 next year.

This time, the new mayor of New York seems to have a significant impact, with the wealthy preparing to collectively leave New York...
Not long ago, I visited New York and felt that Wall Street was very bleak, mostly tourists, and the core institutions had already moved to Midtown.
Now, with all these changes—raising taxes on the wealthy, subsidizing the poor, prohibiting rent increases, and so on—
My friends in New York told me that many Jewish friends have already started planning to leave New York... Sigh.

Hong Kong's most profitable are still law firms. When RWA is hot, they make money from issuance; when the hype dies down, they can still earn from legal rights protection and lawsuits.
Thinking of becoming a lawyer.

This time, a foreign friend in Hong Kong invited me for coffee to learn about the current situation in Hong Kong. I taught him a Chinese phrase:
- 雷声大，雨点小 (Big thunder, little rain)
This is my biggest impression from this trip to Hong Kong. Various stablecoin RWA meetings are in full swing, but in reality, they are all just "idle talk" with no actual business implementation. Existing businesses are also sluggish.
I felt instantly confused...

I heard that someone from a certain Shenzhen listing was arrested and sentenced to ten years???