We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes!
This week, our 6 Questions go to Lili Zhao, director of ecosystem growth at Neo — an open-source blockchain development platform.
The A to Z of Lili Zhao:
Authenticity — easier said than done
Blockchain advocate
Community — Neo has the best!
DAO — fascinating!
Economics — interests me much more now than when I was studying it at university
Falling — never afraid of it because I always bounce back
Game — life is a game, so let’s play
Hot — N3 is hot
Ideas — too many ideas, not enough focus
Job — growing the ecosystem of the Neo blockchain by profession and passion
Key — keep your private key safe
Love — may everyone be blessed with it
Minimalist — a chaotic minimalist wannabe
Neo — an open network for the smart economy
Open source — love it
Polaris — Neo hackathon, register now
Qi — breath, energy and flow
Raison d’etre — if you found it, tell me how?
Spicy food — can’t live without it for more than a week!
Twitter — @Lili_Zurich
Unique — all of us are
Vegetarian — 90% of the time, I am one
Wallet — get a NEO wallet on our website
X — do you have a word suggestion?
Yield — a stable NEO/GAS yield
Zurich-based, zest for life!
1 — Does it matter if we ever figure out who Satoshi really is or was? Why, or why not?
It doesn’t matter at all! The technology Satoshi created and its legacy has lived on and will continue to live on. One of the main appeals of the blockchain ecosystem is its community-driven spirit instead of being about personal glorification. Imagine if someone comes out and is indeed being confirmed as Satoshi Nakamoto. If that person deviates widely in terms of values and ethics from the ones envisioned by many, that may shatter some dreams and faith!
The anonymity of Satoshi has allowed people to have their own version of who they might or should be. The identity, or lack thereof, of Satoshi has been elevated into a Holy Grail that is to be pursued.
We say curiosity kills the cat — and in this case, curiosity may kill Bitcoin! Let Satoshi remain as a legendary myth, and let us honor their creation, Bitcoin, by advancing it to mass adoption.
2 — Which countries are doing the most to support blockchain, and which ones will be left behind?
There are quite a few countries that immediately come to people’s minds for those of us working in the blockchain space — namely, Switzerland, Singapore, El Salvador, Portugal, the United Arab Emirates — especially Dubai — and more. However, in my opinion, the country that is doing the most to support the adoption of blockchain technology is actually China. It may surprise some people, as China has been known to ban Bitcoin mining and crypto trading. Let me explain why.
China’s state-backed Blockchain-based Service Network is working on an interoperable blockchain infrastructure at both the national and international levels. As an open-source blockchain platform, Neo forms part of the permissionless blockchains from the international version of the BSN. The organization plans to support multiple future central bank digital currencies — an initiative in which China is the undisputed champion.
At the national level, the BSN is integrating Neo’s Jiuquan Chain for the large-scale issuance of NFTs, or distributed digital certificates — its alternative name as preferred by China. As stated by He Yifan, CEO of Red Date Technology — the BSN’s technology support provider — “NFTs in China will see annual output in the billions in the future.” The use of the term “digital certificate” indicates that the technology could be used to digitize any asset and automate any paper-based process with smart contracts.
The mass adoption of blockchain technology can only come when the underlying infrastructure is built with it from the ground up. This is because it is a replacement rather than an upgrade to the existing legacy technology.
China is leading this digital transformation in building blockchain infrastructure and launching large-scale mainstream use cases. This will greatly advance the whole industry globally and, in the long term, benefit everyone.
3 — Which is sillier: $500,000 Bitcoin or $0 Bitcoin? Why?
Bitcoin at $500,000 is sillier because Bitcoin at $0 is impossible!
Ten years ago, Bitcoin at $50,000 would have been thought of as silly. Today, it has become a norm, even though some question how sustainable it is. Bitcoin will never become zero because it has intrinsic value beyond its technological and monetary merits. In addition, it has become a domain of economics, philosophy and politics.
Value has been redefined in the smart economy underpinned by blockchain technology. The factors that make things valuable according to mainstream economic theories such as labor, costs of production, utility or even scarcity can no longer explain…
cointelegraph.com