Chapter 797 Kolo’s preparation
As we all know, the main features of BitC or blockchain are decentralization, traceability and anonymity.
Decentralization means that the information in the blockchain is not stored centrally like traditional centralized data, but all participating members can record it completely, so that the data cannot be tampered with .
For example, the user's bank account information is stored on the bank's server. In fact, the bank has the authority to unilaterally modify your account information.
When using the decentralized storage of the blockchain, each user can keep accounts. If a single storage is tampered with, it can be immediately discovered during "reconciliation".
This is why blockchain technology is too advanced compared to the current hardware level...
Because not to mention some information that needs to be recorded using blockchain technology, even if it is just various BitC As time goes by, transfers and user account information cannot be stored by ordinary users' computers. As time accumulates, it will become increasingly larger data, occupying a considerable amount of storage space.
After discovering this problem, many blockchain projects can only settle for the next best thing and let some larger institutions or companies participate. Instead of every user storing, Some of them have powerful "nodes" to complete the storage of information, and these institutions or companies as "nodes" can obtain accounting rewards, which is a part of Coin...
In addition, all BitC The account status of the account, including transfer records, are publicly available.
In Barron's previous life, after Satoshi Nakamoto disappeared and BitC had gained considerable recognition and had a relatively high value, many people found accounts holding large amounts of BitC through inquiries (such Accounts are often called giant whales), and some of them were created very early and have never made any transfer transactions. They are believed to be owned by Satoshi Nakamoto, the founder of BitC.
After Satoshi Nakamoto "disappeared", almost no assets were transferred to these accounts until Barron was reborn.
It is conceivable that at that time, how many people around the world had been monitoring these accounts - after all, these accounts held a large amount of BitC. Once sold, it would naturally cause great fluctuations in the price of BitC.
It is also because these accounts have been "dusted away" and never used again, so many people suspect that Satoshi Nakamoto may no longer be alive...
After all, the price of BitC is 7 Calculated at 10,000 U.S. dollars each, 1.1 million BitCs are worth 77 billion U.S. dollars. It would be difficult for anyone with such a large amount of wealth to keep a penny. - Even if you are afraid that too much selling will cause BitC to collapse, it will not have much impact if you sell some of BitC's ultra-high daily trading volume in the future...
Now, Barron's There is also a chance to solve this mystery. What happened to make Satoshi Nakamoto suddenly ignore it after creating such a magical thing as BitC?
The reason for such an action was that Barron also had other purposes.
For example, let Kolo become a global blockchain, or more specifically, one of the centers of digital currencies...
If you just look at it numerically, even the future BitC price At its peak, based on its total supply of 21 million, its total market value was less than US$1.5 trillion (not to mention that there were still many that had not been mined at that time, and a large number of BitCs were not valued by early holders. Lost the private key and was "sealed" forever), and the total market value of gold exceeds 7.5 trillion.
So the difference between the two is still huge...
But around these Coins including BitC, the surrounding industries, including mining machines, related exchanges (in addition to spot In addition, there are also derivative contracts and other transactions) as well as the research and development and investment of various emerging projects. The scale of all the industries involved is still very considerable. And it's not just China. Even in regions where policies in this area are not so strict, supervision has always existed - for example, the U.S. Securities and Exchange Commission (SEC) has been issuing various fines on many related projects.
So if Kolo can be relatively friendly to these projects in this regard, it is still possible to get a considerable share of the cake in the entire industry.
Just like after China tightens relevant regulations in the future, a large number of projects will go overseas to areas such as Lijiapo and Dubai that are relatively friendly to this policy.
The reason why Barron initially chose Kolo as one of his "bases" was that, in addition to the "karma" of the Protector Military Service Company, Kolo does also have a good geographical location in West Africa. It has Port Loti, the best port in West Africa, and its land area and population, in West Africa, or even Africa as a whole, is not ranked high, and it is not very eye-catching...
Barron's plan for Colo itself was in terms of trade transshipment and finance. It was later discovered here that After offshore oil fields, energy-related industries have also been added...
However, considering the situation in Africa, financial aspects are limited by the instability of many countries. It is still possible for Kolo to become one of the financial centers in all of West Africa and even Africa.
Given Kolo’s situation, it’s already good to be able to reach this point.
Don't look at the fact that India seems to be bad at everything. Compared with China, India has been turned into a "scumbag" by the "top students".
But how does India compare with Africa...
Why do the West often give India so much help, and even the situation of China can only be envied compared to it?
It is nothing more than hoping that a market as vast as India can develop and have a population comparable to that of China. As long as it can reach half of China's GDP, it can also bring about a huge and coveted market.
As for why they chose India instead of Africa among developing countries?
It is very simple. Compared with China, India has been beaten in all aspects, but compared with other developing countries in the world, India is still the most anticipated...
Therefore, it is located in In such a "uniquely blessed" region, it is too difficult for Colo to become a global financial center like China HK or Lijiapo. Barron can only let it find its own way and increase its investment in blockchain.
This can also be regarded as Barron’s advance layout for the future. In May last year, the famous purchase of two pizzas with 10,000 BitC had just happened - when BitC initially showed the wealth effect, It will take until 2013 to have a certain transaction volume, and it will be even later for blockchain to be taken seriously on a larger scale.
Until then, Khloe just needs to be ready.
(End of this chapter)