Blockchain Wall Street attitude

Less than a month after Jamie Dimon, CEO of JPMorgan Chase, failed to beat bitcoin, bitcoin hit a new record. It not only regained the land lost last month, but also broke $5300 today

just a month ago, when bitcoin began to recover from its high level to its low level, Dimon once again attacked bitcoin as "a fraud" at the New York financial conference of Barclays. He concluded that bitcoin was a bubble and predicted that the bubble would eventually collapse. Bitcoin has been controversial since it came out. So far, no mainstream bank has joined the list of market makers, and no big exchange has provided a trading platform. However, even those who oppose bitcoin hold a very positive attitude towards the technical foundation of bitcoin and other digital currencies, that is, blockchain technology

Less than a month after Jamie Dimon, CEO of JPMorgan Chase, failed to beat bitcoin, bitcoin hit a new record. It not only regained the land lost last month, but also broke $5300 today

"I will not classify this (bitcoin) as the most important transaction category, but I will not discuss bitcoin any more." Damon said

bitcoin rose rapidly from less than $1000 at the beginning of 2017 to $4900 at the beginning of September. After that, bitcoin dropped rapidly from US $4900 to US $3500 in the first half of September, and then rebounded. Bitcoin has recovered its lost ground and broken through the US $5800 barrier

Dimon once had a similar but more intense evaluation that the circulation value of bitcoin is limited to a very small market

bitcoin's sharp price fluctuation, on the one hand, has attracted speculation about speculative asset bubbles in the market. On the other hand, it has attracted a lot of attention from investors and banks. p> In early October, some media quoted people familiar with the matter as saying that Goldman Sachs was considering directly carrying out market making transactions of bitcoin and other digital currencies, becoming the first Wall Street giant to prepare to directly trade digital currencies. Lloyd Blankfein, CEO of Goldman Sachs, later tweeted: "bitcoin is still under consideration. There is no conclusion, no support and no rejection. I know that when paper money replaces gold, some people will also be skeptical. "

a spokesman for Goldman Sachs said that it is exploring the best service for customers in the field of digital currency

since June this year, Goldman Sachs has begun to release bitcoin research reports, becoming the first large investment bank on Wall Street to release bitcoin price analysis. In an August report, Goldman Sachs said it has become increasingly difficult for institutional investors to ignore bitcoin and the virtual money market

James Gorman, CEO of Morgan Stanley, said at the end of September that bitcoin was definitely not just a fad“ Anonymous money is a very interesting concept, it provides privacy protection for people, it also has meaning for the central banking system. "

fidelity owns a bitcoin mining company through investment. Johnson himself has been engaged in bitcoin mining business for a long time, and he has a considerable amount of bitcoin

Blockchain is an important concept of bitcoin. In essence, it is a decentralized database, as well as the underlying technology of bitcoin< br />

In August 2014, the University of science and technology of China's new Alumni Foundation and the youth class Alumni Association jointly completed and released a survey of alumni professors in the youth class of University of science and technology of China. The survey shows that since the founding of the youth class of University of science and technology of China, more than 212 professors have been cultivated. Compared with before 2005, the proportion of "youth class professors" at home and abroad is higher, It has changed from "great contrast" to "extremely close"

"now the situation is different, and the number of people who stay in China for development and return home after study is increasing." Pang Huadong, who resigned from all his ties on Wall Street and returned home to start a business, said that the year he returned home to start a business has brought back his long lost enthusiasm

Chapter 4

Pang Huadong

students of grade 95 junior class of University of science and technology of China. The picture provided by the interviewee

because the students in the junior class are younger, their self-care ability is weak, and they are under great learning pressure, many students, like Pang Huadong, do not pay attention to the details of life. In the first semester, Pang Huadong didn't have a haircut, and his clothes couldn't be cleaned. When he came home ring the winter vacation, his parents were shocked by his appearance“ Long hair, ragged and dirty clothes, like a beggar. " Pang Huadong couldn't help laughing when he told Red Star news about this

through one year's adaptation, the students in the junior class found their own research directions. The University of science and technology is very free to choose a major, and students can change it at any time if they don't get used to it. Pang Huadong has been to biology department and computer department, but finally returned to his favorite mathematics department. A large part of the reason for learning mathematics is that he has to find self-confidence in the strong young class. Pang Huadong won the first place in the 5th mathematics competition of China University of science and technology. He regained his confidence“ At that time, I thought that I could finally get the first place in one subject. " Pang Huadong said

it's a trend to start a business in China

in 1999, Pang applied for the master's degree in the University of science and technology of China before he graated from the University of science and technology. Then he went on to study for a doctorate and went abroad for further study, and made enviable achievements in research and work

in 2017, Pang Huadong was elected as the new chairman of the Council of the Alumni Foundation of University of science and technology of China, so he had to find time to take care of Alumni Affairs. In Pang Huadong's view, this work can reach tens of thousands of alumni of China University of science and technology, guide younger students and younger students, and at the same time, open up new horizons and new ideas“ Alumni are involved in all walks of life. I don't have any strange fields now. Even if I have, I'll get it by calling my alumni. "

Pang Huadong said that according to his observation, most of the more than 1700 students who graated from the junior class set foot in more cutting-edge majors. Even if they did not engage in research, those who returned home to start their own businesses were also in the fields of Internet, artificial intelligence, bitcoin, blockchain and so on

he said that in the past, ecation in China was relatively backward, so most of the students in the junior class chose to go abroad for further study. Now the situation has changed, and the number of students who stay in China for development and return home is increasing

in the year of returning home to start a business, Pang Huadong said that he had recovered his long lost enthusiasm and was excited every day. He said that he is now in a "gale". Like the arrival of the Internet era, he believes that a new era of blockchain will soon come, "I have to seize it."

Wu Xiaoqiu, vice president of Renmin University of China and director of the Institute of finance, said at a media conference on the 8th that he has always kept a wait-and-see attitude towards blockchain, but highly praised the penetration of Internet finance. Wu Xiaoqiu stressed: the things people like must have its logic. I don't think these Regulations are appropriate to limit the amount of our third-party payment. I think our supervision and management should understand the trend of financial development and follow the trend