The only way out of capital winter

The end of the Internet era has brought people endless hesitation and confusion. The emergence of the block chain has restored people’s confidence. No matter at the capital level or the market level, we seem to have seen familiar phenomena: the capital circle keeps investing in projects related to the block chain, and new models related to the block chain keep appearing in the market. A brand-new era constructed by the block chain seems to be waving to us. After the Internet, we see new development opportunities.

However, just as everything must go through germination, development and maturity, the block chain also needs to go through such a process. As a result, we saw that after the chain of blocks could not get rid of the shadow of digital cash, it began to fall into a new dilemma. As people have always been unable to find a good way to land the block chain, digital cash eventually became the fate of the block chain landing. The final non-recognition of digital cash has made the development of the block chain difficult, and a completely new change has started.

Just landing the block chain on digital cash cannot bring about long-term development. Only by expanding the soil on which the block chain landed can the development of the block chain enter a new era. However, the landing of the block chain is not easy, only the concept is difficult to achieve substantial progress. Therefore, we have seen the caution and escape of capital. When capital ebbs, the development of the block chain begins to enter a cold winter.

The cold winter of the block chain caused by the ebb of capital tells us that for a budding technology, the premature intervention of capital is not a good thing. Capital will only make the original natural growth radical. When the capital finds that it can’t get profits in the short term, their flight becomes inevitable, and it may take more time and energy for new things to end the cold winter and enter spring. This is exactly what the block chain is experiencing. It relies on capital blindly and lacks its own independent development. The block chain has entered the dreamland of ” capital time” when it does not have the time to enter ” capital time”. When the bubble bursts, the block chain may feel a more bitter winter.

If the fire is too strong, the chain of blocks may not be ” capital time”

Capital has always played the role of a promoter in the development of the industry. It can only add to the icing on the cake and cannot provide timely help. For the development of block chain, capital also plays a similar role. The fundamental driving force for the development of the block chain still lies in the block chain itself. Capital is only an ornament. If we rely solely on capital, the development of the block chain will inevitably enter a state of virtual fire and excessive prosperity. The root cause of this phenomenon is that the development of the block chain has not yet entered the ” capital time” and premature capital intervention will only lead to bubbles and impetuousness.

Digital cash is only a small sample and the block chain has not been widely applied. Comparing with the Internet, we will find that the state of the block chain does not yet have the conditions for capital intervention, and the application restrictions make it not have the conditions for large-scale capital intervention. The success of digital cash is only a tiny example of the application of block chain, which needs more applications to form the climate. When the block chain has formed a climate, capital will intervene in it again before it can really play the role of icing on the cake.

If we only see the so-called great success of the application of the block chain in digital cash, and do not really see the phenomenon that the block chain is still in its infancy, and blindly add capital to it, then capital is not a good thing for the block chain at this time. At present, the cold winter that the block chain market is experiencing is actually caused by the premature intervention of capital into the block chain industry, which makes the block chain in its embryonic stage too busy.

Therefore, what the current block chain is experiencing is precisely caused by the addition of capital to the block chain industry at an inopportune moment. When the block chain has not entered the ” capital time”, if we continue to use capital to bless the block chain project according to the routine of the internet, we may get the opposite effect. When the application of the block chain is only a small sample, what we need is to gradually enrich the application of the block chain, instead of relying solely on capital for great leap forward development.

Concept is greater than technology, and the block chain is gradually separating from the block chain itself. The reason why the block chain has such great magic power is not because it has many concepts, not because it can give us a lot of ” big cakes”, but because it is really a technology that can bring real disruptive changes to the development of traditional industries. However, after the application of the block chain in digital cash and the stunning development it brought us, we saw that the block chain did not continue to advance on the road of technology. On the contrary, what we are seeing is that the block chain is breaking away from technology and gradually becoming a concept.

The so-called overstretched block chain is largely due to the continuous emergence of the concept of block chain and the stagnation of block chain technology. One of the most important reasons for the emergence of the concept of block chain is that capital makes waves in the block chain market. When the technology and concept of block chain are disconnected from each other, the addition of capital will only make the distorted status quo more distorted and cannot repair the disconnection.

The accumulation of block chain technology has not yet reached the stage of deriving a large number of concepts. Therefore, after we add the elements of capital at this time, we will only promote the continuous emergence of concepts and cannot really bring beneficial effects to the block chain itself. Only when the block chain really returns to the block chain technology itself, and when the technology accumulates to a certain extent, then the concept is expanded and extended, can the function and function of the block chain be brought into full play. If we rely solely on capital, the development of the block chain will only be reduced to an aggregate of concepts at the end of the day, without any substantial promotion and progress.

The virtual fire of Internet thinking has spread to the block chain industry, and the addition of capital is not the best time. When the platform advantage and flow dividend of the Internet gradually disappear, people will continue to do platform and flow through different ways. This is actually a continuation of Internet thinking. Only as a platform to gather traffic, the block chain cannot be developed to the maximum extent. Because the block chain itself is de – platformized and de – centralized, using the thinking of the Internet to make the block chain will only make the ” meridians disorder” in the industry body of the block chain difficult to correct.

At present, the virtual fire in many block chain areas that we see is actually caused by the spread of Internet thinking. People are unable to extricate themselves from the routine of the Internet, and eventually they will take it for granted that the block chain technology should have the operation logic similar to that of the Internet. This is actually caused by not really understanding the concept and connotation of the block chain. When the development of the block chain is introduced into the development thinking of the Internet, it will only make the virtual fire of the block chain too strong and will eventually seriously affect the sound development of the block chain.

Perhaps it is the application of Internet thinking in the block chain. Therefore, many capital investment institutions we have seen continue to invest according to Internet – style routines. This has led to the emergence of many block chain projects similar to the business model of the Internet. The concepts of the two are in the same boat. Due to the continuation of Internet thinking, they are finally linked together. It is conceivable that the combination of the latter two will undergo what kind of transformation.

The frenzied mood that the market of the block chain is over-heated and the addition of capital encourages it further finally determines that the capital-driven development momentum is very short. This is the fundamental reason why the current block chain market is facing such a cold winter. With the gradual rationality of people’s understanding of the block chain, the role of capital in it also begins to be normal. Thus, the relationship between the block chain and capital can return to normal, instead of merely a conceptual blessing and a simple embrace of the tuyere.

Nirvana reborn, how can the block chain get out of the cold winter?

For the current chain of blocks, getting out of the cold winter may be the only theme. For a new technology, the block chain has experienced the prosperity and splendor touted by capital, and is also experiencing the loneliness and loneliness of capital ending. For the block chain, finding a way out of the cold winter may be far more practical than blindly carrying out some false concept ” innovation”. So, how can the block chain get out of the cold winter? Specifically, it mainly includes the following aspects.

Returning to technology itself, the block chain needs to bridge the ” grey zone” between concept and technology. No matter how powerful and subversive the block chain is, we can never forget that it is a technology. For a new technology, the most urgent task of block chain technology is to make it return to the technology itself. Constantly enriching the concepts related to the block chain, computing power, encryption technology, data transmission technology and many other technologies related to the block chain need to be further enriched and developed. Only in this way can the development of the block chain technology truly reach specific industries.

For the current block chain, the arrival of the cold winter may enable us to understand the essence and significance of the block chain more clearly. Technology is the foundation of the whole block chain industry. Only by truly starting from technology can it bring lasting growth momentum to the development of the block chain industry. With the gap between concept and technology gradually closing, the development of block chain can truly change the routine of concept-oriented development and return to a normal development state.

To strengthen the application of the block chain, what the block chain needs is to continuously expand its ” circle of friends”. For the block chain, the biggest problem now is the lack of application, which is only limited to digital cash. For the current block chain, what is needed is to continuously expand the ” circle of friends” of application, and to enhance the influence of the block chain by continuously expanding the application of the block chain.

We can see that many block chain projects have landed on digital cash, one of the important reasons is that the application of block chain is only successful on digital cash. In the future, if the block chain wants to really get out of the cold winter, it must expand the ” circle of friends” of the application of the block chain, and find more development possibilities by continuously strengthening the application of the block chain, so as to truly get out of the cold winter.

The end of the Internet dividend has made people look for new growth breakthroughs, and the huge subversion of the block chain itself has made people see the opportunities. However, due to people’s superstitions about capital, many block chain projects have never got rid of the development mode of capital first. However, blindly relying on capital has also brought about the development dilemma of too much fire and too much empty fire. Perhaps the development of the block chain has not reached the ” capital time” in the real sense. Only by continuously strengthening the technology and application of the block chain can the development of the block chain industry really get out of the cold winter and realize breakthrough development.

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