The Demystification of Crypto’s Development Curve
On April 20th, Wang Huiwen, co-founder of Meituan and former Senior Vice President of Meituan Dianping, stated in an interview with 36 Krypton that the core factor affecting Crypto
On April 20th, Wang Huiwen, co-founder of Meituan and former Senior Vice President of Meituan Dianping, stated in an interview with 36 Krypton that the core factor affecting Crypto’s development curve is not necessarily technology, and Crypto’s development curve is not necessarily the same as the internet/mobile internet. Therefore, it should be kept open minded. If we use technology to discuss, it has already been classified as technology, but why must it develop according to the technology curve? Even if it is assumed to develop according to the technology curve, there are different curves in technology, as well as differences between the Internet and electric vehicles.
Wang Huiwen: Individuals do not own Bitcoin, and the development curve of Crypto may not necessarily be the same as the internet, mobile internet
Introduction
On April 20th, Wang Huiwen, co-founder of Meituan and former Senior Vice President of Meituan Dianping, stated in an interview with 36 Krypton that the development curve of Crypto is not necessarily the same as the internet/mobile internet. He emphasized that the core factor affecting Crypto’s development curve is not necessarily technology, rather it should be kept open-minded, and not just confined to the traditional technology development curve.
Crypto’s Development Curve
What is Crypto’s Development Curve?
Crypto’s development curve refers to the projected growth patterns of the digital currency and blockchain technology that will support it. To think of it in more basic terms, when we talk about cryptocurrency and blockchain, we are discussing a new type of technology that has its unique properties, and that is still developing.
The Technology Development Curve
The technology development curve refers to how a new technology develops and is adopted by society. In the early stages of a new technology’s life cycle, it is often met with skepticism and doubt. As it evolves and is adopted by more users, it becomes more accepted, and ultimately becomes an essential part of our lives.
The Differences Between Crypto and Technology
Crypto is a unique technology that is different from other technologies. While the internet and mobile internet share a development curve and follow a specific pattern, Crypto has its own path. In the words of Wang Huiwen, a new curve of its own.
Understanding Crypto’s Development Curve
Crypto’s development curve may differ from the Traditional technology curve because of its uniqueness. Crypto’s curve may be more volatile compared to other technologies. It experiences bursts of growth, followed by declining activity, then moments of rapid growth again. It is not as predictable as traditional technologies, and its development curve is more complicated.
The Factors Affecting Crypto’s Development Curve
Why is Technology Not the Core Factor?
While technology is necessary for the development of Crypto, Wang Huiwen emphasized that it is not the core factor affecting its development curve. Instead, factors such as market demand, regulatory factors, and social adoption play a more significant role in shaping the Crypto’s curve.
Social Influence
A significant factor affecting Crypto’s development curve is social influence. Social influence refers to the social norms which shape an individual’s perception, behavior, and beliefs, which affect the adoption and acceptance of the new technology.
Regulatory Factors
Another factor that plays a role in the development curve of Crypto is regulatory factors. The regulatory factor plays a critical role in cryptocurrency. Governments have been actively creating legislation to regulate its use, which has had both positive and negative consequences for Crypto’s development curve.
Market Demand
Market demand refers to the demand for cryptocurrencies and blockchain technology. An increased market demand leads to the proliferation of cryptocurrencies and blockchain technology, which ultimately affects the development curve of crypto.
Keeping an Open Mind
Keeping an open mind is essential when it comes to Crypto’s development curve. As Wang Huiwen pointed out, it is critical not to be limited by traditional technology development curves. Besides, we must recognize that different technologies follow different trajectories.
Conclusion
To conclude, Crypto’s development curve must be viewed differently compared to other technologies. The core factors affecting Crypto’s development curve are not necessarily only technology but are also elements such as social influence, regulatory factors, and market demand. Keeping an open mind is essential when discussing Crypto’s development path, and we must not rely on traditional technology development curves.
FAQs
1. What is the technology development curve?
The technology development curve is the projected growth pattern of new technology, from skepticism to acceptance.
2. What are the core factors affecting Crypto’s development curve?
The core factors affecting Crypto’s development curve are social influence, regulatory factors, and market demand.
3. Why must we keep an open mind about Crypto’s development curve?
Keeping an open mind while discussing Crypto’s development curve is essential because of its uniqueness and that it may differ from traditional technology development curves.
This article and pictures are from the Internet and do not represent Fpips's position. If you infringe, please contact us to delete:https://www.fpips.com/21096/
It is strongly recommended that you study, review, analyze and verify the content independently, use the relevant data and content carefully, and bear all risks arising therefrom.
Recommended articles
-
Alleged Collusion of Tech Giants with US Government
According to reports, Watcher Guru tweeted that the Justice Department of the United States House of Representatives summoned the chief executives of Apple, Am…
-
A Busy Morning on the Global Stage
7:00-12:00 Key words: India, Solana, Thailand, PUMA
Summary of important developments at noon on February 26
Interpretation of the news:
… -
Kimera Technologies Secures 660000 Euro Financing for Metaverse Visual Content Data Conversion
According to reports, Kimera Technologies, a metaverse visual content data company headquartered in Valencia, Spain, announced the completion of a 660000 euro financing, with parti
-
Binance’s $400 Million Transfer to Merit Peak Draws SEC Attention
According to the news, Reuters reported on Thursday that the cryptocurrency exchange Binance transferred about US $400 million of funds from the Silvergate Ban…
-
Market Volatility Warning: Take Necessary Risk Control Actions
It is reported that the market shows that FIL has broken through US $5 and is currently reported at US $5.01, with a intra-day decline of 4.39%. The market fluctuates greatly. Please do a good job in risk control. FIL broke through $5 Analysis based on this information:The recent market performance has brought attention to FIL’s current standing, where it has suddenly broken through $5, and is now currently at US $5.01, but with an intra-day decline of 4.39%. FIL is a digital token that investors can exchange and trade on the open market, and it is subject to the fluctuation of the crypto market like any other digital asset. The message is a warning of market volatility, and it emphasizes the need for investors to exercise caution and implement effective risk control strategies to protect their investment portfolios. The fluctuation of the cryptocurrency market has always shown its unpredictable nature. The price of a crypto asset can change suddenly…
-
What currency is FAST (fast digital currency)
<img src='https://img.doulai.com/pic/enpic.php?k=What is FAST? Imgalt=What is FAST?=Images} What is FAST? According to official news, FastCash (fast. finance) is a decentralized asset storage platform based on Ethereum network development. FastChain adopts a novel technical model to realize cross chain transactions between Cryptocurrency and blockchain system; It uses “fixed supply” and “dynamic supply” (i.e. the product of constant supply) to reduce gas costs while ensuring safety. Specifically, if a miner is willing to deposit a certain amount of Bitcoin into this wallet as collateral for mining. In order to improve speed and reduce block time, everyone can pay a small amount of money to another miner, but as this money will directly enter their own wallet, they cannot participate in mining through any other third party fast digital currencyAccording to bitcoin, the current fast money in the market is Stablecoin, while fast digital currency can realize Double-spending. It is reported that Fast was officially launched on July 1, 2018. Its total issuance…
-
A-share opening: Shenzhen Blockchain 50 Index up 0.27%
According to the news, the A-share market opened with the Shanghai Composite Index at 3312.48 points, an increase of 0%, the Shenzhen Composite Index at 11867.87 points, an increas
-
What is CoinWin Defi (CoinWin Coin Scam)?
What is CoinWin Defi? According to official sources, CoinWin Defi is a decentra
-
Economist’s Twitter Account Deleted Raises Questions
According to reports, according to an economist Riccardo Puglisi, “SVB deleted/suspended his Twitter account @ svb_financial.” Riccardo Puglisi: SVB deletion suspended Twitter account Analysis based on this information:An economist, Riccardo Puglisi, recently made headlines for having his Twitter account, @svb_financial, deleted or suspended. The news has sparked discussions in the media and social media about the reasons behind this decision. Puglisi, a professor of economics at the University of Pavia and author of the book “In Defence of Economic Forecasting”, had been actively using his Twitter account to share his thoughts on various economic issues, including technology, innovation, and entrepreneurship. His account had gained a considerable following with over 10,000 followers before it was taken down. There is no official explanation for the deletion of Puglisi’s account, and it remains unclear whether the action was taken by Twitter or the economist himself. However, several speculations have been made on social media and other platforms. Some argue that Puglisi’s account was…
-
Antimater Air Drops MATTER Token: Everything You Need to Know
On April 20th, it was announced that DeFi derivatives portal Antimater has released MATTER token air drop rules, which will air drop 5% of the total supply, 5 million MATTER, to el
-
Understanding the Impact of Giant Whales’ Sell-Off on Doggy Coin
According to reports, chain analyst Lookonchain tweeted that during Musk\’s change of Twitter\’s logo from Blue Bird to Doggy (April 4) and then to Blue Bird (April 7), two of the to
-
Tether Rakes in Over $700 Million in Q1 2021: What Does This Mean for the Crypto Market?
According to reports, Tether\’s Chief Technology Officer Paolo Ardoino stated on Twitter that the company\’s profit for the first quarter of this year had exceeded $700 million.
Teth -
Reddit and Stack Overflow will charge AI developers for website content access fees
On April 22nd, it was announced that Reddit and Stack Overflow will charge AI developers website content access fees. The former is one of the world\’s largest community sites, whil
-
The Rise of Bitcoin Addresses: An Analysis of the Latest Data
According to reports, the number of BTC sending addresses has just reached 32138.542 in the past hour (7d MA), a 22-month high.
The number of BTC sending addresses has reached a 22 -
US Treasury Secretary Yellen: All Eyes on Silicon Valley Banks
According to reports, US Treasury Secretary Yellen said that any bank failure would constitute “obvious concern”. The US banking system is safe, capital is sufficient and resilient. Regulators are formulating policies to address the banking incident in Silicon Valley. Try to solve the current problem “in time”, but we can’t provide more details at present. Make sure that the problems of one bank will not spread to other banks. However, Yellen said that of course, he would not repeat the past rescue of banks. The problem of the technology industry is not the “core” of the collapse of Silicon Valley banks. The FDIC is considering a series of options for Silicon Valley banks, including acquisitions. The regulators are aware of this and are trying to meet the needs of bank depositors in Silicon Valley. US Treasury Secretary Yellen: Regulators are formulating policies to solve the banking incident in Silicon Valley Analysis based on this information:US Treasury Secretary, Janet Yellen, recently…
-
ConsenSys and Mercuryo team up to offer a convenient solution for buying encrypted tokens on MetaMask
On February 16, ConsenSys announced that it would cooperate with Mercuryo, an encryption payment company, to integrate in MetaMask, which would allow MetaMask …