1/244 08-28 19:20:44-08-28 19:20:49 There is a blogger in the foreign country who specializes in...
2/244 aaa 08-28 19:20:45-08-28 19:20:49 I just interviewed Mr. Sun.
3/244 hp 08-28 19:20:46-08-28 19:20:49 Today, let's talk about...
4/244 xss 08-28 19:20:49-08-28 19:21:00 The man in the photo of Sun Yuchen is named Sun Yuchen.
5/244 lx 08-28 19:20:48-08-28 19:21:00 This year I am 35 years old.
6/244 bg 08-28 19:20:51-08-28 19:21:00 From Xining City, Qinghai Province.
7/244 08-28 19:20:53-08-28 19:21:00 His current net worth is eighty-five billion dollars.
8/244 xss 08-28 19:29:52-08-28 19:30:04 Approximately 610 billion RMB.
9/244 08-28 19:20:56-08-28 19:21:10 This year, I spent two million and eight hundred thousand.
10/244 de 08-28 19:20:57-08-28 19:21:10 Approximately 20 million RMB.
11/244 08-28 19:21:26-08-28 19:21:34 Reached space.
12/244 hp 08-28 19:20:58-08-28 19:21:00 Not long ago,
13/244 08-28 19:21:00-08-28 19:21:10 He was also invited to visit Pakistan.
14/244 bg 08-28 19:21:01-08-28 19:21:10 Received official high-level reception.
15/244 hp 08-28 19:21:04-08-28 19:21:10 Some people say his unexpected wealth is due to exploiting l...
16/244 08-28 19:21:03-08-28 19:21:10 Gained through speculation and profiteering.
17/244 n 08-28 19:21:07-08-28 19:21:10 He's just a young man from Qinghai, born in the 90s.
18/244 lx 08-28 19:21:08-08-28 19:21:10 I think this is wrong.
19/244 xss 08-28 19:21:10-08-28 19:21:24 He didn't say that he was good at speculation.
20/244 bg 08-28 19:21:12-08-28 19:21:24 Instead, they turned it into a game of speculation.
21/244 n 08-28 19:21:57-08-28 19:21:58 For example, he got into Peking University.
22/244 aaa 08-28 19:21:16-08-28 19:21:24 Gained admission to Peking University through the first priz...
23/244 08-28 19:21:13-08-28 19:21:24 So, this thing is something that many people wouldn't think ...
24/244 hp 08-28 19:21:18-08-28 19:21:24 Did you say that others don't want to cheat?
25/244 08-28 19:21:14-08-28 19:21:24 Who doesn't want it?
26/244 n 08-28 19:21:19-08-28 19:21:24 But you don't know where the trick is.
27/244 lx 08-28 19:21:21-08-28 19:21:34 I saw someone give a review of Sun Yuchen before.
28/244 08-28 19:21:22-08-28 19:21:34 I think it's accurate.
29/244 aaa 08-28 19:21:31-08-28 19:21:34 He said that Sun Yuchen was the one who rode an old woman an...
30/244 bg 08-28 19:21:25-08-28 19:21:34 He crossed the road, taking a risk.
31/244 08-28 19:21:28-08-28 19:21:34 Grandma is going to take care of it.
32/244 hp 08-28 19:21:29-08-28 19:21:34 You can only condemn him,
33/244 hp 08-28 19:21:48-08-28 19:21:58 You still can't handle them,
34/244 n 08-28 19:21:32-08-28 19:21:34 He is a very good person at seizing opportunities and adapti...
35/244 xss 08-28 19:21:34-08-28 19:21:47 In the early days of the new year,
36/244 hp 08-28 19:21:36-08-28 19:21:47 He advised everyone to sell their houses quickly.
37/244 hp 08-28 19:23:03-08-28 19:23:05 Especially houses in places like Yanxiao, hurry to sell.
38/244 08-28 19:21:38-08-28 19:21:47 How many people were there at the time?
39/244 aaa 08-28 19:21:39-08-28 19:21:47 Most of the people who listened to it said that it was benef...
40/244 08-28 19:21:42-08-28 19:21:58 Today, let's delve into the details of Sun Yuchen.
41/244 lx 08-28 19:21:44-08-28 19:21:47 This young man from Xining, Qinghai Province, is a 90s kid.
42/244 bg 08-28 19:22:20-08-28 19:22:31 He came from Xining, Qinghai.
43/244 n 08-28 19:21:41-08-28 19:21:47 At that moment,
44/244 de 08-28 19:21:47-08-28 19:21:58 I guess he's been working hard,
45/244 08-28 19:21:45-08-28 19:21:47 He couldn't imagine it.
46/244 bg 08-28 19:21:50-08-28 19:21:58 I will have a connection with Bitcoin for the rest of my lif...
47/244 08-28 19:21:51-08-28 19:21:58 And it's a deep-rooted connection.
48/244 aaa 08-28 19:21:53-08-28 19:21:58 He has a billion-dollar fortune.
49/244 bg 08-28 19:22:03-08-28 19:22:17 I guess he definitely didn't expect that the first time they...
50/244 n 08-28 19:22:35-08-28 19:22:44 I just met him.
51/244 lx 08-28 19:21:56-08-28 19:22:07 It was November 24, 2014.
52/244 xss 08-28 19:21:58-08-28 19:22:09 He was 24 years old and appeared on a show.
53/244 hp 08-28 19:22:00-08-28 19:22:09 This show is called "Chinese Entrepreneurial Innovators 987"...
54/244 08-28 19:22:53-08-28 19:23:05 The person sitting opposite is named Wang Xiaochuan.
55/244 aaa 08-28 19:30:53-08-28 19:30:59 Who is Wang Xiaochuan?
56/244 08-28 19:22:01-08-28 19:22:09 Sogo CEO appeared in this show,
57/244 lx 08-28 19:23:26-08-28 19:23:38 Wang Xiaochuan's eyes were filled with contempt for Sun Yuch...
58/244 08-28 19:22:06-08-28 19:22:19 At that moment, I directly and bluntly told you that you wer...
59/244 n 08-28 19:22:07-08-28 19:22:10 This project you are doing is definitely going to fail.
60/244 aaa 08-28 19:22:05-08-28 19:22:09 I am ashamed to be on the show with you.
61/244 lx 08-28 19:22:10-08-28 19:22:19 This was a big blow to Sun Yichang.
62/244 de 08-28 19:22:09-08-28 19:22:17 But he is different,
63/244 08-28 19:22:11-08-28 19:22:19 He turned this setback into motivation for his progress.
64/244 08-28 19:22:13-08-28 19:22:19 So, three years later...
65/244 aaa 08-28 19:22:14-08-28 19:22:19 Sun Company's market capitalization has exceeded that of Sog...
66/244 hp 08-28 19:22:16-08-28 19:22:19 From now on,
67/244 n 08-28 19:22:19-08-28 19:22:31 Sun Yuchen's career is getting bigger and better.
68/244 xss 08-28 19:22:17-08-28 19:22:31 Getting more and more popular,
69/244 de 08-28 19:22:22-08-28 19:22:31 However, Wang Xiaochuan gradually faded out of the public ey...
70/244 08-28 19:22:23-08-28 19:22:31 June 2019,
71/244 hp 08-28 19:22:29-08-28 19:22:31 At the age of twenty-eight, he successfully bid for a lunch ...
72/244 08-28 19:22:25-08-28 19:22:31 This action made him famous overnight.
73/244 aaa 08-28 19:22:26-08-28 19:22:31 Everyone knows that Sun Yuchen made his fortune by Bitcoin.
74/244 lx 08-28 19:22:54-08-28 19:23:05 Rely on the wave.
75/244 lx 08-28 19:22:28-08-28 19:22:31 What is Bitcoin?
76/244 08-28 19:22:31-08-28 19:22:44 Let me explain to everyone first,
77/244 bg 08-28 19:22:32-08-28 19:22:44 Because many people don't have a comprehensive understanding...
78/244 hp 08-28 19:22:40-08-28 19:22:44 Bitcoin is the first time in human history that technology h...
79/244 08-28 19:22:37-08-28 19:22:44 Give people complete control over numbers.
80/244 aaa 08-28 19:22:38-08-28 19:22:44 Before Bitcoin,
81/244 de 08-28 19:23:38-08-28 19:23:49 Everyone's spare money is almost in WeChat Pay, Alipay and o...
82/244 lx 08-28 19:22:41-08-28 19:22:44 If you have personal problems,
83/244 de 08-28 19:22:43-08-28 19:22:54 For example, a company goes bankrupt.
84/244 xss 08-28 19:22:44-08-28 19:22:54 Or, your mortgage is overdue.
85/244 08-28 19:22:48-08-28 19:22:54 Then, your money might not be able to be withdrawn.
86/244 bg 08-28 19:22:45-08-28 19:22:54 were frozen.
87/244 08-28 19:22:46-08-28 19:22:54 But Bitcoin is different.
88/244 aaa 08-28 19:22:49-08-28 19:22:54 His power is in your hands,
89/244 n 08-28 19:22:50-08-28 19:22:54 As long as your money is inside,
90/244 hp 08-28 19:22:52-08-28 19:22:54 No one, including yourself, has the right to control him.
91/244 bg 08-28 19:22:56-08-28 19:23:05 So, the drawbacks of this thing also came into being at the ...
92/244 aaa 08-28 19:22:58-08-28 19:23:05 The price of Bitcoin is like a roller coaster,
93/244 08-28 19:22:57-08-28 19:23:05 However, a 20% fluctuation is perfectly normal.
94/244 n 08-28 19:22:59-08-28 19:23:05 Just a second ago...
95/244 de 08-28 19:23:01-08-28 19:23:05 Your balance sheet may show profits of hundreds of thousands...
96/244 08-28 19:23:02-08-28 19:23:05 But the next second, you might be in debt directly.
97/244 08-28 19:23:54-08-28 19:23:59 Bitcoin lacks the stability of a fiat currency.
98/244 lx 08-28 19:24:07-08-28 19:24:10 And then there's the policy regulation of Bitcoin.
99/244 xss 08-28 19:23:05-08-28 19:23:17 This is also a sword hanging over Bitcoin's head.
100/244 bg 08-28 19:23:06-08-28 19:23:17 The attitudes of different countries towards Bitcoin are con...
101/244 08-28 19:23:08-08-28 19:23:17 Once the region where you are located has implemented lockdo...
102/244 aaa 08-28 19:23:09-08-28 19:23:17 So, what about the coins you have? Maybe there are no channe...
103/244 08-28 19:24:15-08-28 19:24:21 And it is very inconvenient to use in daily life.
104/244 bg 08-28 19:32:52-08-28 19:33:03 The transaction needs to be confirmed for a few minutes.
105/244 hp 08-28 19:23:10-08-28 19:23:17 Or, in a few hours.
106/244 08-28 19:23:13-08-28 19:23:17 Is the fee high or low?
107/244 n 08-28 19:23:11-08-28 19:23:17 Go to the supermarket or online shopping,
108/244 de 08-28 19:23:17-08-28 19:23:28 He wouldn't be like the ones we currently use, such as some ...
109/244 lx 08-28 19:23:14-08-28 19:23:17 So, it's convenient and fast.
110/244 08-28 19:23:16-08-28 19:23:28 Supported solely by market consensus,
111/244 bg 08-28 19:23:18-08-28 19:23:28 The foam has very strong properties.
112/244 aaa 08-28 19:23:19-08-28 19:23:28 Once consensus is broken,
113/244 08-28 19:23:21-08-28 19:23:28 That's a cliff-like help chart.
114/244 08-28 19:23:22-08-28 19:23:28 And there are also keys for Bitcoin.
115/244 hp 08-28 19:23:24-08-28 19:23:28 I lost my key.
116/244 n 08-28 19:23:25-08-28 19:23:28 You may never find your asset again.
117/244 xss 08-28 19:23:28-08-28 19:23:38 The other is Bitcoin mining, which consumes a lot of electri...
118/244 aaa 08-28 19:23:29-08-28 19:23:38 Many people use Bitcoin as a gray trading tool for money lau...
119/244 08-28 19:23:31-08-28 19:23:38 Therefore, the problems of the Communist Party have determin...
120/244 bg 08-28 19:23:30-08-28 19:23:38 He is just a tool for the few to speculate on,
121/244 08-28 19:23:33-08-28 19:23:48 It's not a financial choice for ordinary people.
122/244 08-28 19:23:34-08-28 19:23:38 Let's talk about Sun Yuchen again,
123/244 bg 08-28 19:24:44-08-28 19:24:54 In July 2017, he did a project.
124/244 hp 08-28 19:23:35-08-28 19:23:38 This project is called Polkadot.
125/244 n 08-28 19:23:37-08-28 19:23:38 From the beginning to today,
126/244 08-28 19:23:41-08-28 19:23:49 It has already reached 1.883 trillion yuan.
127/244 bg 08-28 19:23:39-08-28 19:23:49 What is a wave field?
128/244 aaa 08-28 19:23:42-08-28 19:23:49 Let me start with the Bounce,
129/244 08-28 19:23:43-08-28 19:23:49 Bo Factory is a decentralized virtual high-speed service are...
130/244 n 08-28 19:23:56-08-28 19:23:59 Everyone can understand it like this,
131/244 aaa 08-28 19:23:51-08-28 19:23:59 There isn't a single big boss managing everything here. How ...
132/244 hp 08-28 19:23:44-08-28 19:23:49 It's all about plagiarism.
133/244 xss 08-28 19:23:47-08-28 19:23:59 The white paper is plagiarized.
134/244 n 08-28 19:23:46-08-28 19:23:49 The business plan,
135/244 lx 08-28 19:23:48-08-28 19:23:59 The code is plagiarized.
136/244 hp 08-28 19:23:55-08-28 19:23:59 When Sun Yuchen was just starting out, he relied on these tw...
137/244 08-28 19:23:52-08-28 19:23:59 At that time, I had a lot of money.
138/244 08-28 19:23:58-08-28 19:24:10 Many people, after making money, may think about running awa...
139/244 de 08-28 19:23:59-08-28 19:24:10 Then how to spend this money?
140/244 bg 08-28 19:24:00-08-28 19:24:10 Maybe he's retired.
141/244 08-28 19:24:45-08-28 19:24:54 But it can be supplemented.
142/244 n 08-28 19:24:04-08-28 19:24:10 He really put his heart and soul into it at the time.
143/244 aaa 08-28 19:24:02-08-28 19:24:10 Technology,
144/244 08-28 19:24:03-08-28 19:24:10 Operation,
145/244 lx 08-28 19:25:05-08-28 19:25:16 He is very careful in ecological construction and optimizati...
146/244 bg 08-28 19:24:11-08-28 19:24:21 At that time, many people in the internet circle didn't thin...
147/244 hp 08-28 19:24:06-08-28 19:24:10 Why?
148/244 xss 08-28 19:24:10-08-28 19:24:21 Is it technically advanced?
149/244 08-28 19:24:08-08-28 19:24:21 Not strong,
150/244 hp 08-28 19:24:17-08-28 19:24:21 Have you ever had a product that truly serves the public?
151/244 de 08-28 19:26:09-08-28 19:26:22 Are there any scammers who don't have a pure motive?
152/244 08-28 19:24:13-08-28 19:24:21 Why can he do it?
153/244 aaa 08-28 19:24:14-08-28 19:24:21 Because of its wavelength,
154/244 n 08-28 19:24:18-08-28 19:24:21 What he did,
155/244 de 08-28 19:24:19-08-28 19:24:32 It is a thing of financial attributes.
156/244 lx 08-28 19:24:21-08-28 19:24:32 From our perspective today,
157/244 bg 08-28 19:24:22-08-28 19:24:32 I started climbing a few days ago,
158/244 de 08-28 19:25:27-08-28 19:25:39 He defined his product at that time,
159/244 08-28 19:24:25-08-28 19:24:32 This thing he made is a financial attribute.
160/244 08-28 19:24:23-08-28 19:24:32 Therefore, the things that appear in finance are...
161/244 aaa 08-28 19:24:26-08-28 19:24:32 You can't look at things from a product-centric perspective.
162/244 n 08-28 19:24:28-08-28 19:24:32 Then, for something with financial attributes,
163/244 hp 08-28 19:24:29-08-28 19:24:32 So he has a problem,
164/244 08-28 19:24:30-08-28 19:24:42 What is it?
165/244 xss 08-28 19:24:32-08-28 19:24:42 The potential to make money.
166/244 bg 08-28 19:24:33-08-28 19:24:42 And there are also people who might lose money in it,
167/244 08-28 19:24:34-08-28 19:24:42 You have to accept the outcome,
168/244 08-28 19:24:36-08-28 19:24:42 Some people are addicted to trading cryptocurrencies.
169/244 n 08-28 19:24:37-08-28 19:24:42 It's really scary.
170/244 lx 08-28 19:24:38-08-28 19:24:42 I even think that there are some people who lose money in it...
171/244 aaa 08-28 19:24:40-08-28 19:24:42 It's not worth sympathizing with others.
172/244 hp 08-28 19:24:41-08-28 19:24:42 All of them are playing with their spare money.
173/244 de 08-28 19:24:42-08-28 19:24:54 However, there are some people who...
174/244 08-28 19:24:46-08-28 19:24:54 Some people who are trying to speculate use their parents' r...
175/244 n 08-28 19:24:48-08-28 19:24:54 Spending money from buying a house or borrowed money on gamb...
176/244 aaa 08-28 19:24:49-08-28 19:24:54 all in You said that these people who play with such behavio...
177/244 lx 08-28 19:24:50-08-28 19:24:54 You said they couldn't make money?
178/244 n 08-28 19:25:56-08-28 19:26:00 First, his attitude is wrong.
179/244 hp 08-28 19:24:52-08-28 19:24:54 Look, most of the people inside have won.
180/244 08-28 19:25:19-08-28 19:25:27 Don't say anything,
181/244 xss 08-28 19:24:53-08-28 19:25:05 Lost,
182/244 08-28 19:24:54-08-28 19:25:05 I said I was being scammed.
183/244 bg 08-28 19:24:56-08-28 19:25:05 Who should we blame then?
184/244 08-28 19:24:57-08-28 19:25:05 Isn't that your fault?
185/244 hp 08-28 19:24:58-08-28 19:25:05 The reason why Bitcoin has high investment returns is,
186/244 08-28 19:25:00-08-28 19:25:05 That comes with high risks.
187/244 aaa 08-28 19:25:01-08-28 19:25:05 Moreover, many ordinary people like us lack the ability to a...
188/244 n 08-28 19:25:02-08-28 19:25:05 So, as ordinary people,
189/244 de 08-28 19:25:04-08-28 19:25:16 What is the best way?
190/244 hp 08-28 19:25:08-08-28 19:25:16 The best way is to just not use this thing.
191/244 bg 08-28 19:25:06-08-28 19:25:16 And you can see that our country has explicitly banned it.
192/244 hp 08-28 19:33:42-08-28 19:33:46 Don't take that risk.
193/244 08-28 19:25:09-08-28 19:25:16 If you really want to find some stable and consistent financ...
194/244 08-28 19:25:10-08-28 19:25:16 I think the S&P 500 and Nasdaq only have one hundred.
195/244 bg 08-28 19:25:49-08-28 19:26:00 These are all good financial products.
196/244 aaa 08-28 19:25:12-08-28 19:25:16 Like the S&P 500,
197/244 08-28 19:25:13-08-28 19:25:27 Every year, it has been a hundred years.
198/244 xss 08-28 19:25:16-08-28 19:25:27 His annual growth rate is ten percent.
199/244 n 08-28 19:25:15-08-28 19:25:16 This has been verified by history.
200/244 bg 08-28 19:25:17-08-28 19:25:27 Whether it's a war or a financial crisis,
201/244 08-28 19:25:20-08-28 19:25:27 He is always 10%.
202/244 aaa 08-28 19:25:21-08-28 19:25:27 Why not try something like that?
203/244 lx 08-28 19:25:23-08-28 19:25:27 How affordable this is,
204/244 n 08-28 19:25:24-08-28 19:25:27 So reliable,
205/244 xss 08-28 19:25:58-08-28 19:26:11 How stable it is.
206/244 bg 08-28 19:25:28-08-28 19:25:39 Don't wait for this,
207/244 08-28 19:25:29-08-28 19:25:39 Or even if you just put your spare money in the bank,
208/244 08-28 19:25:31-08-28 19:25:39 How to make money from a bank account.
209/244 aaa 08-28 19:26:28-08-28 19:26:32 That's a bit less,
210/244 aaa 08-28 19:25:32-08-28 19:25:39 But it's also constant.
211/244 lx 08-28 19:25:37-08-28 19:25:48 You're just a normal person, you can't afford it.
212/244 hp 08-28 19:25:33-08-28 19:25:39 Let's talk about Sun Yuchen again,
213/244 n 08-28 19:25:35-08-28 19:25:39 I personally still recognize Sun Yuncheng.
214/244 08-28 19:25:36-08-28 19:25:48 Because he actually said some things,
215/244 xss 08-28 19:25:39-08-28 19:25:48 These suggestions for young people are really effective.
216/244 bg 08-28 19:25:40-08-28 19:25:48 And also, he didn't say anything.
217/244 08-28 19:25:41-08-28 19:25:48 Just thinking about how much money to make,
218/244 hp 08-28 19:25:44-08-28 19:25:48 He was also thinking about doing charity.
219/244 08-28 19:25:43-08-28 19:25:48 He has done a lot of good deeds.
220/244 aaa 08-28 19:25:45-08-28 19:25:48 Let's not talk about anything else.
221/244 n 08-28 19:25:47-08-28 19:25:48 Regarding the recent fire in Hong Kong,
222/244 de 08-28 19:25:48-08-28 19:26:00 He personally donated 10 million.
223/244 08-28 19:25:51-08-28 19:26:00 Donated one million Hong Kong dollars.
224/244 08-28 19:25:52-08-28 19:26:00 So, from this we can see that...
225/244 hp 08-28 19:25:53-08-28 19:26:00 He is not a bad person.
226/244 aaa 08-28 19:25:55-08-28 19:26:00 What he did,
227/244 hp 08-28 19:26:20-08-28 19:26:22 Currently, in our country, it is prohibited.
228/244 lx 08-28 19:25:57-08-28 19:26:00 But have you ever thought about,
229/244 08-28 19:26:00-08-28 19:26:11 Some things always have to be done by someone,
230/244 08-28 19:26:04-08-28 19:26:11 Is there a possibility that in the future, it will be reason...
231/244 bg 08-28 19:26:01-08-28 19:26:11 Stability, return to our homeland, come back to us.
232/244 aaa 08-28 19:26:39-08-28 19:26:43 I think this is also completely possible.
233/244 08-28 19:26:03-08-28 19:26:11 As for how he got out,
234/244 aaa 08-28 19:26:08-08-28 19:26:11 I don't think these are important.
235/244 hp 08-28 19:26:05-08-28 19:26:11 Some things need to develop,
236/244 n 08-28 19:26:07-08-28 19:26:11 To move forward,
237/244 lx 08-28 19:26:54-08-28 19:26:57 Someone has to explore the unknown.
238/244 lx 08-28 19:26:11-08-28 19:26:22 So, Sun Yicheng...
239/244 bg 08-28 19:26:13-08-28 19:26:22 I think he is a person who explores the unknown.
240/244 08-28 19:26:12-08-28 19:26:22 Um,
241/244 n 08-28 19:26:16-08-28 19:26:22 A figure of his time.
242/244 08-28 19:26:15-08-28 19:26:22 Today we will stop here.
243/244 aaa 08-28 19:27:47-08-28 19:27:52 I mainly saw an interview with a blogger who interviewed him...
244/244 08-28 19:26:17-08-28 19:26:32 He immediately thought of sharing this with everyone.