OMG, is this really the legend Nakowa?
Google translate of his speech:
Li Xiao (right) participate PingWest bitcoin salon
[Editor's note] Li Xiao is probably the most famous players bitcoins, this self-proclaimed "brain powder residue Bitcoin" guy, two years before entering the field, not only the rapid accumulation of wealth, but also to establish a good personal brand, as well as a Bitcoin investment fund industry entrepreneurs Bitfund. June 29 afternoon, Li Xiao to attend PingWest organized bitcoin salon and made a speech, the following is his speech:
Two years ago, I was definitely not imagine such a venue, there are so many people be concerned about this thing bitcoins, today there are so many people, really made me very, very surprised, at the outset, I was bitcoin brain residual powder I repeat, two years ago I was bitcoins brain residual powder. (Applause.)
? Which I have recently discovered what once generated controversy when I first said, "I was brain residual powder", do not say anything, and quite worry; second thing, I think Chinese people are the world's most calm people, I have the following very calm, very calm and looked at everybody, then I am very calm. Two days ago, the Industrial and Commercial Bank of China occurred in a very calm things people do not, but then I found that the Chinese people are still very calm, and I greatly admire; third thing to clarify is that I never had bitcoins fund launched No, I called the fund "bit Fund", a word on the poor than end it, as if, like Lei Feng and Lester, particularly poor.
Since I was brain residual powder, we came up brain residual powder that want to say something:
I've been living in a world of Bitcoin for two years, two years in a sense is more lonely years, I have people around me never mentioned bitcoin, but for various reasons, so I know I should do, so I always hold a large public acquisition bitcoin on my blog. As we all know, is particularly interesting to say, the people around you are definitely not looking at your blog, and you know what? Then suddenly one day, they say, to laugh, I heard you are a big coffee bitcoin? ! I do not know the "big coffee" What is the meaning of the word, and now I do not know. Then they blame me, "Why did not you tell me?"
In fact, this is, to date I rarely to people who do not understand bitcoin to explain why it is reasonable, I think this thing very, very difficult. There are a lot of people often say, "wow! We are using Bitcoin" and "Bitcoin very good!" "You want to use Bitcoin!", I often tell them that this is not necessary, you heard who Publicity gold? "Dude child, gold is good!" Have you ever heard of anyone propaganda on the Internet? "Dude child, you do not have the internet does not work!" I think so, anyway, this thing is very good that way, with no love, no you do not chant, I like I used to chant.
So I've rarely talk with others, and sometimes forced, like a special invitation to our national well-known institution, my good friend there is a partner, joking to tell us about two years ago, I went to speak, the following sat 20 people, said to be the planet's most intelligent heads child, I spoke for half an hour following the reaction of people that are not, they look at me like a madman. It is said that one day bitcoin more than 100 U.S. dollars, and they collapsed two years later, reportedly looking for another group of people, a higher level, laugh to you Come on, tell us. I said, did not understand the last to speak, this time to understand that this is professional. Well, go, talk for an hour, looking down a one confused face, I was desperate. Really bother to speak. So I come here today, up statement about my brain residual powder, flour absolute brain damage, do not ask me another question.
Bitcoin is another world is definitely a real world , which is really very, very important, it means very, very much, I just pick one thing to you, you thought not, appear before bitcoin, how do you imagine a No counterfeit banknotes in the world? You do not have money, but you printed out, and then you take out, you'd hate counterfeit, you do not hate, as people, usually out of reach of counterfeit notes, but you do not know this world there is another counterfeit existence, legal counterfeit, the currency issuance, you do not go through I agree to squelch out of print, I also too close to, to get the bank to say it is true. In a sense, we were in human history, we are constantly evolving process, we as a people's power is very small, very weak, really is mercy, but today something out of nowhere, we After careful scrutiny, wow! No counterfeit!
Of course, it means a lot, and I can tell a can understand it? But this is really important, so in a sense I am particularly surprised that people actually bitcoin tube called a "virtual currency", which is wrong, what is virtual currency? This is real money, it is the money, all of you, and you come up with 100 dollars in his pocket to look at, touch it, that is a virtual currency, understand? So, like me, never mention what virtual currency, it is the money, and I do not argue, brain residual powder is so (laughs).
We can see, this is a pair on the evolutionary chart, we are in this one, in fact, and here are no different, but it is evolving by chance, in a sense, the human species as the Earth stood at the top of the food chain Why can go today? Many scholars repeated studies, desperate to finally arrive at a conclusion, pure TM luck. Understand it? But this is really fun, you know why it is fun? Bitcoin just appeared, when I went to touch Bitcoin, I do not even think it would come today, and I just think, Wow! Too cool. Then I have people around me a slightly different thinking, Wow! This is a very, very good social experiment, but I have a very clear distinction, if I go to participate in this experiment, and the experiment failed, it was not my failure, is the experiment failed, is not it? In fact, practitioners will never do such a thing, an experiment fails we do the next right , so today there are a lot of people wonder what in case of recurrence of new virtual currency, it is not finished? I find it very strange, finished finished Well, what a great, we do a thing, and that is progress ah. Each of us is involved in, in fact, in a sense, we just stand here as (evolutionary source) in the Bitcoin world, since we have no children how to know whether we will be on Earth standing on the top of the food chain species, we do not know, a time when dinosaurs cow, but the climate changed, they can scrap it, as to when Bitcoin was spent, and even brain damage pink, I have to honestly say, I do not know.
But behind a particularly important thing, we think about it, humans in the development process, we are so weak, so we know what to do, what we can not believe anything the first time we believe, bizarre, burn incense and pray, then slowly people started to wake up, the crowd there are some smart people tell you, you wrong, I'm the more right, everyone finally beginning to believe that only God, you know, a lot of the earth religion, there are so few, there are a number of "only God", is absurd, but in that world they believe only God. Later we have progressed and found it does not, then we start all kinds of authority letter. Then we started down into our longing for community, the legal community, of course, luck race on earth is different, some people born in the United States, they are so cool, and some people believe it is not born in the United States , very unhappy. OK, we are still struggling.
However, Bitcoin appeared, I was seeing it is such a feeling, "Wow! We do not even legal." This is too cool, as long as the math on it, so I was brain residual powder is a reason, I always thought, I have repeatedly stressed, the same thing in there, each person is not the same to see, as to what he saw was entirely depends on his accumulated knowledge of the past and his level of thinking, nothing more, So a lot of controversy is not necessary.
We immediately began to enter the most important part, if you are interested in Bitcoin today, I believe you told me two years ago and thought exactly the same, how do I participate in this thing, there are many ways to participate in this thing, like I'm a good friend mother, her participation is to pipe my friend asked for a bitcoin there own wallet, everyone said, I have bitcoins! Ah well, this is a participatory approach. But there are more people think, I'm sure you, like me think of was, "how do I build more?"
Here I explain just passing Zhaoyuan Zhang said, I wanted to explain to him, we regard as collectibles Bitcoin itself there is nothing wrong in fact , we thought this thing do? Do you know why nothing wrong? All people who hoard coins are actually contributing to the community, his coins not in circulation, the currency appreciation mean the rest of the people get it. Then there is another risk to hoard coins, the hoard hoard hoard of lost it? Possible way, and that his contribution is even greater. Traditional knowledge has been detained people are never imagine not understand this world there is only one bitcoin is enough. They do not understand the math, you know? Erupt in applause!
So I think all of you are likely to think so, and out of this world who I will tell you one thing, the world is a real world, so in the real world there is a principle is hugely magnified, is the credibility of non- price. You have heard about the business world is about credibility in the world, as if someone in the real world do not speak reputation, it does not matter, but you would like to make a little bit money, I'll tell you, especially particularly simple, the first thing not to talk to people argue, gives publicity to himself to be a site to see people be a clearing house, which I have to be exchanges, no, no use, you did nobody come. I'll give you two examples, Bitcoin forum moderator Chinese area called John K, he is my partner, because I Bitcoin established a good network of contacts, the child through whom the guarantee amount is $ 1 million per day, Oh, every day! He be? 19 years old, yet birthday yet. He made Bitcoin moderator for two years in two years, some people want to buy a roast cat, the cat had to beg grilled John K, you know, everybody give money to John K, grilled cat stuff produced things made in the past , John K then the money to him, John K guarantee fees charged seven parts per thousand, which is a Malaysian Chinese children, speaks English better than I speak Chinese are better than me, going up to the U.S. to study.
So you can not have a website, or may not technology, but if you actually use some method to establish some kind of connection here to make money just like to play, but once you walk into this channel you will find that you no longer think about money thing, because of its own to come, you do not think about it, it's really important.
Let me give you another example, this is a man I recently met, Dooglus, Canadian small group of children, he recently did a thing called just-dice, everybody look, not that Satoshi DICE variant Well, I tell you, Satoshi DICE is Bitcoin in the first major listed companies is very strong, once their turnover reaches half of the entire Bitcoin, a gambling site, and then there are N people, I have statistics, no less than 1300 sites imitation Satoshi DICE, you say technology is good, but you do that is useless, nobody to play, because people do not know who you are, I give you the money, how do you lie to me? just-dice to date on-line until the seventh day, already has invested about 14,000 coins on his website, it is equivalent to one thousand two to three million yuan, why? His influential force in the Bitcoin forums, third line on his website, the website suddenly hung up, buddy child did not sleep well for three consecutive days, and went to sleep, the site hung up, everybody panic! But it was time to stand up on the forum, said "absolutely not!" After three hours, the UP website.
You see no such examples are many, many, many of today, the truth is particularly simple, two years ago, I realized this, so I intend to establish the impact of Bitcoin, I openly hold, I acquired a large number, I do my say, this is not a film you want to come out today forehead children. The first thing you need to do an honest man, honest and a lot of money here, and the other to establish influence how long it takes to build all worthwhile, believe me.
The next step is down to earth, down to earth what is it? To begin with, said a particularly common sentences, ideas are Cheap , you know, Bitcoin one out, it is absolutely ...... your head all blown up, each angle can make you think for a long time, a man came into contact with bitcoins , within six months to figure out all the things it can, I usually think that this person is very, very high IQ, because you not only have adequate knowledge in various fields, and you have enough ability to jump from the knowledge of the understand it away again, this is terrible. For example, 21 million is not enough money, like what? But his past is caused by the accumulation of knowledge , so understood it? So half the time quickly, and every day you have a variety of ideas, wants a day, wow! I can do this to make this, you can do that make that, but I tell you, this is my advice, down to earth, you are capable of doing thing, this world stage, there is a characteristic, who earn the most money do? Those that have the ability to work independently to put this thing from start to finish Almighty do people earn more money , you want to work with others? Difficult. I tell you, I voted team like this, he says he wants to bitcoin, yes, seven of our partners, we head count, because it is valuable currency in the world, but also a bit difficult to ensure that the bit There is a coin purse taken away how do you do? On your own, you lose me to find you, anyway, you're not the two of you in him, the three of you? I know who you are? Partner is so difficult.
I take my own example for everyone to talk about, you may have seen my experience, I initially bought a 2100 bitcoins, I think this is a great experiment, the experiment in case of success, I actually have in this country millionth hey! I think of all the heart, think of all goose bumps, and then I spend money to buy a 2100, and then it rose, rose to the dead, the first time I bought also $ 2, and so then I buying a calculation of the average price has been $ 6, a sleep and wake up one dollar a sleep and wake up two U.S. dollars, rose to 24 when squelch my heart started, I think these are the profits, I can use It is to buy mining machine, we now look at the picture that was the biggest mines in Asia, then forty few graphics, which is inside a container, the container on the Beijing to Tianjin, a call between rural Bazhou , two air-conditioning, which is one side.
But how many actually do not dig mines, dug around 200 to a pitiful it, why? It is not my own child, I was able to get, I had to entrust a person, he promised to help me cover this stuff, but really a power cut, a week to catch him in the past. Fortunately, my heart, and endure a week, he said, laughing come get it! Get, excavation! Then he returned to Tianjin, the next day, and hung up. No way, nothing can be done. I assure you, if you have to rely on someone else to do it, you will encounter 100% of what I encountered. So then why do I not do the mining machine, I quickly put it sold 10% of the price I have to sell it, and then did a quick thing, I began to spend all the money in the account kept stocks trading Why? This is my own competent, completely on me, who do not rely on, whom I do not say, I'll get it.
Of course, that experience I'm a blessing in disguise, think back now, this is my life, earn money cleanest, easiest money that little mouse Well, clean, we do not say it, you know why neat? That do not pay taxes. I would also like to pay (laughs).
So be sure to do the things down to earth, whatever things you do, otherwise you every day of the enlarged head, daydreaming every day, would have looked like a madman in the eyes of others, and then like a madman, and boring.
I hope you understand that this is probably the best learning opportunities encountered in my life, I never stop learning, and I catch what to learn what I learned everything happy, you may know, as an English teacher in this process last August to 40 years old, I began to learn to do the site earlier this year produced a website called " knewone ", is actually very popular, I was such a person, learn what caught anything, I was really happy, but times Bitcoin really gave me an incredible opportunity, knowledge can be realized so quickly, a lot of knowledge really can be quickly realized that many people feel that they are experts in finance, he has been saying this thing if we are hoarding We all speculation, we are trading money, then it does not worth the money. I think this is a bad idea knowledge, money itself is a commodity, and currency is the most essential commodity.
I ask what the largest market on the planet? Financial markets, and that it is better than the big beef noodle market, every day people say, I can not buy it Bitcoin beef noodles, I bought it doing? I think this is a phase difference between the ideal person, do not say. It is the accumulation of knowledge points.
All of you English are very good, if not understand little English, can not read the paper, looking at the effort dead, turned forums have turned not move, this is the kind of knowledge is realized, the most important thing is mathematics, mathematics is a kind of knowledge realized, grilled cat stock is currently the world's most bitcoin only worth investing in stocks, particularly special reason is simple, all other chip makers and managers are not baked cat skull children, people with detailed actuarial models, which are mathematical The problem, mathematical brain so bad, but also mining, joke, real talk, this is not a joke, so think about yourself.
Of course, the most important thing is the logic, I actually have a very good book, talk about the primary logic, called "the time as a friend," a new version soon, and we have time to look, it is probably the easiest realized knowledge .
Bitcoin is actually involved in the process of realization of the process knowledge , then remember the following such a thing, made easier said than done, for example one aspect, I buy bitcoins I just do not sell, we feel easy? It did not sell 15 yuan, 20 yuan is not the time to sell, not sell 32 yuan, 42 yuan is not sold, 260 do not sell, do not sell the 90, easy? So to tell you, and totally imagine the contrary, we want to keep those who dare to feel reverence currency, really is not so easy, as I also said in what they do contribute, why not sell, for two reasons. The first reason, I've got too little, I am concerned it is entirely spare cash, even if it is now Kacha gone, my life is my life, all these years I have been living on my royalties. Today so many bitcoins originated much money on it? We can not imagine that 4600 yuan, New Oriental had previously listed a long time, the teacher asked us ...... I was the last batch of the 2000 shares I need to spend two dollars to buy one, I actually do not have anything to complain, it bought, bought after every two or three days, really listed the hey, so I was in a country where economic regulation of stocks actually have a account, it actually rose after the listing, actually rose after rose more than eighty dollars, I actually sold hey, I sold it fell after the discovery hey, then I bought Apple stock, but later found Apple stock whirring up.
Listen more than hanging, in fact, I only became a forty or fifty thousand dollars right after the New Oriental stock to sell, just forty or fifty thousand dollars, and later bought Apple stock into a hundred thousand dollars only, and later became a bit coins, and later increased by several times, but for me, I can do this very simple starting amount is 4,600 yuan, I always told myself, that is 4600. But I can tell you, probably more than a year ago I also had a crash, but then I found I could not put it on the side, so I put it into the paper in my wallet forever out of reach, understand? Otherwise I have to sell, why not sell 260 when it? Does not reach, then forget it.
So often made easier said than done when you start with the people in this world will always be someone to deal with your breasts vouch please your mind of doubt, that is true, this can be less disadvantage.
Then the next thing is an international perspective, which is to participate in today's meeting and people want to know exactly what bitcoin chance to speak, not just the small players bitcoin. For example, I now own investment team, he often asked the question, "Where is your target market?" They said, "is China," PASS I basically put them out, I simply say, please listen carefully, P2P network is the real meaning of the network , can understand this phrase? Before P2P does not appear, network or analog network, it is inserted down the center of the result, the server hang hung up, it will not let you see FaceBook, you do not know the existence of FaceBook, so that is the network before the network is not, But the emergence of P2P, P2P occur after the real power of the network to appear unstoppable, unstoppable, so all things related with bitcoins from the outset, international, and must be international, otherwise you put yourself locked up. I can only say so much, so in fact, I am now much better investment team are abroad. This is an international perspective.
Finally tell you, this thing Why I became a brain residual powder, in fact, the most fascinating thing called life out of nothing, this world had nothing, you have a wave, it appears, this is who is doing things? All people can do nothing called Creator, we can translate it into a "creator", of course, you know, in other contexts it is called "God" out of nothing, so it is very charming, very, very charming .
Let's look at the actual situation, bitcoin practical significance for all of you is far greater than the currency you see, I have a large group of Bitcoin, the slogan "Today there are 10 people in the future are large coins," you want to Try not to sell four insist, then what? Future currency in case you are lost, try (laughs).
I say another thing, it gives us the opportunity to change and it has brought us is unprecedented, how ever it is called? I can only tell you a clue, I never thought this life can accumulate wealth at this rate, I think the world has experienced a lot of people like me, so some experience, do not you think it makes you change the longevity it? I say clear now? This longevity with you there is no difference,
Then we look at the world two years ago, look at the world after two years, two years ago, when I entered this world a barren, what? Nothing. But today is not the same, we have an exchange, we even have already seen in P2P exchanges, we can trade stocks, and we actually have here listed company, and then more and more people begin to pay attention, began more The more people begin to use it, you see, I used today are Bitcoin VPN buy, and more convenient ah, no registration, to send here, beep, I started to use it. So the world is changing, but no matter how they change, it is still very primitive, really very, very primitive, although it is a new world.
So I do not think how far we have come out, there is still far behind, we are not only going to a third time and there are many, many opportunities and I hope I bring to you today to share a little, some special simple principles to help, thank you.
