5 Must-Read Articles in the Evening | Will RWA be a transformative opportunity for Hong Kong?

Top 5 Essential Evening Reads | Will RWA Bring Transformation to Hong Kong?

1. BitMEX Founder: How will two wars between Russia and Ukraine, and Israel and Hamas, affect the United States and BTC?

When discussing war and human death, I may sound ironic and reckless. The reality is that men and women around the world who serve in the armed forces are willing to risk their lives for the imagined concept of a nation-state, and they believe it is commendable. I am unwilling to do so, therefore I believe I have no right to vote in support of any country waging war. What I strongly despise are the politicians sitting on thrones who did not participate themselves, but sent beautiful human beings to the battlefield. Most of these politicians have no direct relatives serving in the armed forces, nor have they served in the military themselves. However, they are more than willing to send others to die for personal political and economic interests. War is not a video game, war is wasteful, war is dirty, war is deadly. So, to all these unprincipled charlatans, FUCK YOU! Click to read.

2. RWA and NFT: What does RWA mean for NFT?

Broadly speaking, RWA (Real World Assets) has two types: financial instrument-based (bonds, real estate, stocks, etc.) and cultural item-based (baseball cards, Pokémon cards, etc.). For any type of RWA, most individuals and groups are undergoing the process of bringing “off-chain” assets to the “on-chain” world to leverage the unique functionalities that networks like Ethereum can provide. Think about the DeFi’s non-custodial lending capability, or the NFT’s public and global auction infrastructure. These fundamentally make illiquid assets more liquid. Click to read.

3. Bitcoin Wallet Recovery Guide

What! You need a guide to recover a Bitcoin wallet? Isn’t it just a matter of importing the mnemonic phrase into a wallet software and getting the Bitcoin back? Hold on a second. By reading this guide, you will understand the basic principles behind mnemonic phrases and wallets. And how to recover your Bitcoin wallet. Click to read.

4. Will RWA be a transition opportunity for Hong Kong?

When discussing the topic of Hong Kong RWA, let’s establish two premises: first, Hong Kong RWA refers to compliant virtual asset products on a moderately regulated, licensed exchange. Therefore, discussions about the decentralized, permissionless, purely digital native aspects of blockchain are not excluded but not the focus; second, RWA is where Crypto and traditional finance intersect. Crypto wants to attract larger funds and institutions, while institutional funds want to break through and find greater digital financial opportunities. Therefore, RWA mostly discusses assets of sufficient scale, whether financial or physical assets, but it does not deny that tokenizing an item, for example, is also a broad definition of RWA. Click to read.

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5. The Future of Cryptocurrency: How Can DAOs Prevent a Repeat of the FTX Incident?

What does the collapse of the FTX empire mean for cryptocurrency? Many people have different opinions, whether good or bad. However, few have raised the question of how cryptographic technology can prevent similar incidents from happening in the future. Click to read more

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