1. Have you read CZ's "Binance Life"? What are your thoughts?

Perhaps it’s because I am part of this ecosystem myself, so I am less interested in the things within it (the various rumors and gossip in the ecosystem after Satoshi left), which is why I haven't read this book and cannot comment on it.

My appreciation for the crypto ecosystem mainly comes from three aspects:

First, the values it represents.

Second, the underlying technological framework that supports the development of this ecosystem.

Third, how this ecosystem will change our history.

So when I read books or any materials, they generally relate to these three areas of information.

In terms of values, I mainly read classical liberalism books, such as Hayek's works, some viewpoints from Zhang Wuqian (like some ideas in "The Theory of Tenancy"), as well as some controversial Western books (like "The Crowd").

On the technological side, I primarily look at Vitalik's papers and some new viewpoints, and sometimes I read books related to the latest technologies, such as some basic theories and framework introductions in AI.

Regarding history, I particularly enjoy reading historical texts, both domestic and foreign. We can find many signs of events that are occurring now or will soon happen in the future from history, which helps us make predictions and prepare in advance.

2. Li Lu said that the largest market in a market economy will become the only market, which presumably also applies to public chains.

I hadn't heard this phrase before, so I specifically looked it up online, and it goes something like this:

Li Lu systematically elaborated on this idea in his work "Civilization, Modernization, Value Investment and China."

The more complete original phrase from the book is:

"A free competitive market is a mechanism that continually evolves, progresses, and perfects itself, and the intervention of modern technology makes this process extraordinarily rapid. Thus, among the different markets competing with each other, the largest market will ultimately become the only market, with anyone, whether individual, company, society, or country, falling behind if they leave this largest market and being forced to eventually join."

I recall Buffett emphasizing the reason he insists on heavily investing in America: the rule of law and market economy.

The two statements resonate with each other.

If we view the public chain ecosystem through the lens of the rule of law and market economy, it is indeed quite fitting. Contracts represent the rule of law, and permissionless, free competition represents the market economy.

However, overall, the current scale of the crypto ecosystem is still not large enough; I believe that as it grows larger, this monopolistic effect will become increasingly obvious.

3. How far along are you in your use of AI now?

AI has mainly been a tremendous help for me in thinking through problems and predicting future trends, rather than using it as a productivity tool. Initially, I used Manus a lot, but later I found that Deepseek has strong capabilities in a very niche area, surpassing all the other tools I've used (of course, I haven't used many tools, so I don't know if DS is the strongest, but it’s sufficient for me).

I have been a programmer for a long period, but I’ve only written code using AI once; it was just for fun, and I haven’t used it since. Therefore, I am quite convinced by the coding capability that many people online emphasize, but it hasn’t been of much help to me.

My usual way of using these AI tools is mainly through conversation; I use them daily, asking them various questions, allowing them to assist me in investigating companies and analyzing trends, and that’s about it.

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