**[Justin Sun: Fully Transitioned to Cryptocurrency Since 2012, Not for Profit but for the "System Upgrade" of the Era]** BlockBeats News, October 9 — Justin Sun stated in Shao Ailun's podcast *"How Can Young People Seize Opportunities in the AI Era?"* that he had converted all his assets into cryptocurrency as early as 2012. His motivation was not to make money but rather akin to muscle training — "for a system upgrade, doing what I believe in, doing things within my cognition." Justin Sun compared this to being among the first to purchase an iPhone when it was launched: "The only reason I bought Apple products was because I felt they represented the future, not even for profit." He mentioned that assets like houses and cars belong to the old era and cannot be "translated for machines," whereas digital currencies and Bitcoin can be recognized by machines. "Versions cannot roll back; they can only be updated forward. The earlier you update, the earlier you benefit." He admitted that he bought in at a relatively low price at the time but remarked, "Everywhere involves a cost of entry, just like starting muscle training at seventy is too late — the earlier you buy, the better." Regarding advocating for storage, Justin Sun stated that the trend is moving in that direction, and there is no need to resist it. He explained that the reason he became one of the first to advocate for storage is that the development of AI inevitably requires storage — this is a trend judgment rather than profit-driven. He emphasized that many things he does are not primarily for making money: "Profit is a byproduct because you are doing the right thing. Why does it generate profit? Because society values it highly; why does society value it highly? Over time, it's because its role in society becomes increasingly important." [Original Link]