Although I didn't participate in the event when I went to Shanghai and even cancelled the dinner party (I didn't make it to the dinner), I largely understand why there was a last-minute change. After all, this is a highly sensitive national financial center that has been heavily criticized by multiple government departments for its involvement in cryptocurrency policies, causing a big stir. I talked to a knowledgeable friend and found out that the event had been planned for a year and even the office had been rented. How could it be that, as some people mock, they didn't report it to the relevant department? It's true that such a large team is purely foreigners who don't understand the rules at all? Moreover, this is already Solana's third year of trying to organize events in China (last year's event in Beijing was also reported by me, which sparked attention from traditional media and led to the rapid deletion of posts and stalling) ） ， One must learn from a setback. This year, they also hired a dedicated GR (Government Relationship) to assist, and many sensitive terms from the conference were not mentioned. They only focused on the blockchain technology itself, in order to avoid risks as much as possible. But it can only be said that China's system is unique. In addition to current officials, there is also current management, and in addition to local authorities, there are superiors. Reporting to one department does not mean that other departments cannot interfere and manage. If any company says they won't let it happen, then it can't be done. Can you still expect other companies to stand up and support you, saying that it must be done? This is not realistic in the current political ecology of China. Those who have done physical business in China can probably understand what I mean. Fire, tax, and sanitation streets are all masters, let alone Solana, who is the first to break the ice in the sensitive industry of Crypto. Moreover, the Bund advertisement two days ago was too high-profile, causing exposure beyond expectations and leading to a large amount of dissemination by domestic and foreign social media. This public opinion pressure may also have led to unexpected interference from additional forces. I personally admire the courage and perseverance of Solana Foundation @ SolanaFundn led by @ calilytiu. They are so persistent in trying to open up opportunities in mainland China, and Solana is probably the only one I have seen. Most project teams are able to organize small-scale dinners in domestic cities and meet with the community, which is already quite good. But Solana really wants to bring blockchain technology into the mainstream view in China, and the difficulty of connecting Tradifi, which is already thriving in the United States, can be imagined. However, looking at it from a different perspective, if they really manage to get through and make it happen, the rewards will definitely be extremely generous. For example, in the early stages of reform and opening up, Volkswagen Germany began negotiating cooperation with China in 1978 and only signed a joint venture agreement with Shanghai Volkswagen in 1984, which took six years of grinding. The initial large-scale factory construction plan in the middle is not feasible, and we need to adjust the path, starting from assembly and gradually expanding production. What was the return later on? In 2015 alone, the operating profit of Chinese joint ventures calculated based on the proportion of public shareholding was about 5.2 billion euros. So those who go ahead bear the cost of exploring and also have the opportunity to reap the long-term dividends after the market opens up. Of course, the premise is that this door actually opens in the end. Finally, I had a pizza roll downstairs at Kerry Center. I heard that there were some friends who flew from Singapore to participate in the event, even further away than me. They had a much better psychological balance, haha. Wishing @ solana a smooth next few stops