Red crowned businessman returns: Trump's crypto ambitions and our way of survival From the previous statement that Truth was going to issue coins to refute rumors, to yesterday's statement that he was going to raise funds to buy coins to refute rumors, this is actually very Trump style. It's clear from his actions on tariffs. But looking at the essence through the phenomenon, it is becoming increasingly apparent that the Trump family intends to establish their own new financial empire through cryptocurrency and seize a large amount of wealth. What can we do? Do you follow his constantly changing mouth to speculate on currency? Most likely, you will be played dead because what you see is only what he wants you to see, it's too shallow. Try to find the answer from history ~~~~~~~~~~~~~~~~ If we were to find a suitable example for the Trump family, the special character of the "red crowned businessman" who has been famous several times in Chinese history might be slightly closer. Taking history as a mirror, let's talk about a few people: Hu Xueyan from the Qing Dynasty, Qiao Zhiyong, Shen Wansan from the early Ming Dynasty, and the Rongshi family from the Republic of China. For example, Hu Xueyan supported Zuo Zongtang's western expedition and pacification of Xinjiang, providing a large amount of silver, logistics, and material allocation. On the eve of the collapse of the Qing government's finances, he used "civilian power" to stabilize the empire's border defense line. During the sweet period of these businessmen and regimes, they had a huge influence and guidance on the entire economic operation of the country at that time. Or is it Hu Xueyan? He is involved in three industries: -Hu Qingyutang (Pharmaceutical) -Hu Xueyan Bank (Finance) -Export trade of silk tea from Shanghai and Hangzhou (foreign trade) In these three industries, he has almost become a deep participant in rule making, naturally gaining first-hand information and the best angle of participation. So, as an ordinary background private finance practitioner at this time, how can you most effectively earn maximum profits through your work in the environment at that time? You can leave this question to Ai to ask, and the answer is actually quite interesting. I won't go into too many details, let me briefly summarize: 1. Try to get as close as possible to the information source, preferably by joining the other party's system, even if starting from the grassroots level. 2. Thoroughly study the other party's intentions, strive to stick to their strategy, and provide assistance as much as possible. They eat big meat and you eat garbage. For example, if he wants to open a bank account in a remote area, you can provide him with assistance as a regional ticket exchange intermediary as soon as possible. 3. Find the main techniques/channels for the other party to search for wealth and master them ahead of others, resulting in information/cognitive gaps. For example, in the financial industry at that time, if you mastered operations such as regional exchange, hedging and arbitrage, and settlement of bulk bank notes, you were the most scarce financial talent in the market. If you understood the typical silver bill spread gameplay at that time, such as "fractional interest rate", "discount", and "flying ticket", you would have been ahead of most of your peers. ~~~~~~~~~~~~~~~ To summarize: Although it is somewhat regrettable that the industry has entered the era of rule makers driven by technology leaders (V gods), our first demand in the industry is still to make money. If you can't win, join. If you don't have the opportunity to join, take advantage of the situation and find points worth analyzing, striving to be faster, deeper, and more knowledgeable than others. If you can't stop King from eating meat, then try to have soup together and don't let him treat you like a dish on the table.