A news screenshot appeared on the big screen:
<New York Consensus: Bitcoin "SegWit + 2MB fork" expansion plan has been reached>.
Several students from the School of Computer Science in the back row were visibly excited, whispering among themselves to discuss technical details.
To them, this part is more attractive than the legal risks.
"The significance of this agreement is no less than the birth of Bitcoin itself."
Zhao Chen Key terms of the Zoom Agreement,
"It solves the expansion problem that has plagued Bitcoin for three years.
To put it simply, the transaction speed will increase from 7 transactions per second to thousands of transactions per second; the transaction fee will decrease from a few US Dollar to a few cents."
The technically savvy students in the audience had already begun to nod.
"What does this mean?" Zhao Chen asked and answered himself,
"It means that Bitcoin has taken a key step from 'digital gold' (stored value instrument) to 'payment currency' (circulation instrument).
And this step will bring three far-reaching impacts."
He held up three fingers:
"First, expand application scenarios.
When transactions are fast and cheap, micropayments, cross-border remittances, IoT settlements... these scenarios will all become possible."
"Second, regulatory attitudes have changed.
When Bitcoin truly functions as a payment, supervision can no longer simply 'ban' or 'ignore', but must formulate detailed rules – just like regulating banks and payment institutions."
School of Economic Law Dean leaned forward slightly, obviously very interested in this point of view.
He turned to the vice-principal and whispered a few words, and the vice-principal nodded.
"Third, traditional financial institutions enter the market.
Goldman Sachs, Morgan Stanley have begun to study Bitcoin, and Fidelity Investments even allows customers to use their pension accounts to invest in Bitcoin.
The entry of these institutions will bring compliance requirements and regulatory pressure."
He concluded:
"So, the agreement on May 23 is not only a technological breakthrough, but also a catalyst for ecological evolution.
It turns Bitcoin from a 'geek toy' to a candidate for 'financial infrastructure'."
Li Jing secretly took a photo of Zhao Chen raising three fingers and sent it to the dormitory group:
"Chairman Zhao's stunning moment!"
Zhou Xiaowen replied instantly, "I have saved the picture! This angle is amazing!"
"Finally, I would like to talk about future trends."
Zhao Chen Switch to the last part of the PPT, titled: Compliance, Institutionalization, and Scenario Expansion.
"Let's talk about compliance first." He pointed to the Japan case,
"Japan's <Payment Services Act> requires that the trading platform must be registered, KYC/AML must be implemented, and customer funds must be isolated.
This seems very strict, but the result is-Japan Bitcoin's trading volume accounts for 40% of the world's, making it the world's largest market."
"Why? Because compliance brings trust.
Investors don't have to worry about the platform running away, merchants don't have to worry about payment disputes, and supervision doesn't have to worry about losing control. This is a positive cycle."
Shen Zhiyi looked at Zhao Chen on the stage, and suddenly remembered the scene when he stood up and predicted Real Estate Crisis in the classroom more than half a year ago.
At that time, he was still a little green and eager. But now, he can calmly explain complex financial and legal issues in front of more than 2,000 people.
This growth rate is amazing.
"Look at institutionalization again." Zhao Chen showed a report,
"The current market value of Bitcoin is 40 billion US Dollar, but the related assets managed by the institution are less than 1 billion.
What about the traditional financial market? The scale of gold ETFs alone exceeds 80 billion. This gap is the future growth space."
He paused and his tone became determined:
"In the next three to five years, we will see Bitcoin ZETF approved, see pension and insurance fund allocation Bitcoin, and see banks launch Bitcoin custody services.
By then, Bitcoin will no longer be a fringe asset, but part of the mainstream asset allocation."
A few finance graduate students in the back row quickly took notes.
One boy said to his companion, "This is a bold judgment... but if he is right, now is a good time to make a move."
The companion nodded. "The question is, who dares to follow?"
"The last thing is scene expansion."
Zhao Chen shows several application cases,
"In addition to payment, Blockchain technology has broad prospects in Supply Chain Finance, Copyright protection, identity authentication, voting systems...
As the first and most successful Blockchain application, Bitcoin will benefit from the expansion of these scenarios."
He looked towards the audience and scanned the young faces:
"So, my judgment is:
The future of Digital Currency does not belong to those speculators who hide in the dark and evade supervision, but to those builders who embrace compliance, promote technology, and expand scenarios."
The speech ended with thunderous applause.
From the beginning of the speech, most of Chen Xi's attention was on Zhao Chen - not as an admirer, but as an assistant.
She paid attention to his speaking speed and rhythm, the timing of turning the pages of the PPT, and the reactions of the students in the audience.
Seeing that the speech was successfully completed on the spot, she was instantly relieved.
After the speech there was a question and answer session.
The first person to raise his hand was Wang Jing, a graduate student from School of Economic Law. Shen Zhiyi knew her—a competitor for the national scholarship last year.
Chen Shuhua whispered to Shen Zhiyi, "Wang Jing is always sharp when asking questions."
Shen Zhiyi nodded, his palms a little sweaty.