"Little Pony" knows a principle: productivity determines production relations, and production relations counteracts productivity.

Many people say that artificial intelligence is a major development of human productivity, and blockchain is a revolution in human production relations.

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The history of computer development began in 1946, less than 80 years. China has been connected to the Internet since 1994. It has just been in its early twenties. China’s mobile Internet began in 2010 and broke out in 2013. Some people said in 2016. The era of mobile internet is over.

From the computer to the Internet, from the Internet to the mobile Internet, to the end of the mobile Internet, the duration of each phase is shortening, in line with exponential growth.

2018 is the first year of blockchain development. Why is this year? Because of the popularity of high-speed Internet in the world, because of the rapid growth of computer storage capacity worldwide, because the global chip computing power has broken through the rapid improvement of Moore's Law, the computing equipment of the world is getting faster and faster. Broadband interconnection, which is the result of the growth of the human productivity index, has finally led to the blockchain, the technology system that began in 2008, which broke out this year.

The decentralization, de-intermediation, and non-tamperability of the blockchain have solved the problem that human society has always hindered the development of production. The mistrust between people can completely remove the huge Social exchange costs (friction costs).

"Internet +" will be replaced by "blockchain +", and the blockchain will redefine the relationship between people.

Whether it is Elon Musk's global satellite program or controlled nuclear fusion, whether it is a general-purpose quantum computer, or a supersonic high-speed rail and a supersonic aircraft, whether it is the combination of artificial intelligence and human brain, or the long continuation of biotechnology for life. In essence, it is a tremendous development of human productivity. This has led to the inevitable adjustment of the production relationship. At this time, the blockchain will continue to develop and popularize along the rapid growth curve of the Internet and the mobile Internet beyond everyone's expectations.

A recent essay "An unprecedented white-collar bankruptcy wave is coming!" This is not an alarmist.

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