Former U.S. President Trump recently gave a speech at the U.S. Bitcoin Summit, sharing his views on Bitcoin. Bitcoin and Web3 have already gained the attention and development of countries around the world, and Hong Kong is also actively becoming a hub to promote technological and financial innovation. I have the following perspectives:
1. Bitcoin and Web3 are important milestones in the development of globalization. Blockchain technology has solved many innovations in finance and real-world applications, and we should encourage global development together, as this is in line with the application development of blockchain technology.
2. Regarding Bitcoin becoming an official financial reserve for a country or region, I think this is worth considering. The global acceptance of Bitcoin is constantly increasing, and Bitcoin is seen by the public as "digital gold" in the context of its technology, so in the future, it is indeed possible to research and consider including Bitcoin in strategic financial reserves, as long as it is compliant.
3. Hong Kong must accelerate the development of the Web3 ecosystem. Now Hong Kong is at the forefront of the region in terms of compliant regulation and industry development, and I believe the HKSAR government will open the market in a gradual, progressive and responsible manner. At the same time, Web3 represents technological and application innovation, so Hong Kong should further build an ecosystem to attract globally competitive talent and capital, public chains and exchanges, enterprises and projects, etc. to the city, in order to foster the technological development of the industry.
I will discuss the feasibility and opportunities of including Bitcoin in financial reserves with different stakeholders in Hong Kong, and will report the situation to everyone in a timely manner.