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[video] Meng Yan CSDN vice President: block chain seven pitfalls of economic system design

Time:09-17

Meng Yan speech video

https://v.qq.com/x/page/h06200x51zv.html? Start=117



Meng rock
Meng Yan is China's largest IT CSDN, vice President of community and service platform, a former IBM senior manager, greater China at the moment, he was more attractive to a block chain technology experts,

Here are Meng Yan technology and its application in block 2018 chain summit speech excerpts:



Vice President of CSDN Meng Yan

Below we start dry, everyone remember some of the basic principles, this is just some, not all, the first call to ponzi principle, can not be the person of money to the front of the person to pay interest, the ponzi scheme is not desirable, you can do a lot of people say, doing it, not a few months time, is that your debt, where you can run? Now this is where you can run, in particular, I don't understand, why do this design of a see be ponzi,
Mentioned the second principle of growth, the economic growth, only increase is healthy, this is not because we use this new tool block chain have change, economic growth has two reasons, the first factor increased, production promotion, you must be because these two reasons lead to the growth of the economy, the advantages of chain block where it is, then a larger scale, optimizing the resources configuration, that is the strength of chain blocks, so if you can't be used block chain advantages to attract external resources, promote, you this block chain is a problem for certain, is that you try to put your economies design, chain block design, can optimize the allocation of resources in a wider range, do it right, will naturally massive influx of external resources, so the economy growth, conform to the basic principle for the application system of the growth of the economy, never created.
You have encountered in the practice of chain block design, I dare not say one hundred percent, more than 90% in the seven trap, one or more, I explain, scrip, trap that you design a model, designed a economic system, in the economic system with the dollar is the same, just issue a token of their own, without any special features, I said to be a first for recycling, I issued a currency, but if so what is the point? You can't change any production relations, there is no change from person to person, the relationship between unit and unit,
Of course they do design for a reason, this design is when the central bank, this is typical of a wrong design, you see this design directly to cross rolling back, roll how far how far,
The third is the black box design, I don't see what to do,
Fourth is called utopia trap, COINS into the trap of assuming that this group of people together, we can according to his rules in accordance with the rules of autonomy, we know that the currency effect is not good, this is a paradox, because doing this completely distributed management and autonomous management of the original is very good, he is not honest people, human tissue is flawed, can not believe them, don't let them have the existence of the centralized organization, so he has designed a kind of autonomous system, but he thought now that people must be flawed, you design a set of rules there will be no mistake? Rules in the development of your won't produce a freak? Sure will! So you must have governance mechanism, swear at both parties, a consensus here,
There is also a casino is trap that many people he also designed a good allocation mechanism, mechanism design a good income, but he didn't want to clear this why can growth? Why can create value? Finally become a casino, you pull plate, we buy and sell, in this does not create value, is a complex, this trap is committed,
Then there is a soft top trap, the trap a lot of people don't realize that there is a trap, called deflation trap, artificial to make deflation, manufacturing appreciation expectations, causes the expected future appreciation of some deflation is designed to lead to interest can not be sustained,
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