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(1-ix) Casper shall help Jieyang to power-grip on jade ever tighter, even as the heretofore not-so-transparent market shall be made to popularise, by way of grading, provenance, chain of custody, etc etc and NFT exchange, just as transitory inflation about to go persistent.
(1-x) Inflation, whether transitory or persistent, as long as fiat money inflation, is very good for jade. See Forbes article 2010 forbes.com
(1-xi) And the top grade trinket is ‘somewhat’ expensive at (US$ 305,000) lanecrawford.com.hk
(1-xii) Bottom line, Casper is a HODL!!! And I have no intention of plucking up the trade by being too clever by half, or any portion. I shall continue to trade BTC and ETH, whether they go up or down, so that I might get more CSPR.
(2) The extra interesting inevitability is that as the word of Jieyang gets out to other cities of China that has something similary in nature, other markets shall arise.
(2-i) Off the top of head i can make up a make-belief situation: China produces ~80% of each of ~14 flavours of rare earth, and wishes to control its export per trade war imperative; the stuff, given small number of mines and processing nodes, and value to density ratio, can be block-chained, and traded through the traditional supply chain of trading houses all the way to the final users, say General Electric (wind turbines), Apple (iPad screens), Intel (chips), and Boeing, Raytheon, General Dynamic, etc etc (F35s, missile guidance systems).
(2-ii) A dictate can be decreed that all rare earth traders and buyers MUST use China CBDC (e-CNY) to transact, and anyone caught breaking the rule would henceforth be sanctioned. Check.
(2-iii) Team USA would then have to blockchain NVidia, Intel, AMD, etc etc to be on level playing field per national security imperative.
(3) Which blockchain?
(3-i) SOL, ADA, ETH, HBAR, ... cannot touch the stone to rule all stones. The logic, served cold, shall appear at C-officer tables.
(3-ii) Refusing to adopt CSPR would mean getting left behind.
(3-iii) Adopting CSPR, then CSPR becomes the standard for corporate / enterprise / government / ...
(3-iv) BTC gets replaced by CSPR, and ETH 1.0 migration to 3.0 gets stuck at 2.0 and end-of-story
(3-v) USD gets a CSPR workaround
(3-vi) Checkmate, game over
Would be one conceivable scenario.
First mover, really only one game in town:
Enterprise Grade
Permissioned / permissionless
Decentralised
Easy development tools / languages Rust and wasm support (and more languages over time)
Energy efficient / Proof-of-stake
ETH 3.0 / Ethereum CBC Casper specifications / Highway protocol
Fast
Future-proof
Low fees
Meta transactions (flexible payment code / contracts that pay for themselves)
