ENCRYPTION CONCEPTS DAILY WATCH: BBX: EIGHT YEARS ACROSS A BEAR AND NOW YOU DON'T OPEN AN ACCOUNT TO BUY A GLOBAL STOCK
Eight years ago, the BBX that's going to be the Chinese version of BitMEX, now lets you buy the global stock market in stable currency. From the USDT contract in 2018 to the global stock RWA in 2026, an eight-year-old stock exchange。
Early 2018, the BBX went online. A year later, in February 2019, the encryption market was trapped in the coldest winter. Bitcoin was lying under $4000 for almost two months, spot trading was weak, and an exchange that had fought daily began to grieve for survival. At that point, Odaily Daily wrote a story: 2019 Exchange Survival Guide, BBX to Chinese BitMEX. The main character of the article is the derivative exchange that has been on the line for over a year, BBX, and the founder behind it, Jasper。
THAT'S WHEN THE BBX DID SOMETHING THAT WAS LATER COPIED BY A LOT OF PEOPLE: WHEN ALMOST EVERYONE USED THE BTC AS A BOND, IT STARTED OFF ON THE USDT. LOGIC IS ALMOST NATURAL -- IF YOU DO THE RIGHT THING, YOU GET THE RIGHT THING, NOT BECAUSE THE BTC FELL AND LOST THE RIGHT LIST. TODAY, THE STABILITY CONTRACT IS ALREADY THE INDUSTRY STANDARD, BUT IN EARLY 2018 IT WAS A BOLD JUDGEMENT。
At the end of the story, Jasper left a message that wasn't very interesting at the time: the BBX would follow regulation and move more traditional financial products into chains. Eight years later, looking back at that sentence, it was like a pre-written text。
LET'S START WITH THE SIMPLEST THING: BBX IS STILL THERE
THE MOST IMPORTANT THING IN THE ENCRYPTION INDUSTRY IS THE BEGINNING OF THE STORY, AND THE LEAST IS THE END. THERE ARE ONLY A FEW OF THOSE EXCHANGES THAT ARE CALLING FOR "SUBVERSIVE" AND "A CHINESE VERSION OR SOMETHING" THAT CAN BE OPENED TODAY. THE SURVIVAL ITSELF IS A SCARCE CAPACITY IN THIS INDUSTRY. IT MEANS GOING THROUGH 312, GOING THROUGH FTX, GOING THROUGH ROUNDS AND ROUNDS OF BEAR AND SUPERVISION. A LOT OF PROJECTS WITH MORE BBX NAMES HAVE STOPPED IN THE MIDDLE OF A JOURNEY. AND THE BBX IS NOT JUST ALIVE -- IT'S CHANGED, IT'S GROWN AGAIN。
TODAY'S BBX, IT'S CLEAR: BUYING GLOBAL STOCKS WITHOUT OPENING ACCOUNTS
Open bbx.com, most notably, Global Stocks. No Broker. You just need a wallet, a little stabilizer. A wallet, connecting U.S. shares, Hong Kong shares, Japan shares, Korea shares, Taiwan shares
What can it do now:
The price of global stocks is fixed directly. United States, Hong Kong, Japan, Korea, Taiwan, five major markets. In Weedda, Sofi, Palantir, Microcomputer, Building Banks, Networks, Mi 500 shares, one key to the chain, USDT settlement, 24/7 all day, no longer tied to trading time and time zones。
IPO IS NEW. IT IS POSSIBLE TO PARTICIPATE AT THE POINT WHERE THE SHARES ARE BEING COLLECTED, WITHOUT HAVING TO GO TO THE ISSUER'S SIDE TO HOLD THE NUMBERS AND DISPLAYS。
Pre-IPO. Through a cooperative SPV structure, top private fundraising companies have been granted currency openings — a number of the most interesting late private fundraising projects are on the list. Such assets, which had been open only to a very small number of people, now speak in terms of invitations。
THE CONTRACT. IT'S BEEN SO LONG. MORE THAN 100 CONTRACT VARIETIES, UP TO 100 TIMES LEVERAGE, AND NOW YOU CAN DEAL DIRECTLY IN STOCK FOREVER -- EQUAL TO EIGHT YEARS AGO'S DERIVATIVE GENE, MARRIED TO TODAY'S RWA ASSET。
THERE'S ONE THING THAT DESERVES TO BE MADE CLEAR: BBX IS NOT A TOKEN, BUT A RWA TRADING PLATFORM. WHAT IT DOES IS NOT SELL ANOTHER COIN FOR YOU TO FIRE, BUT TO MOVE THE REAL ASSETS OF THE REAL WORLD — STOCKS, NEW SHARES, PRIVATE SHARES — INTO THE CHAIN IN A STABLE CURRENCY, SO THAT YOU CAN BUY, SELL, GET IN AND GET OUT。
Why now
IN THE LAST TWO YEARS, "DIDENTIZATION" HAS CHANGED FROM A PPT VOCABULARY TO WHAT REALLY HAPPENED. BUYING THE US STOCK ON THE CHAIN IS NO LONGER A GREY-ZONE EXERCISE, BUT RATHER A DIRECTION IN WHICH REGULATION AND WALL STREET ARE BEGINNING TO TAKE IT SERIOUSLY AT THE SAME TIME; THE STABILIZATION CURRENCY IS ALSO A REAL GATEWAY TO GLOBAL MONEY. WHEN THE TIDE SURGED, THE BBX BURIED TWO PENS EIGHT YEARS AGO — STABLE CURRENCY SETTLEMENT, TRADITIONAL FINANCIAL UPLINKS — ALL THE SAME. IT'S NOT A TRANSITION THAT STOMPED ON THE WIND, MORE LIKE A COMPANY THAT LASTED EIGHT YEARS AND FINALLY WAITED FOR THE WORLD THAT IT BELIEVED IN。
This time, I hope it goes further
Jasper said in 2019 that traditional financial products were to be moved to the chain. In 2026, that sentence was honoured。
Eight years, enough to change a profession and enough to make most rhetoric a joke. In the end, BBX didn't become the Chinese version of BitMEX -- it came to something that was not in the old story. How about the next eight annual sessions, nobody knows. But at least now it can be said: this time, I hope it goes further。
i don't knowBuying global stocks without opening accounts。
Risk tip: This does not constitute any investment proposal. Transactions of digital assets and derivatives are high risk, and be careful to participate after being fully aware of the risks and comply with the applicable laws and regulations of the location。
