Jsky

📌1. Core Concept: Crypto as the Ultimate Opportunity Shift from Player to "House" (莊家): In traditional finance or gambling, participants are restricted to being mere players. Crypto is unique because it allows anyone to launch tokens, provide liquidity, and effectively become the "house/dealer" rather than just a player bound by someone else's rules. Next-Generation Employment: While current employment for many young people revolves around gig work like driving Uber or food delivery, Vito believes the true economic employment and wealth opportunity for the next generation lies in DeFi and Crypto. The 80/20 Rule of the Global Economy: Only about 20% of global economic activity is visible above water, while 80% operates underwater in gray or shadow economic channels. Bitcoin originally grew out of these gray capital flows, driving its initial real-world adoption. 💡 2. Financial Philosophy & Key Takeaways Market Rules vs. Individual Skill: If you lose money under transparent market rules, it is not a "scam"—it is a difference in skill and information asymmetry. To gain information advantages, high-level offline networking with industry insiders is essential. The Flaw of Elite Startups: Startups with Ivy League diplomas and massive VC backing often fail because they lack real-world execution skills. Real growth comes from understanding user psychology, liquidity mechanisms, and field-level operations. Permissionless Liquidity: Vito argues that true decentralisation means allowing anyone to launch derivative trading pairs with zero upfront cost, redirecting listing and channel fees back to the community rather than paying exchange cartels or market makers. 🧗‍♂️ 3. Notable Life Stories & Anecdotes Going to Australia at 16 & Facing 10 Million RMB Debt:Moved to Australia at age 16 and studied accounting and information systems. After graduation, he acted as the primary applicant for an Australian financial license on behalf of a Chinese tycoon. When the tycoon's business collapsed, Vito was left holding over 10 million RMB (~$1.4M+) in debt, which he had to work off through various financial deals. Caught in the Myanmar War Zone (2018):While inspecting mining opportunities in Shan State alongside an American-Burmese partner, he ended up in an ethnic armed faction camp during a sudden midnight mortar attack. He was handed a Type 56 rifle, helped load 60mm mortar shells, and eventually escaped into Thailand on foot through dense jungle while surviving on compressed biscuits manufactured in 1983. Running a Vietnam Exchange & Missing Axie Infinity / C98:Ran one of the largest fiat-to-crypto exchanges in Vietnam between 2018 and 2020. During this period, he worked closely with the early teams behind Axie Infinity and **Coin98 (C98)**. Because they appeared to be inexperienced grassroots teams at the time, he missed investing heavily in their seed rounds. He later shut down the exchange due to COVID border lockdowns and an internal partner embezzling funds.