Jianping Kong of Canaan Creative: It is only a matter of time before Bitcoin breaks through $100,000. Halving is a trigger but does not mean it will definitely rise.

At the 2nd World Blockchain Conference in Wuzhen held today, Kong Jianping, co-chairman of Canaan Creative, attended the conference and delivered a speech. Kong Jianping said that regarding Huawei's Ren Zhengfei's recent statement that "quantum computing will make blockchain worthless", he believes that this is a comparison between future quantum computing and current Bitcoin.

The current quantum computing will not pose a threat to the current Bitcoin. It is only a matter of time before Bitcoin breaks through $100,000. The halving is a triggering event, but it does not mean that Bitcoin will rise. Kong Jianping said that the future will be an era of hybrid computing with cloud computing, super nodes, and edge computing. Blockchain hybrid computing (POP) will surpass current real estate and digital real estate to become the most important asset class in human history. Among the world's large enterprises, there will be a group of blockchain companies with a market value of more than 10 trillion US dollars, and computing power operators will be one of them.