Vechain & HOPE in Hong Kong: Forging the Future of Web3 & DeFi

Recorded: April 25, 2023 Duration: 1:18:40

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I'll be upstairs.
Good evening. Sorry to that in front of the open of that. How are we all doing? Welcome to the state's sunny. Good. How's your journey? I hear you're in the in America at the moment. Yeah, actually I'm in the Los Angeles for a few days before I go into asking tonight. I probably were arriving asking
midnight. Oh well. Yeah, it's as a usual schedule, you know, try to maximize the efficient efficiency of the trip. Every trip. You need sleep, right? Yeah. All right, I'll just turn our guest in and then we can
to kick off the... So you're going to be attending the rooftop party at consensus perchance? Probably, yeah.
Well, good reason for people to get their thinking caps on with questions later in the session. Yeah. Right, just trying to get Mr Flexin. It's quite a
challenging for Flak, it's 4 a.m. for him. Yeah, dedicated, right? He kind of missed the trip to Austin as well. You know, he's supposed to be Austin last yesterday. Oh, damn, really? But something came up, you know, that's kind of typical in crypto. He's always dynamic. You always
always update your schedule all the time. Anyway, he kind of stuck things thing up for a couple more days and it's 4 a.m. for him. Oh yeah, well actually he's here. There we go. Hello, Flex. You're out of the States. Good day, everyone. I'm not sure whether you are in the
at a night tour in the morning or for me I mean in one hour three I mean three three and yeah so good morning green good morning yeah everything good afternoon good night yeah I think we've got sunny over in America I'm in Europe so just turned 8 p.m. for me and yourself obviously
to join us today to discuss the topic of Hong Kong and V Chain and Flex's roles in building out this infrastructure and this emerging environment. So perhaps just for the crowd that are less familiar with the Hope ecosystem, perhaps Flex, you could just give us a brief introduction.
like you know about yourself and your project and then we can kick off the questions. Okay, thank you very much for for for the invitation and really appreciate the time to share all the ideas I have to actually to the community of Richard. Actually, hope is like it's still
stablecoin plus ecosystem thing. So, currently we are trying to build up a stablecoin which is very native. It's not going to be reliable and if yet, it will be referred to US dollar first but it's not going to be backed by any US dollar.
or any like a fear of currencies. So what's going to be this kind of distributed standpoint based on our ideology that's, or my vision that to divide money from states, you know, like it previously, back to like a hundred, sorry,
something, something something, like I mentioned, like Europe, like if people did a revolution actually to take the, at the Ministry of Rights from religion, right? So the more than state has been established back then.
And then nowadays we think that because of the nature of the crypto, but we know that two things, one or two most important things, one is immutability. The second is actually how to set omniscience. So we don't necessarily
need any government to actually come into, you can't finish the transaction because it's actually coded. So we don't need to get a certificate from government to ensure you have the ownership of something because you have a private key, you have the

FAQ on Vechain & HOPE in Hong Kong: Forging the Future of Web3 & DeFi | Twitter Space Recording

What is the purpose of the podcast recording?
To discuss the topic of Hong Kong and V Chain and Flex's role in building out this infrastructure and emerging environment.
Where is the podcast host located?
The podcast host is located in Europe.
Where is the guest located?
The guest is located in Hong Kong.
What is HOPE?
HOPE is a stablecoin plus ecosystem project that is currently being developed.
What is the ideology behind HOPE?
The ideology behind HOPE is to divide money from states and establish a decentralized financial system.
What are the two most important things in the world of cryptocurrency according to Flex?
Immutability and how to set omniscience.
Why is government intervention not necessary in cryptocurrency transactions?
Because transactions are coded and do not require government certification for ownership.
What is the current status of the stablecoin being developed by HOPE?
It is not yet released and will not be backed by any fiat currencies.
What event did the podcast host reference as a reason for attendees to come up with good questions?
The rooftop party at Consensus.
Why did Flex miss the trip to Austin?
Something came up, which is typical in the world of cryptocurrency.