At the beginning of the year, the founder of this social media giant explained his understanding of Bitcoin to the leader of the Nordic sovereign wealth fund managing $1.8 trillion in assets. As the founder of Twitter and Block, he presented two thought-provoking points.

First, the future of Bitcoin should not be limited to asset storage. In the fields of cross-border trade and international payments, it has the potential to play a greater role — a key step toward advancing a "Bitcoin standard" system. Imagine a scenario where international settlements can bypass traditional intermediaries, significantly reducing transaction costs. What would this mean for the global business landscape?

The second point is equally interesting: if Bitcoin had emerged earlier than other emerging technologies, the course of history might have been rewritten. This is not science fiction but a question: what truly determines the success or failure of an innovation? Is it the technology itself, or the timing of its emergence? This perspective touches on many questions practitioners are contemplating — in the Web3 wave, how valuable is the first-mover advantage really?