View·Forum | High-Level Dialogue: Stablecoins Let "Algorithms" Take Over Credit, Gold Lets "Time" Witness Value

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"We are standing at the critical point of the greatest technological explosion in human history";

"By 2030, Bitcoin will reach $1.5 million";

"All you need to know is to embrace the technologies that will completely change the world!"

This is the response from female stock goddess Cathy Wood during her explosive interview on "Revealing the Investment Directions for Rapid Wealth in 2025," when the host asked, "How can ordinary people start investing with $500?" —

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And blockchain technology is one of the five "technologies that will fundamentally change the world" she referred to.

On October 26th, the Quilchena Golf and Country Club, celebrating its 100th anniversary this year, was filled with distinguished guests as the event "Anchoring the Future: An In-Depth Dialogue on Stablecoins and Gold," hosted by The Forum, kicked off.

Fiona, the founder of Hibit, the digital currency goddess of Greater Vancouver, had a high-level dialogue with Kevin, who currently serves as CFO of multiple companies.

Fiona: Stablecoins Bring a “Stable” Future

Fiona first asked, why is it so difficult to make money nowadays?

Thirty to forty years ago, as long as you were in real estate, you could make money. It wasn't because real estate was so magical, but because it was an era when "money" was flowing.

Nowadays, all industries are complaining about difficulties because liquidity has dried up. The new wave of "water" is surging again in the field of crypto assets, and **stablecoins** are at the core of this trend.

Global Regulatory Trends: Stablecoins are being "legalized," and the "gray areas" of the crypto world are being formalized—stablecoins are no longer fringe experiments but new pillars of the monetary system.

In other words, stablecoins are the bridge between traditional finance and the crypto world.

Kevin: Gold—The Faith of the Old World, Still Shining

As the saying goes: antiques in prosperous times, gold in chaotic times.

Kevin said: Gold ranks 79th in the periodic table of elements, with stable texture, oxidation resistance, and cannot be artificially synthesized. Because of this, gold has become humanity's oldest "decentralized asset"—not relying on any institution, with no counterparty risk.

Currently, the U.S. debt has surpassed $38 trillion, while social welfare and pension expenditures continue to expand. In the long term, the U.S. may have entered a downward cycle of "debt growth and currency depreciation."

Since the Ukraine war, the "political risk" of dollar assets has been exposed. Countries like Russia, Iran, and China have begun accelerating their gold holdings for "de-dollarization." This is because—gold cannot be sanctioned, frozen, or confiscated; it represents a sense of security at the sovereign level.

The rise and fall of gold prices actually reflect changes in the purchasing power of the US dollar. When US debt climbs and inflation intensifies, gold becomes a global safe haven.

Guests Debate——

Gold and Bitcoin: one represents physical trust, the other represents algorithmic trust.

More than 30 guests joined the discussion session one after another, sharing their insights amidst the interplay of fine wine and gourmet food — gold is the "faith" in the real world, while Bitcoin is the "trust" in the digital world.

Everyone recognizes the commonalities between the two:

● Anti-inflation;

● Decentralization;

● Global liquidity;

● Resist systemic risks.

It also reveals the differences between the two — gold does not require electricity or the internet, whereas Bitcoin relies on digital infrastructure. Gold and stablecoins represent physical trust and algorithmic trust, respectively.

The future of currency is both splitting and merging. Stablecoins let "algorithms" take over credit, while gold lets "time" witness value.

The event concluded successfully amid the guests' laughter and lingering enjoyment.

Sincere thanks to every guest for your enthusiastic participation and support. We look forward to meeting you all again at the next event.

▲Organizer: The Forum

The Forum · The Forum derives its name from the "ancient Roman place for the exchange of ideas." It aims to hold regular offline salons and themed forums to discuss social changes, technological waves, business logic, and humanistic spirit, allowing people from different positions and backgrounds to meet in rationality and openness.

Here,

Every viewpoint is respected;

Every conversation has the potential to change perception.

▲Co-organizer Hibit Fiona Wang:

Founder of HiBit, advocate of decentralized distributed finance, with 20 years of experience in traditional finance and long-term crypto finance practice, focusing on the innovative integration of "compliance + community trust + digital finance." Currently comprehensively advancing the company's legal regulation and strategic financing processes to achieve a new expression of finance.

▲Co-organizer Kevin Chen:

Entered the Canadian mining industry in 2002, currently serving as CFO for multiple companies, acting as a financial advisor for various projects, and participating as an investor in mining companies and projects.