South Korea will follow the example of Singapore, Norway, and the UAE by setting up a national sovereign wealth fund to fill the gap of insufficient corporate and private capital, which is beneficial for gaining advantages in capital-intensive fields like AI. In fact, chaebols are quite common in South Korea. Once, when I visited a client at Samsung, the entourage and team of Lee Jae-Yong were comparable to that of a head of state. This indicates that from the West to the East, and to the Middle East, there is an understanding of the logic of concentrating efforts on major tasks #加密市场反弹 #美联储降息 $BTC $ETH $BNB