Without applications, Bitcoin will be worthless, so don't use Bitcoin to despise altcoins. Cryptocurrencies have their own advantages today.
For a long time in the past, Bitcoin's rise has benefited from the sharp rise of altcoins in each round of bull and bear markets. In particular, after the altcoins led by Ethereum launched the DEfi application terminal, traditional finance has seen the potential of blockchain, including the continuous expansion of the stablecoin market. Bitcoin has been breaking through the previous highs round after round, but this sentiment is obviously declining in each round of market conditions. The market value of Bitcoin determines its market prospects. On the other hand, some tracks such as Defi and RWA are still writing new legends for cryptocurrencies. Although Defi is subject to regulation due to identity authentication, it is undeniable that the liquidity it brings to cryptocurrencies is a huge source of growth momentum. The growth of the Rwa stablecoin anchored by the US dollar has brought Wall Street's views on cryptocurrencies. In the past decade, USDT has become the third largest holder of US debt. Once a large-scale application using stablecoins as a payment tool appears, the market size will also expand tenfold, and the corresponding volume of cryptocurrencies absorbing US debt will gradually expand tenfold. Cryptocurrency has a huge middle-class user base, which can be investigated. It is also a huge emerging market unique to the world. It is time to change the impact of Bitcoin on cryptocurrency, especially after Ethereum passed, Bitcoin can no longer be used as the first measure. Compared with Ethereum, Bitcoin is more like a simple storage tool, and it does not have its own huge ecosystem. Unlike its concept, Bitcoin has taken the opposite path. Now Bitcoin is like a highly centralized storage tool, not a peer-to-peer payment currency, and it cannot be made. There are 10 million people using Bitcoin to buy breakfast on the chain, 9.99 million cannot eat, and 9.999 million people cannot afford the handling fee. This is the embarrassment of Bitcoin. From the beginning of the design, Bitcoin has intentionally or unintentionally become a storage tool similar to gold but better than gold, of course, it also lacks the applicability of gold. $BTC $ETH #非农就业数据即将公布 #Mt.Gox将启动偿还计划 #BTC走势分析
