Whether the price of a thing is acceptable depends on the supply and demand relationship.
I myself do not drink alcohol, and I usually consume Moutai at banquets or parties with friends.
The recent big drop must be due to insufficient demand.
Why is there insufficient demand? Because business is difficult and not many people are willing to host banquets, discuss projects, or spend money on treating people to meals and drinks.
To put it bluntly, money is hard to make, so I won’t spend the money because the investment has no output.
When the economy is bad, advertising companies will definitely be the first to be hit as there will be no demand for advertising.
People who drink Moutai are mainly between 40 and 60 years old. These people have financial strength and savings. Many of them also have their own businesses and social needs.
When they grow old and pass away, there probably won’t be many people born in the 2000s, 1990s, or perhaps 2010s who drink Moutai.
Moreover, money will not be easy to make in the future, so will those born in the 2000s and 2010s spend money to buy Moutai for banquets?
For those born in the 2010s and 2000s, the things they like and show off to others may no longer be famous watches, bags, calligraphy and paintings.
It may be something on the chain, such as digital collections like NFT. Then the financial attributes of Moutai may no longer exist. If there is something better and simpler, why should I store Moutai?$BTC
Is it true that 20-year-old wine tastes very different from new wine? Don't fool yourself.
All these needs are nothing but spiritual needs thought up by the Master. Once the innovation of spiritual needs is rethought, Moutai will no longer have financial attributes.
In five years, AR shopping may become popular, you and your friends may meet online, and offline gatherings may become rare.$ETH
Ten years later, people may communicate with each other online. Office buildings, shops, and shopping malls may not be in such high demand.
AR can make shopping the same as offline, or even better than offline. Then what competitiveness does offline have?
You want to buy a table, put on the glasses, and put it at home directly from the Internet. If it fits you, you can place an order. If it doesn't fit, you can change to another store.
Would you still choose to buy offline?
You and your friends may not see each other in real life again for 30 years.
So will Moutai’s consumption scenarios still exist in large numbers?
When everything becomes virtual, the value of digital assets will become the currency in circulation in this world.
Therefore, the possibility that Moutai will make you earn 10 times more in the next ten years is almost zero.
Don’t be obsessed with Moutai, history will eliminate it!