Bitcoin Breaks 100,000, Is the Game Over for Ordinary People? The National Battlefield Opens!
If Bitcoin rises to 100,000 USD, it won't be a game that ordinary folks can play with casually. To put it bluntly, it might become a game between nations. If it really reaches that number, there are three questions we need to ponder.
Does Bitcoin's market value really need to exceed gold? We all know the history of gold; it has always been hard currency from ancient times to the present. But Bitcoin has only been around for twenty years and is already challenging gold, which is indeed quite surprising.
What does America really want to do with Bitcoin? According to Trump's business nature, Bitcoin might help him solve America's debt problem. But to do that, the market value of Bitcoin is still not enough; it needs to continue to rise. However, this raises the question: how should America actually take action? Or how can it squeeze other countries out? Will other countries foolishly take on Bitcoin worth tens of thousands or hundreds of thousands? I think it's unlikely, because blockchain can be copied, and there’s not much technical content. If America gets involved with Bitcoin, other countries can also create Middle Eastern coins, oil coins, SCO coins, etc. What if they don't recognize it? Then Bitcoin would have to rely on other means to empower itself, for example, in the future... (purely speculative) holding one Bitcoin could get you a green card or something.
Can Bitcoin promote the progress of human civilization? We always say that the cryptocurrency market is just about price speculation, not creating value. The current mainstream in the crypto circle is also about memes, which likewise does not create value. So can the blockchain led by Bitcoin promote the progress of human civilization? Can its trust mechanism create some real practical value?
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