The volatility of Bitcoin mainly stems from its exchange relationship with traditional currencies such as the US dollar, which obscures its essence as a decentralized value storage. Bitcoin does not rely on the monetary policy or credit system of any single country. Its price fluctuations actually reflect changes in market supply and demand and global investor sentiment, rather than fluctuations in its intrinsic value.

The core value of Bitcoin lies in its ability to exchange value across borders as a borderless, decentralized, and limited digital asset without the need for traditional financial institutions. It provides a new form of currency, challenging the need for supply regulation and credit endorsement in traditional monetary theory.

In the world of Bitcoin, the supply is strictly limited by algorithms, avoiding inflation or deflation caused by human intervention, making it a currency with a theoretical supply that is "always appropriate". This feature makes Bitcoin an important attempt to explore the future form of currency, especially in today's increasingly globalized and digital economy.

Therefore, it is a one-sided view to regard the short-term price fluctuations of Bitcoin as an argument that it cannot be used as a currency. Bitcoin is leading us to re-examine the nature and function of currency and explore the possibility of achieving a more fair, efficient, and transparent global economic order. The history of human currency may open a new chapter with the emergence of cryptocurrencies such as Bitcoin. #美国CPI数据连续第4个月回落 #美联储何时降息？ #MtGox钱包动态 #新币挖矿TON #币安Web3钱包 $BTC $ETH $BNB