#今日市场观点 In the field of crypto assets with a total market value of 11 trillion, Bitcoin and Ethereum are like two towering mountains, leading the way and occupying 800 million of the market value. These two giants are like twin stars in the industry, dominating the world of crypto assets. However, this monopoly is not a blessing for the industry. It is like a shackle that restricts the diversified development of the ecosystem.
Bitcoin, the overlord of asset scale; Ethereum, the king of smart contracts. The entire currency circle is almost lingering under the shadow of these two giants. Once Ethereum collapses, the currency circle will certainly be shaken, but with Bitcoin as a backer, it will not collapse. However, if Bitcoin collapses, it will undoubtedly be a disaster for the entire currency circle.
Web 3.0 crypto assets that seem powerful are actually fragile. The influence of Bitcoin and Ethereum is too strong, forming an absolute monopoly. What this field needs is a hundred flowers blooming, not a single dominant one. All assets based on these two giants are difficult to surpass their own status.
It may not be difficult to establish an asset with the same market value as Bitcoin in terms of technology, but it is extremely difficult to reach consensus. Bitcoin's consensus layer is as solid as a rock. Both new and old players will tell you that buying Bitcoin is the right thing to do. This consensus passed down by word of mouth has made Bitcoin more and more tenacious, and even become a cross-regional financial belief.
Although Ethereum is not as good as Bitcoin, the scalability of its smart contracts allows it to firmly occupy the second place. Strong consensus and technical barriers have allowed these two giants to stand firm in the field of crypto assets.
So, will Bitcoin and Ethereum fall? This depends on the attitudes of more than 200 countries around the world. China, as the world's second largest economy, has banned Bitcoin many times, but Bitcoin still survives tenaciously and even becomes stronger. This is not only because of its consensus layer, but also because of its amazing return on investment and tenacious vitality. Bitcoin represents a new form of finance and is gradually growing into a new economy.
As for Ethereum, its on-chain transaction fees have reached more than 10 billion US dollars per year, and the possibility of collapse in the short term is very small. Crypto assets are a global financial competition supported by blockchain technology.Bitcoin and Ethereum are like two new forms of financial atomic bombs. When put into the traditional financial field, they will inevitably cause huge influence and destructive power.
As for the RMB to become the world's largest mainstream currency and have the same status as the US dollar, it is indeed difficult according to the current development trend. Bitcoin, which is neither tied to gold nor oil, has become a global safe-haven asset with its unique properties. As for when Bitcoin and Ethereum will fall, it may be until they can no longer cut meat from other capitals, and then they will truly usher in the end. But before that, they are still the kings in the field of encrypted assets, and no one can beat them.
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