Let's talk about the future of cryptocurrency today!

1. Bitcoin will not become the main currency for on-chain payments, but it will become a tool for storing value, and it will be more inclined to the role of gold.

2. Eth will still be the king of smart contract chains in the short term, but the future (a few years or ten years later) is still unknown. Eth still faces the problems of high tps and high on-chain costs. It is difficult to turn around a big ship. Some drawbacks of layer1 cannot be solved in the short term. Many transaction shares will be divided by layer2 and other layer1. So far, layer1 is still not a chain that ordinary players can afford. The cost of layer2 has been greatly reduced after the upgrade, but many layer2s are very scattered, and there is even a trend of layer3 development. Although they all rely on layer1 verification, it is always felt that the complex layer2/3 is difficult to say that they are allies moving forward in tandem. It is more like some independent competing branches.

3. At least one high-performance public chain will break through the siege. Blockchain needs a truly high-performance public chain that is safe, efficient, and has low interaction costs. It can solve various interaction needs through one chain. The demand has always existed, and such a chain will definitely have a chance to come out.

4. Currently, blockchain is still in the stage where traffic is king, and it may be difficult to get rid of it in the future, because most of the people who really enter this market have a strong speculative mentality, but practical products will become the mainstay. The passage of ETF° will allow traditional financial funds to enter the currency circle°, which is a milestone progress and will also change the rules of the game in the currency circle.

5. Products and games that combine AI are opportunities to break the circle. Although chain games have been very bleak so far, there will definitely be works that break the circle.

6. It is meaningless to talk about absolute decentralization in the future currency circle. Due to human nature, wealth will always flow to a minority of groups. It is difficult for real decentralization to exist, and the window of opportunity for getting rich will become narrower. In the past, you may rely on luck, but in the future, fewer people will rely on luck. In the future, luck and strength are indispensable in this market.

7. POS and POW are not the key to determining decentralization. Things are man-made. What is important is what kind of people are in the team and community.

8. VCs don’t seem to understand this market, which shows that there are still many opportunities for ordinary people in the next few years.