Analyzing future trends:
Market value competition between Ethereum and BTC: the power behind national borders
"Science has no borders, but scientists have their roots." Similarly, although cryptocurrencies have no borders, the nationality of their founders and major holders cannot be ignored. Ethereum was founded by Russians, while there are many different opinions about the origin of Bitcoin. However, what is really important is the current market structure: the founders of BN and the giants behind the top cryptocurrencies are mostly Asian, while European and American institutions such as Grayscale and BlackRock hold a lot of funds. Looking back at the birth of Bitcoin in 2008, its original intention is very different from its current use. From the initial hedging of funds and illegal transactions to the convenience of capital circulation today, Bitcoin has attracted "internal demanders" and financial gamblers from various countries.
Future growth myth: the game behind funds
When it comes to the gimmick of a hundredfold growth in the future cryptocurrency market, we need to examine the capital logic behind it. The market is like a large pool, and its expansion requires continuous injection of external funds. In this capital feast, the top financial giants such as the United States may become the controllers, while small countries seeking overseas investment and capital borers may become the "leeks" to be cut. Behind the flow of funds is a contest between control and anti-control.
DeFi and NFT: Bubble or future?
DeFi (decentralized finance) and NFT (non-homogeneous tokens) are returning to the market with a stronger attitude. The essence of DeFi is to push up the price of coins through continuous turnover, thereby expanding the market size. This process is often accompanied by violent fluctuations of sharp pulls and drops, aiming to create panic, attract retail investors and ultimately find high-level buyers. NFT is more like a digital bubble, whose price is determined by the founder or the creation team, and lacks real income support. Compared with stocks with real asset income, NFT is more like a capital game of empty-handed white wolf.
In the sea of cryptocurrency full of unknowns and opportunities, we need to keep a clear mind and carefully analyze market trends and risks.