After yesterday's sharp rise, the market has experienced a small pullback today, which is also expected.
These days, I have been reviewing the market trends and crypto market events of the past few years.
From a technological creation to the formation of a 3 trillion US dollar financial market, it feels a bit like God created everything.
At first it was just a seed, then it sprouted, blossomed and bore fruit. Life itself is a miracle. All human behavior is the most common energy movement among miracles.
What exactly is encryption?
It is an accident of a technological experiment, a spirit, and a new way of forming assets through consensus.
Although humans have created a wide variety of assets, if we trace back, the earliest assets were all natural, such as land, air, water, and food.
These assets are not created by humans, but are needed by humans.
Gold is natural, and so is land.
Bitcoin is man-made, and so is currency.
Whether land is subject to grabbing depends mainly on whether it is suitable for human habitation.
Whether Bitcoin is valuable depends mainly on whether it is recognized by enough people.
So, is this also true for the myriad other cryptocurrencies?
Some people say that currency is backed by the government, but Bitcoin is not. So, is the backing of gold given by the government?
Recently, everyone is saying that MEME will be the protagonist of this round. I think it is because in the current crypto market, more valuable coins cannot actually solve application needs well. MEME is only a fantasy.
Of course, the market has only experienced a half-year long period of sedimentation.
If the boat has passed through thousands of mountains, you will know the smell is that of beef by the aroma.
(This is just a sharing of opinions, not investment advice)
