Hello everyone, I am Zifei, an old leek who has been in the circle for 8 years. Today I will talk to you about the next development of blockchain and the next trend of BTC. First, the blockchain market in this bull market has not changed much because of the innovation of BTC inscriptions. On the contrary, the development of inscriptions has dragged down the innovation of BTC ecology. The money has been earned by miners, and inscriptions have become permanent collections of NFTs. Ordinary users have already shaken their heads when they see the gas fee of the BTC chain, so ordinary users basically do not participate in the construction of the BTC ecology. The bull market also lacks an ordinary user base. The inscription leader ordi also fell from more than 90 to more than 20 at this time, and BTC also jumped directly from 7.3 to 4.9 at this stage. Second, there is indeed only one innovation in the blockchain market this year, that is, pump crowdfunding, but everyone has seen the development. The official pump sold gas for 100 million US dollars. Sol of gold did not continue to develop blockchain or believe in BTC
Third, after talking about the market innovation of the previous two blockchains, the third one is about Trump and Musk. Musk planned a dogecoin to combat smuggling projects. Trump also planned to issue a new US stablecoin to release the inflation brought by the US dollar and reduce the capital flight caused by the interest rate cut, which led to unemployment in the United States. However, whether these blockchain plans can be implemented depends on whether Trump can be elected as the US president, so Musk bet all his wealth on a gamble
In the United States, this is a contest between emerging capital represented by Musk and old Jewish capital
Fourth, the world is not peaceful everywhere. Russia and NATO have been fighting for several years, Israel and the Middle East have been fighting, and North Korea and South Korea are confronting each other. Think about it, will the top military-industrial enterprises in the United States allow such a fortune to stop?
So I personally think that no matter what the result of the election is, the development of blockchain still needs strong innovation to support it, to continuously drive the blockchain market to keep fresh blood input, and whether the big cake can replace gold as a global financial currency is a long way to go.