What is the significance of Bitcoin and cryptocurrency? Why are so many people joining the cryptocurrency industry?
When the value of Argentina's national currency shrinks by more than 50% each year, companies like Binance and Tether provide stablecoins for Argentinians, protecting their assets from significant depreciation. This is the significance of Bitcoin.
When people want to transfer money to family and friends across borders, but traditional economic and political systems set up multiple barriers, requiring not only high transaction fees but also long waiting times, this is the significance of Bitcoin; when entrepreneurs of startups find it difficult to collaborate directly with employees from several or even a dozen different currencies and systems at low costs under the existing system, this is the significance of Bitcoin, cryptocurrency, and blockchain.
Bitcoin creates value and is continuously exploring the possibility of creating new value, from building new financial systems to constructing new internet systems; this path has only completed a small part, and new builders still have a long way to go.
And countries cannot stop Bitcoin because Bitcoin is just a technology, a tool. As Russian President Putin said on December 4: "Who can ban Bitcoin? No one can. Who can ban the use of other electronic payment methods? No one can either. Because these are all new technologies."
#Marvin will ride the winds of cryptocurrency to soar high, as it is the closest dog to Musk, while other dog coins related to Musk have a market value of at least 1 billion; moreover, Mars Dog currently has a market value of only 10 million, with a growth potential of at least a hundred times, and will officially enter everyone's sight in this bull market!