As expected, Microsoft did not pass the Bitcoin proposal.
Perhaps capital operations can empower them, but for a corporate giant like Microsoft to engage in speculation and cryptocurrency trading is something I cannot psychologically accept.
Currently, making wealth in this circle is still speculative; very few traders are willing to admit they are cryptocurrency traders after profiting.
I hope one day blockchain can generate actual application value; perhaps after clear regulations, this circle can get on the right track to create a bit of value for society.
Although I wrote about this a long time ago, Wall Street will use capital operations to empower Bitcoin through tech giants like Microsoft, but the core reason is to protect the closed-loop ecosystem of the dollar.
Speculation is just speculation; there's nothing wrong with admitting it. Yesterday I saw many private messages about margin calls; although warnings have been given before, it still troubles me. Given the current leverage volume, at a time when Bitcoin surpassing 100,000 should be a cause for celebration, the circle has become increasingly strange and warrants reflection.
That 570,000, which just went through a torturous time, was wiped out in one fell swoop, making one feel that everything in this circle is sinful. Many people DM'd me yesterday, and I couldn't reply to any of you. I also don't deserve to; although warnings were given, it feels worse than my own liquidation.
