Let me elaborate on the specific reasons for my previous criticism of the so-called "speculating on the new but not on the old".

The maturity and development of any industry is all about removing the false and retaining the true. The blockchain industry is maturing, which is what we expect to hold cryptocurrency. A mature industry must rely on its own value, not on Relying on a single hot spot, I believe that in the next bull market, some good, valuable, and sustainable projects from the previous bull market, as well as some emerging projects that have technical value and can solve actual needs, will be the investment main direction.

Many people think that BTC has little technical value. In fact, projects with actual value started from Ether. However, BTC solves a fundamental problem, which is what Satoshi Nakamoto calls a "peer-to-peer electronic cash system". It combines BTC with The attributes of cash are bundled together. No matter when in the future, it is impossible for everyone to truly think about technical value like blockchain technology developers, so what more people need is BTC, so BTC’s market share It will be more than half and cannot be shaken, but until now it is impossible to recreate a purely cash-only value, including the so-called BRC20, because just like the development of the times, people have left After that era of having enough to eat, what is needed now is to live well. Sooner or later, mature industries will zero out things that have no value.