Bitcoin has tied up the global black and gray industry, and has become one of the assets that must be allocated for safe-haven funds. It is also the lowest-cost safe-haven asset for ordinary people to access.
For at least 20 years, African warlords who have never read a book all know that there is no dollar, no gold, yes BTC.
Sooner or later, its transaction volume will exceed the total foreign trade volume of a single country, and its market value will sooner or later exceed the total GDP of a single country. It may even surpass us and the United States sooner.
Don’t use the financial common sense of primary school students to explain it. We are still discussing whether it is a bubble or not, and whether it is worth it or not. It can’t be said to be a cognitive problem anymore. It was indeed a cognitive problem 22 years ago, but there was a problem with pure intelligence in 24 years. This is not a curse, it is a fact that most non-organic intellectual problems are the result of stopping learning.
There are currently only two possibilities to kill Bitcoin.
1. It is a return to the era of no electricity and no Internet.
2. It is the collapse of the US dollar, because with the opening of ETFs, the US dollar will be deeply tied to BTC.
If Bitcoin does not return to 0 when the US dollar collapses, then only returning to an era without network and electricity can destroy Bitcoin.
What happened after we last deported Bitcoin, Bitcoin plummeted and then pulled to $69,000 a few months later. It has been explained that at least we cannot defeat Bitcoin, we can only coexist, whether you like it or not.
To put it more deeply, as the global legal system develops towards modernity and human rights at an ever-increasing speed, this is an asset that no violent organization can take away as long as you are strong enough and smart enough. It is the first time that an asset has surpassed violence. Innovation is the invention of the first power under the law of blood. It is the greatest invention in history, bar none.
When Americans destroyed the credit of Swiss banks in 23 years, it was destined that Americans would not give up Bitcoin. Many people did not understand that for top wealthy people, adding one more safe-haven asset to their safe-haven funds might cost 10 billion U.S. dollars. It doesn't matter Btc, gold or US bonds. When an ordinary person starts to think about asset hedging, Btc will inevitably become one of the options. After all, it can be circulated in more countries than the US dollar and Rmb.
