The recent price fluctuations of cryptocurrencies such as Bitcoin reflect, to a certain extent, the instability in the development of new things. But from a broader historical and economic perspective, this is a normal phenomenon and should not be over-interpreted.

As a new field, the digital economy is still in the exploratory stage with various new technologies and models. As one of the attempts, the mechanism design and application prospects of cryptocurrencies such as Bitcoin require long-term observation and investigation. Short-term price fluctuations do not determine its final direction.

What is important is that we must adhere to a problem-oriented approach and a scientific attitude to view this new situation. On the one hand, it supports financial innovation and encourages trial and error. At the same time, supervision must also be improved to prevent risks. It is necessary to conduct in-depth research and analysis, and timely adjust and improve relevant policies based on domestic and foreign experience and lessons.

We must boldly explore, stabilize the tone, and accurately grasp the characteristics of the transition period between old and new driving forces. Overcoming difficulties, solving numerous problems, promoting the two-way development of system improvement and innovation, always based on the actual situation, and serving scientific development, this is our long-term commitment.

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