But today at 20 18, it will be difficult. There was a time when "Bitkin, Wright Bank", dogecoin culture, Ruibo coins cooperated deeply with many banks around the world, black coins could be anonymous to the end, and the crowdfunding of Ethereum was successful.
But more often, there will always be serious bitcoin loyalty, which reminds you bitterly that only bitcoin will be favored by Wall Street, investment banks, venture funds, large companies and multinational governments and invested with real money. Other currencies are shanzhai and have no future, so be careful.
However, I often see Gann of China dogecoin Association and a bunch of his dog fans, always amazed at an activity and blinded their eyes once. On 20 15, they also held a "China First digital currency Applied Creative Competition" in a serious way?
Anyway, whether you are anxious or confused, you are an investor today, and you can't forget that you put your money in for profit. So, should we hang ourselves on the big tree of Bitcoin? What if it can't catch up with the stock? ) Or actively participate in some reliable competitive coins? (What if it is not recognized as zero? ) It's really hard. Who knows the bitterness of our digital currency powder?
On the level of investment and speculation, the sin of monopoly lies in its uniqueness or totalitarianism, which will make the world unstable by manipulating resources, making rules, restricting competition, gaining price hegemony and squeezing higher profits. We can't find a monopoly on this cryptocurrency that challenges the extreme thinking of human beings, but we will definitely think of the dark manipulation of gold, oil and other quasi-currencies and bulk energy commodities by Americans.
Gold rose from $300 in 2002 to 1 1922 in 2002, a sixfold increase, and then fell to 1200 at the peak of the bull market. This precious metal, which used to be stable or slowly rising in price in monetary function, has become a tool for Wall Street investment banks to cut the leeks of global investors through derivative leveraged transactions?
The same is true for oil, which rose from 10 USD per barrel in 198 to 147 USD in 2008, and then fell to $33 USD in 2009 in the following months. This largest energy commodity with fixed reserves and stable mining cost has actually become the meat sauce on the chessboard of speculative funds. Everything is caused by monopoly or uniqueness. In this price war planned by hegemonic countries and chaebol, the wealth of the whole world keeps flowing into Wall Street.
Assuming that human beings will eventually accept Bitcoin as a kind of digital currency, don't look at the fact that the US government, which is now calm and has lost its dollar monopoly, will not agree at first. It will definitely pursue monopoly in all technical aspects, such as improving bitcoin protocol, upgrading maintenance software, updating wallet management and formulating trading rules. As long as other countries are not satisfied, it can use all political, military, hacker armed forces and public opinion to coerce the whole world to obey, and finally turn Bitcoin into a financial power tool for Americans.
Wall Street will not stop. With the connivance of the U.S. government and the Federal Reserve, and with the support of foreign creditor countries' trust in the U.S. dollar, they bought and hoarded bitcoin in large quantities, and once again turned bitcoin into a speculative manipulation tool similar to gold and oil, so that Americans would continue to cut the leeks of people all over the world, and people's pursuit of decentralization would be dashed.
Only when the issuance of digital currency does not have uniqueness, infinity and exclusiveness, people will calmly abandon one or more currencies to prevent monopoly and manipulation, and choose another new currency that is fairer and more creditable to replace it, thus putting an end to the possible manipulation, hegemony, privilege, centralization, exploitation and corruption of one or more fixed currencies due to uniqueness and monopoly.
Therefore, starting from digital currency, we must establish a mechanism that will not be self-destructed by centralization and monopoly, so as to ensure the steady development of digital currency. Then, it is the general trend that Bitcoin will coexist with other competitive currencies. It is narrow-minded to think that bitcoin will be king for a long time because of preconceptions. As an ordinary investor, under the background of paying attention to the long-term steady and slow rise of bitcoin prices, paying due attention to competitive coins with pure agreements, recognized by the world and small market value, such as CXC, may really enjoy short-term profiteering opportunities.