Account Info
Log Out
English
Back
Log in to access Online Inquiry
Back to the Top

Bitcoin has been played out.

$Bitcoin (BTC.CC)$ It is well known that the value of bitcoin lies in its consensus, which is formed by its scarcity, decentralization, and anonymity. However, even though a bitcoin worth 0.1 million is only a total market cap of 2 trillion dollars, a 2 trillion dollar market cap does not even rank among the top 10 global assets. This market cap makes it easy for a large amount of ETFs to hold spot positions, with many listed companies buying into the spot market. Eventually, the majority of bitcoin spot positions will be held by institutions, listed companies, and individual tycoons. The bitcoin held by these individuals will be strictly regulated by the regulatory authorities and governments around the world, causing bitcoin to no longer be decentralized and anonymous, and its consensus will cease to exist. It is hoped that you can understand.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only. Read more
3
1
+0
See Original
Report
38K Views
Comment
Sign in to post a comment