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These merchants, scholars, experts, and politicians were severely slapped in the face or changed their attitudes due to inadequate understanding of Bitcoin
#BRC20 #qpdb认证 $BTC
The following are typical cases of merchants, scholars, experts, and politicians being slapped in the face or changing their attitudes due to inadequate understanding of Bitcoin, compiled from public information:
1. Merchant Representative: JPMorgan CEO Jamie Dimon
Early Position: In 2017, Dimon called Bitcoin a 'fraud' and asserted that it was 'worse than the tulip bubble,' even threatening to fire employees who participated in Bitcoin trading. Change of Attitude: After 2024, Dimon publicly expressed regret for his past statements, acknowledged the value of blockchain technology, and urged JPMorgan to explore blockchain applications, such as developing a crypto dollar (JPM Coin). Reality Check: Bitcoin's price continued to rise following Dimon's criticism, breaking $100,000 in 2024, while JPMorgan itself optimized its cross-border payment business through blockchain technology, starkly contrasting its early statements.
The following are typical cases of merchants, scholars, experts, and politicians being slapped in the face or changing their attitudes due to inadequate understanding of Bitcoin, compiled from public information:
1. Merchant Representative: JPMorgan CEO Jamie Dimon
Early Position: In 2017, Dimon called Bitcoin a 'fraud' and asserted that it was 'worse than the tulip bubble,' even threatening to fire employees who participated in Bitcoin trading. Change of Attitude: After 2024, Dimon publicly expressed regret for his past statements, acknowledged the value of blockchain technology, and urged JPMorgan to explore blockchain applications, such as developing a crypto dollar (JPM Coin). Reality Check: Bitcoin's price continued to rise following Dimon's criticism, breaking $100,000 in 2024, while JPMorgan itself optimized its cross-border payment business through blockchain technology, starkly contrasting its early statements.
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Dabing Ecology officially enters 2.0 ⚡️🐦⬛🩵
1️⃣ Why does the BTC ecology need to upgrade from 1.0 to 2.0?
The core reason for the BTC ecology's transition from 1.0 to 2.0 is to address two major pain points:
Outflow of minting fees
Taking $sats as an example, with an initial market value of 21 million, all fees during the minting process flow to miners, preventing funds from being retained within the ecology, which limits long-term development.
Network congestion and high costs
The transaction speed of the BTC Layer 1 network is slow, and Gas fees are high, limiting user interaction experience and capital liquidity, further hindering ecological expansion.
2️⃣ How does OdinFun break through these limitations?
Automatic liquidity pool creation mechanism
Once the token minting is 100% complete, the system automatically creates a liquidity pool, with funds directly retained within the ecology, enhancing liquidity depth and preventing capital outflow.
0 Gas experience, lightning-fast transactions ⚡️
No need to pay Gas fees, transaction speed significantly increased, avoiding complex EVM operations and sandwich attacks, providing users with an extremely smooth experience. Currently, the annualized return of the liquidity pool reaches 1000%-2000%, and the transparent incentive mechanism will promote healthy growth of the ecology.
3️⃣ How does OdinFun bring the BTC ecology into 2.0?
The OdinFun mechanism precisely addresses the two long-standing core issues in the BTC ecology, becoming an important driving force for the upgrade to 2.0.
Retaining minting fees: Automatic pool creation allows minted funds to settle within the ecology, enhancing liquidity and sustainability.
Liquidity breakthrough: 0 Gas transactions improve capital utilization efficiency, lower user thresholds, and promote ecological prosperity.
In addition, OdinFun will also support legacy rune integration in the future, be compatible with BTC protocols such as BRC20 and ARC20, and even connect ETH and SOL ecologies, promoting multi-chain interoperability.
4️⃣ The future of the BTC ecology: One Chain for All
According to recent data from Bob @BobBodily, the performance of the OdinFun mechanism is exceptionally bright, and the BTC ecology is undergoing a profound transformation.
Currently, OdinFun is still in its very early stages, and the leading project Odin Dog #ODINDOG has not yet exceeded a market value of 100 million USD, while the market space for the BTC ecology is vast, with unlimited development potential.
In the future, OdinFun may become the core infrastructure of the BTC ecology, driving it towards a true "One Chain for All" era and becoming the next phenomenon of explosive growth.
#odindog #OdinFun
1️⃣ Why does the BTC ecology need to upgrade from 1.0 to 2.0?
The core reason for the BTC ecology's transition from 1.0 to 2.0 is to address two major pain points:
Outflow of minting fees
Taking $sats as an example, with an initial market value of 21 million, all fees during the minting process flow to miners, preventing funds from being retained within the ecology, which limits long-term development.
Network congestion and high costs
The transaction speed of the BTC Layer 1 network is slow, and Gas fees are high, limiting user interaction experience and capital liquidity, further hindering ecological expansion.
2️⃣ How does OdinFun break through these limitations?
Automatic liquidity pool creation mechanism
Once the token minting is 100% complete, the system automatically creates a liquidity pool, with funds directly retained within the ecology, enhancing liquidity depth and preventing capital outflow.
0 Gas experience, lightning-fast transactions ⚡️
No need to pay Gas fees, transaction speed significantly increased, avoiding complex EVM operations and sandwich attacks, providing users with an extremely smooth experience. Currently, the annualized return of the liquidity pool reaches 1000%-2000%, and the transparent incentive mechanism will promote healthy growth of the ecology.
3️⃣ How does OdinFun bring the BTC ecology into 2.0?
The OdinFun mechanism precisely addresses the two long-standing core issues in the BTC ecology, becoming an important driving force for the upgrade to 2.0.
Retaining minting fees: Automatic pool creation allows minted funds to settle within the ecology, enhancing liquidity and sustainability.
Liquidity breakthrough: 0 Gas transactions improve capital utilization efficiency, lower user thresholds, and promote ecological prosperity.
In addition, OdinFun will also support legacy rune integration in the future, be compatible with BTC protocols such as BRC20 and ARC20, and even connect ETH and SOL ecologies, promoting multi-chain interoperability.
4️⃣ The future of the BTC ecology: One Chain for All
According to recent data from Bob @BobBodily, the performance of the OdinFun mechanism is exceptionally bright, and the BTC ecology is undergoing a profound transformation.
Currently, OdinFun is still in its very early stages, and the leading project Odin Dog #ODINDOG has not yet exceeded a market value of 100 million USD, while the market space for the BTC ecology is vast, with unlimited development potential.
In the future, OdinFun may become the core infrastructure of the BTC ecology, driving it towards a true "One Chain for All" era and becoming the next phenomenon of explosive growth.
#odindog #OdinFun
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Guo Hongcai (Baoye in the cryptocurrency circle) contributions and controversies in the blockchain industry
#qpdb认证
Guo Hongcai's contributions to the blockchain industry
1. Early promotion and popularization of Bitcoin
In the early stage when Bitcoin was not widely recognized by the public, Guo Hongcai (Baoye) promoted its popularity in a very personal way. In 2015, he initiated the 'Bitcoin China Tour,' promoting the value of Bitcoin nationwide and attracting many grassroots investors' attention, being called the 'pioneer and guide of Bitcoin.' He often encourages ordinary users to hold Bitcoin for the long term with the concept of 'holding coins and waiting for appreciation,' even insisting on speaking out during bear markets to help the industry through tough times.
Guo Hongcai's contributions to the blockchain industry
1. Early promotion and popularization of Bitcoin
In the early stage when Bitcoin was not widely recognized by the public, Guo Hongcai (Baoye) promoted its popularity in a very personal way. In 2015, he initiated the 'Bitcoin China Tour,' promoting the value of Bitcoin nationwide and attracting many grassroots investors' attention, being called the 'pioneer and guide of Bitcoin.' He often encourages ordinary users to hold Bitcoin for the long term with the concept of 'holding coins and waiting for appreciation,' even insisting on speaking out during bear markets to help the industry through tough times.
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Bit Reward Silver (Bitcoin-itip) LOGO Icon Collection: The first round of voting recommended by the community has concluded, and the two winning works will participate in the final voting.
#比特赏银 #qpdb认证
After being recommended by the Bit Reward Silver community and passing the preliminary vote on web2 social media, two works containing elements of Eastern culture have entered the competition for the Bitcoin-itip token chain logo.
Work 1: The calligraphy work '赏' recommended by the Bit Reward Silver Good Samaritan Community.
Work 2: The clerical script work '赏' recommended by the Bit Reward Silver Micro Charity Alliance Community.
This will be the first time that symbols of China's excellent traditional culture are adopted on the Bitcoin asset chain, spreading Chinese calligraphy on the web3 blockchain world stage. The '赏' character in the Bitcoin-itip token logo symbolizes the dual harvest of spiritual and material wealth, representing the essence and sublimation of cultural and monetary wealth.
After being recommended by the Bit Reward Silver community and passing the preliminary vote on web2 social media, two works containing elements of Eastern culture have entered the competition for the Bitcoin-itip token chain logo.
Work 1: The calligraphy work '赏' recommended by the Bit Reward Silver Good Samaritan Community.
Work 2: The clerical script work '赏' recommended by the Bit Reward Silver Micro Charity Alliance Community.
This will be the first time that symbols of China's excellent traditional culture are adopted on the Bitcoin asset chain, spreading Chinese calligraphy on the web3 blockchain world stage. The '赏' character in the Bitcoin-itip token logo symbolizes the dual harvest of spiritual and material wealth, representing the essence and sublimation of cultural and monetary wealth.
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