Some thoughts on BRC20 inscriptions

The large-scale development and prosperity of BRC20 inscriptions is imperative and unstoppable.

1. Currently, aside from Bitcoin being sought after by capital, there are almost no hot topics in the market. Capital needs broader and more beneficial outlets. The ecological development of public chains like Auntie has reached its peak and is in a bottleneck stagnation phase, whereas the development space for Bitcoin ecologyis huge. Currently, aside from Bitcoin's unique applications, there are almost no other specific ecological applications. The development of the Bitcoin ecosystem relates to the overall interests of various capital sources and miner nodes, but the foundational system construction for Bitcoin ecology requires a long process of technological research and application landing. Therefore, continuous hotspots in the Bitcoin ecology are needed to better promote the construction of the foundational system.

2. In 2023, the first Bitcoin ecosystem BRC20 inscriptions were born, such as #ordi, #sats, #rats, #π in March, and #piin born on November 9, and #pizza born in June this year, etc. The large-scale development and prosperity of #BRC20 inscriptions is imperative. The Bitcoin ecosystem (with the leading BRC20 inscriptions at the forefront) concerns the continuous, permanent stability, security, and prosperity of the Bitcoin network, because only the Bitcoin ecosystem can provide an endless stream of gas fee income for Bitcoin miner nodes, thus sustainably maintaining the cost and revenue of Bitcoin nodes. Therefore, the Bitcoin ecosystem is not only an important condition but also a necessary condition. The ecology of other public chains is an important condition for the development of that public chain, but not a necessary condition.

3. Users in the Bitcoin ecosystem are the most valuable users in the currency circle, not only wealthy but also forward-thinking. If this type of user is not well guided and developed, it will be a significant loss for major exchanges. Therefore, to cultivate and compete for these users, major exchanges will strengthen wallet development and various marketing activities to attract more clients again. It is said that Binance is redeveloping a new wallet, set to launch early next year.

4. Once Bitcoin reaches 100,000, altcoins will go wild. High-quality altcoins can multiply by 5 to 10 times by the end of the bull market, but to turn an investment of 10,000 into over a million in returns, it must be through inscriptions. Compared to high market values of VC coins, inscriptions have long undergone wash trading, concentrating chips among institutional major holders and steadfast builders, making it easier to pump. A low market cap also makes it easier to achieve higher multiples.

5. The greatest potential of #BRC20 inscriptions, most likely to become a super phenomenon-level #Bitcoin ecology and #meme coin, is definitely #piin. Because #piin is the fairest, purest, and most decentralized, inheriting the attributes of its parent #Bitcoin completely, it is truly a leaderless currency, an inevitable outcome of historical development. The #piin community has a vast group of hundreds of millions of registered users and 90 million active #pinetwork miners (known as Pai friends or Pai pioneers), which is the incremental traffic and fresh blood that major exchanges want to attract the most. The #piin community conducts uninterrupted Tencent teaching meetings (even on holidays), teaching registration for exchanges, creating web3 wallets, safely storing mnemonic phrases, trading cryptocurrencies, and sharing knowledge and practical skills about web3 on Telegram, Twitter, etc. Meetings are held in English on Mondays, Wednesdays, and Fridays, Chinese Twitter space meetings at 8:30 PM every night, and daily Chinese space meetings in the morning, along with volunteers from the overseas #piin community frequently holding unplanned English space meetings. These teaching meetings and consensus conferences are helping users from the Pai circle and the web2 world effectively enter the great era of web3.

In summary, #piin is the only broad avenue that connects the Pai circle and successfully leads #web2 to web3, as well as the only bridge and link between #Bitcoin and #pinework and #web2.

6. Currently, the market cap of #piin inscriptions is only 6 million, which is severely undervalued. The #piin community has long positioned #piin as a super phenomenon, perfectly integrating various circles such as the Pai circle, currency circle, trading circle, and physical circle, seamlessly merging multiple age groups from young to old. Therefore, the builders of the #piin community are not afraid of fluctuations, regardless of coin prices, they hold firmly, continuously build, and many volunteers regard #piin as a lifelong career to strive for. For nearly 13 months, #piin people have been dedicated and persistent, consistently building, earning unanimous praise from the industry and quiet admiration from brother communities. Although #piin has been stagnant at a low position for nearly a year, with a price that is not very appealing, it has been called an 'industry benchmark,' 'leader community,' 'strongest community,' etc. It was also named the 'Leading Project of Bitcoin Inscriptions' at the Thailand Crypto Summit, and #piin is the only inscription and meme coin project invited to this summit. Since June 14 to December 5, 9 top #web3 projects have actively collaborated with #piin. This shows that #piin is truly the uncrowned king of the industry (the only reason being that #piin's price has not performed well). Therefore, it is certain that #piin will definitely be the king of Bitcoin ecology and meme coins in this bull market. Moreover, it is a super phenomenon that will transcend bulls and bears, overcoming countless ups and downs. So #piin will inevitably lay a foundation of thousands of times and embark on a journey of tens of thousands of times in this bull market; it's just a matter of time.

#piin Market Cap 0.006 Billion

#piin Market Cap 0.06 Billion 10 times

#piin Market Cap 600 Million 100 times

#piin Market Cap 6 Billion 1000 times

#piin Market Cap 60 Billion 10000 times

#piin Market Cap 120 Billion 20000 times

………………

In conclusion, the resurgence of the inscription market, from the perspective of fundamentals and development, is not far off. It is predicted that there will be a real explosion early next year, and this explosion will be much more intense and lasting than the previous two. In this bull market, Bitcoin can reach a market cap of 6 trillion USD, then the market cap of the Bitcoin ecosystem will be at least 3 trillion USD.

The above is a bit of my humble opinion, but it does not constitute any investment advice. Happiness is achieved through hard work, and opportunities and challenges are grasped by oneself. Turning around requires arduous struggle.