Is the first case of blockchain application in Central Plains for BTC peer-to-peer transfer payment under suppression?
The departure of BTC's founder and the concealment of identity signify decentralization and strong consensus completion! This is something all clone coins like LTC, DASH, XMR... cannot compare to. BTC's ATMs can exchange for fiat currency, and the Lightning Network has accelerated the exchange process. Small amounts of fiat currency circulating in clone coins occupy a significant market share! Until ETH was born, and cheaper public chains for transferring USDT emerged like TRX, AVAX, DOT, APT, or public chains built on the LAYER2 of Eth like ARB... the situation for clone coins has become quite awkward. Without circulation value in this bull market, clone coins naturally cannot rise.
BTC's fundamentals are inflation killers. Those who truly understand the essence of BTC as an inflation killer are very few, and those who know and bet on it have rapidly achieved a leap in social class. This is also the reason for its unpopularity! In other words, as BTC becomes more valuable, early holders who keep a few coins for 5 to 10 years cannot be easily exploited by capitalists because they won't be doing manual labor, delivering packages, or working 996... Because financial support makes them free people.
The essence of blockchain is a ledger, and decentralization is the core that cannot be tampered with... However, human nature is greedy, which is also the reason why the RMB digital currency has failed. Although digital currencies are centralized, embedding blockchain technology allows transactions to be traceable... Ordinary people may not understand this, but once this technology threatens the vested interests, it naturally becomes unwelcome... Just imagine, who would hit their own foot with a rock?
