Old Ma's "Payment Nuclear Explosion" this time is, to put it simply, about using a cryptocurrency (like Dogecoin) payment system to smash the dining pots of banks and Alipay.
Think about it, if you have to pay a fee and wait three days for an international transfer, who can still endure the traditional financial system if Dogecoin can arrive instantly? It's just like when WeChat Pay suddenly made wallets obsolete; now it's the banks' turn to experience this downscaling blow.
I have been tracking Musk's layout for three years and found that this guy is playing the "Sandwich Tactics": the upper layer uses Tesla/Starlink as a physical entry point, the middle layer uses the X platform for social payment, and the bottom layer uses Dogecoin as fuel. The most intense part is that he always uses memes to ignite the market—his tweet in 2021 stating that "Dogecoin is the people's cryptocurrency" directly caused this joke coin to soar 120 times. Now, the X platform has obtained payment licenses in 13 U.S. states, equivalent to entering a bank vault with a submachine gun.
Recently, there was a classic case: an African guy used Dogecoin to remit money to his family in the Philippines, and the transaction fee was only 1/50 of traditional channels. What does this indicate? Financial hegemony is being dismantled by the "tech guerrillas." But beware! This wave of revolution has a fatal pain point: volatility. Last month, a buddy used Bitcoin to buy pizza, and three days later, the coin price doubled, equivalent to giving the store owner $50,000 for free—this is the tuition fee early players have to pay.
Want to know where the next wave of wealth opportunities lies? Follow me tomorrow for the "Three Hidden Easter Eggs of Musk's Payment Ecosystem"; the second one might allow certain altcoins to make a comeback within 30 days...
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