Recently, Forbes published an article stating that if Circle can successfully go public (IPO), it would be a great thing for the entire cryptocurrency industry. Let me explain in simple terms.

First of all, many people are still on the sidelines, wondering whether to enter the cryptocurrency space. If Circle successfully goes public, it will serve as a benchmark, telling everyone: "Look, you can go public in cryptocurrency too!" This essentially gives cryptocurrency an official endorsement. Furthermore, buying these crypto stocks is much simpler than buying coins directly, just like buying stocks in Tencent or Alibaba, you can operate within your securities account without the hassle of wallets and private keys.

Think about it, in the past, if people wanted to invest in cryptocurrency, they had to open an account at an exchange and learn how to manage a digital wallet, and they might even fall victim to scams. Now, it's great, you can directly buy crypto-related stocks in your stock account, allowing you to profit from the growth of cryptocurrency while significantly reducing risk. Isn't this just "making money while lying down"?

Forbes also mentioned that there is currently a demand in the market, so there will definitely be more companies following suit. It's like opening a restaurant; once the first one makes a profit, the second and third will surely follow. This is good for the entire industry, especially for companies that work on foundational blockchain technology and various development tool projects. The launch of new projects means money coming in, and this money will ultimately flow into infrastructure development.

Of course, some people are worried that with so many companies going public, will it squeeze out the market for altcoins (those smaller coins)? After all, it’s not like 2021 when you could easily buy an altcoin and see it multiply tenfold or eightfold. But I think these people are being too one-sided. You see, the fact that cryptocurrency companies can go public only shows that the industry is being recognized by the mainstream, right? Just like when internet companies went public, at first, everyone thought it was unreliable, but later it turned out to be quite successful, didn't it?

So, the listing of cryptocurrency companies is actually a good thing for altcoins! Cryptocurrency is becoming more and more legitimate; while the opportunities for massive profits are decreasing, in the long run, it is becoming more stable. Isn't this exactly what we want? We no longer have to worry about being scammed, and we can share in the dividends of industry development—how great is that!