From 'Air Coin' to Payment Revolution: Musk's Move Shatters the Pure Faith in Dogecoin
Musk's Blade: The Collapse of Dogecoin Belief, Miners and Retail Investors in a Life-and-Death Struggle
Crypto blogger Jin Lian's Quick Review: When Musk connects Tesla charging stations to Dogecoin payments, a revolutionary change that disrupts the crypto world is set in motion. This carnival, which started from meme culture, is undergoing painful value conflicts.
48-Hour Payment Revolution
12 Tesla charging stations worldwide have launched DOGE payment testing, and SpaceX satellite procurement has integrated small-scale settlements. On-chain transaction volume surged by 320%, and transfers below 0.1 DOGE increased from 3.7% to 28.3%. Once regarded as an 'Air Coin', Dogecoin sheds its pure speculation label.
Miners in Revolt: The Collapse of the Hashing Dynasty
Old Wang from the Texas mining farm chuckles bitterly at the idle mining machines: 'The dedicated node cluster hangs like a sword of Damocles.' Protocol upgrades caused the profits of small and medium-sized mines to shrink by 40%, with the entire network's computing power plummeting by 18% in 24 hours, and second-hand mining machines crashing by 30%. The decentralized sanctuary faces an efficiency revolution, and small miners become sacrifices to technological upgrades.
Retail Investor Civil War: Faith vs. Speculation
Two factions clash in Twitter spaces: the faith faction celebrates 'finally not relying on Musk's Twitter', while speculators roar 'how do we play with half the volatility?' 37% of holders sold off their positions, and new developers are constructing a payment ecosystem.
Three Deadly Traps
Pilot Dilemma: Charging station payments require switching to third-party wallets, with an experience far inferior to the Lightning Network.
Regulatory Cliff: The EU's MiCA regulations may block DOGE payments due to anti-money laundering loopholes.
Centralization Ghost: Musk's node cluster improves efficiency but strays from the original 'decentralization' intention.
A Gamble at the Crossroads
Dogecoin stands at the crossroads of the payment revolution: miners hope for an adjustment of the POW mechanism to regain fairness, developers are building compliant gateways, and retail investors are hopping between faith and speculation. Musk's 'To the moon' tweets may become prophetic—only this time, the lunar surface is covered with the thorns of technological upgrades.
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