! ! Big news! ! Big news! !

! ! ICBC actually recognized Bitcoin! !

ICBC recently released an in-depth analysis report, highly praising the rapid development and diversification of digital currencies. The report compares Bitcoin to gold and praises Ethereum as "digital oil", believing that it can power many applications in the web3 ecosystem, and emphasizes that human imagination is the key to the exponential growth of digital currency types and applications, as pointed out by historian Yuval Noah Harari. Matthew Siegel, head of digital asset research at VanEck, said that Chinese state-owned banks seem to be "sending love letters" to Bitcoin and Ethereum.

The report outlines the different development paths of digital currencies, pointing out that Bitcoin relies on a mathematical consensus mechanism to maintain gold-like scarcity and solve a series of problems. Although its currency attributes have weakened, its asset status has been consolidated; Ethereum provides "digital future technology power" and integrates Turing completeness through a dedicated programming language and virtual machine, establishing its key platform status in the DeFi and NFT fields, and has the potential to expand to DePin, but it also faces practical challenges such as security vulnerabilities. Developers are actively exploring a variety of solutions, including measures in the Ethereum 2.0 upgrade and second-layer solutions.

Stablecoins and central bank digital currencies play an important role in the modern financial system. The report emphasizes the key role of stablecoins in connecting the digital currency market with the real world. By linking with traditional assets, it provides stability for volatile markets, promotes seamless transactions and reliable value storage, and becomes an important tool for daily financial activities and a bridge to the global financial system. Its stability and convenience are conducive to the widespread application of digital currencies.

CBDC represents a major innovation in the monetary system. The central bank's digital legal currency can improve the efficiency of the payment system, reduce transaction costs, and enhance the effectiveness of monetary policy. It can also simplify cross-border transactions, serve the unbanked population, and improve financial inclusion. However, the development and implementation of CBDC infrastructure needs to comprehensively consider privacy, security and regulatory impacts to ensure successful and widespread adoption. Policymakers, technology developers and regulators need to work closely together to ensure security and compliance and protect user privacy rights. $BTC #美联储利率决策即将公布 #币安用户数突破2亿 #美国4月核心PCE指标显示通胀放缓