Do you know the significance of Bitcoin being worth 100,000 dollars?
It's hard to imagine 100,000 dollars each; many people will ask why?
Why does a decentralized currency, which only has value as a store of value and not much use value, rise to 100,000 dollars each? Let me share my viewpoint. In fact, many people's understanding of Bitcoin is a bit shallow. They still talk about decentralization, distributed ledger, and so on, which is the weakest layer.
Second, some think Bitcoin will replace the dollar because the dollar's credibility is low; thus, a currency like Bitcoin, which won't be overissued and is decentralized, has a limited supply, so its value is high. I think that’s also incorrect. I believe the real reason is that it has become a co-conspirator to the dollar. Many people think Bitcoin and the dollar are in opposition, but I think it's the opposite.