$BTC Deconstructing Industry Dilemmas from Technical, Regulatory, and Ecological Dimensions

Recently, the intensive convening of the global cryptocurrency industry roundtable reflects the unprecedented challenges this field is facing: drastic fluctuations in Bitcoin prices, frequent de-pegging of algorithmic stablecoins, the spread of trust crises in exchanges, and ongoing differentiation of regulatory policies... The industry is struggling to explore in the crevice between technological breakthroughs and institutional constraints. How can a balance be found between 'innovation and risk' and 'freedom and order'? This requires breaking through from three dimensions: bottom-level technology iteration, global regulatory collaboration, and ecological value reconstruction.

1. Technical Dilemma: The Double Strangulation of Performance Bottlenecks and Security Vulnerabilities

The 'impossible triangle' of blockchain technology remains a sword of Damocles. Although Ethereum's merge has reduced energy consumption by 99%, the TPS has only increased from 15 to 30, far from Visa's 24,000;