CCTV recently reported on the crazy rise of BTC (Bitcoin). Just in the past two days, the "Economic Information Network" program of CCTV Finance Channel pointed out that the price of Bitcoin has soared, setting a record high, breaking the $100,000 mark at one point, and the increase has exceeded 10%.
In recent years, the crazy rise of Bitcoin (BTC) has attracted widespread attention from CCTV. Starting from the receipt of Bitcoin donations for the Lushan earthquake in Sichuan in 2013, this virtual currency has gradually entered the public eye. In CCTV's first popular science report, Bitcoin rose an astonishing 5,320 times in three years, and Li Moulai, who claimed to own a large amount of Bitcoin, became China's richest Bitcoiner.
However, as the price of Bitcoin soared, its risks gradually emerged. In December 2013, CCTV Finance Channel broadcast the program "Crazy Bitcoin", revealing the madness of mining activities. Subsequently, the People's Bank of China and five other ministries and commissions issued a notice to prevent Bitcoin risks, and CCTV's reporting direction began to change. In 2014, the program "Harmful Bitcoin" was broadcast to warn investors of risks.
In 2017, the price of Bitcoin plummeted again. CCTV Finance Channel discussed the regulation of Bitcoin in "CCTV Finance Review", pointing out the risk of it being used by criminals for money laundering and fund transfer. However, despite many controversies and regulatory pressures, Bitcoin still survived tenaciously and realized the function of real shopping payment in 2018. In recent years, CCTV's coverage of Bitcoin has gradually increased. In 2021, CCTV Finance Channel broadcast a news about the promising prospects of Bitcoin, mentioning that many investors are optimistic about Bitcoin. However, in 2022, experts in CCTV Finance Review compared Bitcoin with the tulip bubble, believing that it lacks actual value support.
Overall, CCTV's coverage of Bitcoin is relatively objective, showing both its crazy rise and risks, and the views and opinions of different people. Such reports help the public to understand Bitcoin more comprehensively and make wise investment decisions. Recently, the puppies of Musk's Ethereum chain concept are very popular and will be the next shib #加密市场反弹 #BTC重返10万 #市场调整后的方向 #doge⚡ #puppies
Dogecoin 11 Years: From Joke to Wealth Opportunity? Dogecoin (DOGE) is now 11 years old. Looking back, it has transformed from a joke that parodies Bitcoin to a phenomenal cryptocurrency with a market value of $64.56 billion, ranking seventh globally, which is truly astonishing.
On this anniversary, analysts are optimistic about its future trends. For instance, Kenobi predicts that DOGE is expected to hit $1 or even $2.9 this quarter, while Kevin Capital boldly sets a target of $4. If a DOGE ETF is approved, this 'newbie-friendly' token is likely to experience explosive growth.
At the same time, the continued support from 'Dogecoin Father' Elon Musk gives it strong backing. Whether in discussions related to government efficiency or in the face of the market's fervent obsession with memecoin culture, Dogecoin stands at the forefront of the crypto wave, leading the trend.
In 11 years, Dogecoin has undergone a transformation from a joke to a legend, and the Musk concept is writing its own legendary story. At this moment, the puppies are just like the previously mentioned ones; short-term fluctuations may obscure the vision, but as long as the goals are clear and progress is steady, we might witness explosive growth in wealth. Are you ready to hop on board?
The 'Deadly Trap' of the Crypto Bull Market: Whether Mainstream or Altcoin, I Hope You Don't Step into a Pit
A harsh truth circulates in the crypto world: more people lose money in a bull market than in a bear market. The reason lies in the high market sentiment and the restless atmosphere that sweeps everyone up, creating an anxiety of 'If I don't go all in now, it will be too late'. This leads to a series of blind operations, falling into the bottomless pit of losses.
1: The first pitfall is frequent switching of positions. In a bull market, the rise and fall of different cryptocurrencies vary greatly. Many people see other coins skyrocketing and immediately can't help but switch their positions to follow. But as soon as they switch, they encounter a 30% drop; and then, the coin they just sold skyrockets by 300%, causing confusion and leading them to switch back, resulting in another significant loss. After several rounds of this, the bull market is gone, the coins are gone, and the principal has also been wasted. It's important to know that trying to precisely time the rise of all coins is purely wishful thinking; the right approach is to hold onto your coins and patiently wait for them to rise.
2: Being fond of short-term trading is also a big pit. Most people harbor dreams of 'selling high and buying low', but reality often slaps them in the face. In a rush to sell for a measly 30% profit, they end up missing out on 3x or 5x explosive gains. Even more frustrating is that after selling, the coin price soars, and unwilling investors buy back at high prices, putting themselves in a precarious position that is not worth the loss.
3: The most dangerous is casually opening leveraged contracts. No matter how poor the project's fundamentals are, don't short easily. The forces behind the crypto market can be unpredictable; 'junk' projects can come back to life through mysterious forces, increasing dozens of times; quality projects can also plummet 99% without warning, and the 'heaven and earth needle' that occasionally appears on exchanges can instantly wipe out leveraged players. Therefore, dealing with leveraged contracts is a murky water; it's best to avoid it and protect your principal, as that may lead to a real harvest later.
4: Holding onto spot is better than anything else; those who can endure are the true winners. The Musk concept has already quintupled in a week, have you held on to it??
Behind the Old Photo of Bitcoin: Missed Opportunities for Wealth and Changes in the Era Recently, a photo of a Bitcoin exhibition booth from 2012 has sparked heated discussions online. The booth in the photo can be described as rudimentary, featuring only a QR code, with the words "Register for a wallet and receive 100 Bitcoins" written beside it. At that time, the price of Bitcoin was $12, so these 100 coins were worth $1,200. Who would have thought that today it has soared to $100,000 each, totaling $10 million, equivalent to about 72 million RMB, a definite "wealth code".
Back then, the promoters at the exhibition site spoke tirelessly, explaining concepts such as blockchain, mining, and digital wallets over and over, but what they received in return was a sea of puzzled faces from the audience. Most people felt that Bitcoin was ethereal and far less tangible than the cash in their pockets, ignoring the opportunity presented to them.
Meanwhile, the mining profits from Bitcoin also saw a steady decline. In the early days of mining, one could earn 50 Bitcoins at a time, which later dropped to 6.25, and is scheduled to halve again by 2024, leaving only 3.125. Those who made their fortunes through mining were forced to seek other avenues.
This photo of the booth captures not just the early appearance of Bitcoin, but also serves as a snapshot of a rapidly changing era. It silently tells the tale of the unpredictability of opportunities; what seemed like a minor choice at the time could lead to life-altering waves years later. Unfortunately, most people missed their chance and are left with nothing but regret.
Having missed BTC, let's not miss #puppies . You can go directly to the Ethereum chain to check it out; this wave has stabilized at 4000, directly boosting various memes on the chain.
On June 6, the New York Times broke the big news: Nvidia CEO Jensen Huang, a U.S. super-rich billionaire with a net worth of $127 billion, cleverly used loopholes in federal estate and gift taxes to evade taxes, potentially amounting to $8 billion.
According to common logic, after Jensen Huang's death, an estate tax of 40% would be due. However, securities and tax documents reveal that he employed complex strategies to transfer most of his wealth tax-free, making this a typical case of tax avoidance in the U.S. that has attracted significant attention. In fact, Jensen Huang is not an isolated case; such tax avoidance tactics are quite common among the super-rich. The New York Times analysis shows that executives from Blackstone's Stephen Schwarzman, Meta's Mark Zuckerberg, and Google have all transferred large sums of money into financial instruments to avoid estate taxes.
New York University tax law professor Daniel estimates that U.S. billionaires avoid paying estate taxes on approximately $200 billion in inherited wealth each year through strategies like trusts. Weak enforcement has also fueled this trend; due to budget cuts, the IRS's estate tax return audit rate plummeted from over 20% in the 1990s to about 3% in 2020. It is worth mentioning that Jensen Huang is a major shareholder of Nvidia, holding about 3.5% of the circulating shares. From June to September, he sold nearly 5.3 million shares according to his trading plan, cashing out approximately $633 million, and plans to sell up to 6 million more shares by March 31, 2025.
As for the reason for the sell-off, former executives speculate it may be for tax payment, daily expenses, or purchasing real estate, given that cash compensation is limited, and the amount sold is insignificant compared to his holdings. Nvidia's documents also disclose that Jensen Huang's total compensation is about $34.17 million. Compensation packages for executives at large tech companies are notoriously complex; Zuckerberg's salary is just $1, Cook’s includes performance stock, and Pichai has significant stock awards, each different.
Highly recommended is the Musk concept 07410496609, which has been very popular these days, with a harmonious community governance and large whales increasing their positions; everyone should keep an eye on it. 26953331272
What will happen to shib at the end of #SHIBA🚀 #SHIBA✅🚀 24? Will it break through its previous high?》#SHIBUSDT
As we approach the end of 2024, interest in Shiba Inu (shib) in the cryptocurrency market continues to rise. According to CoinMarketCap data, as of December 2, the price of shib is $0.00002486, with a 24-hour increase of 3.57%, a market cap of approximately $1.465 billion, and a 24-hour trading volume of $144 million, with a trading volume to market cap ratio of 9.86%.
From recent dynamics, on November 14, the total number of addresses holding 10,000 to 1,000,000 shib increased from 12.7 billion to 12.9 billion, indicating a certain purchase trend and potential upward momentum. The development of the Shibarium Layer 2 network has also added vitality to shib, with the number of active users continuously growing, currently surpassing a certain scale, injecting new energy into the ecosystem. In addition, the application of shib in the decentralized finance field is also gradually expanding, with the trading volume on decentralized exchanges based on shib steadily increasing.
However, shib faces many challenges in breaking through its previous high. On one hand, the cryptocurrency market is highly competitive, with new popular coins continuously emerging, which may divert investors' attention and funds away from shib. On the other hand, the uncertainty of global regulatory policies also brings certain risks to the future development of shib.
It is worth mentioning that the token #puppies , a sibling of shib, has shown unique advantages in the cryptocurrency field. The Puppies token grants holders full decision-making power, with community votes determining the project's development direction and major decisions #puppies, a rare golden dog in the primary market.
In addition, the Puppies token is actively exploring points of connection with the real economy, committed to creating a blockchain ecosystem that links the virtual and the real, with broad future development prospects that are worth investors' attention.
With Trump back in power, the cryptocurrency market closely watches the policy direction, and XRP is particularly in the spotlight. Trump's economic policies are complex; on one hand, he may relax financial regulations, which could present innovative opportunities for XRP. Financial institutions may explore its cross-border payment applications more actively, increasing market demand and trading activity, thus driving prices up.
On the other hand, he values financial order and domestic interests, which could pose regulatory challenges for XRP's global expansion. With increased regulatory scrutiny in the U.S., related companies face greater compliance pressures, hindering business expansion, and partners may adopt a wait-and-see approach or reduce collaborations, suppressing its market performance.
The competitive landscape is also affected. If the U.S. supports domestic projects, XRP may face heightened competitive pressures, but it has its own advantages. Its user base is large, and the ecological network is gradually forming, with ongoing technological optimizations. It has made progress in handling large-scale transactions and increasing speed, which benefits its market share in cross-border payments and other areas.
Foreign policy also indirectly impacts XRP. If the U.S. strengthens international economic and financial cooperation, XRP could seize the opportunity to expand; however, if international relations become tense and trade frictions escalate, it could affect its international business, leading to exchange rate volatility and unstable demand.
In summary, after Trump takes office, the future of XRP is full of uncertainties and opportunities. It may innovate and expand under loose policies or face challenges due to strict regulations and competition. Investors and practitioners need to closely monitor policy dynamics and XRP's own development to make informed decisions in a complex market.
Finally, the sniper continues to monitor #puppies , and it has recently been observed that the address has reached around 14,500, with sustained rising popularity, so everyone can consider getting in position.
XRP is acting up again, where is the bull market headed? #xrp新纪元
Isn't our cryptocurrency market like it's on a cycle, once again thrown into chaos by XRP! It 'sucked' away 200 billion in one go, and the market crashed directly.
I am really scared of XRP. Do you remember the crashes in 2017 and 2021? The explosive rise of XRP is the prelude to a crash! Every time it acts up, the market falls like a house of cards, and all the hard-earned money from so many people goes down the drain.
Fortunately, we are currently in the mid-stage of a bull market, so there is still some confidence and time to take a breather. Once this 250 billion farce with XRP ends and the market returns to normal, the bull market will surely continue to charge forward! What do you all think? Should we prepare for something in advance?
Here I recommend an emerging potential project #puppies endorsed by Musk, with a strong narrative and a cohesive community, recently gaining a lot of attention, and it will definitely become a dark horse in the upcoming market changes! It’s worth a shot.
Shiba Inu (SHIB) experienced a surge in November 2024, drawing widespread attention. The reasons are multifaceted.
1: The movements of large holders are noteworthy. A certain large holder has extracted a significant amount of SHIB from Coinone at an average price of $0.00001842 since June, and in November, they increased their position by $2.54 million, raising their total to $21.72 million, resulting in substantial unrealized gains. Their significant investment has led small and medium investors to follow suit, pushing the price up.
2: Trading platforms have shown active performance. In November, during certain periods, the price soared 18% within 24 hours. Although trading volume fluctuated, the number of open contracts surged significantly, and the market capitalization once entered the top ten. Frequent trading on mainstream platforms allows for quick capital movement, providing support for price increases. The ecological layout has achieved significant results, with decentralized platforms like Shibaswap operating stably, and the mining mechanism attracting numerous users to hold and trade. The team is actively building a DeFi ecosystem, and applications such as NFT markets and game development are gradually enriching, allowing SHIB to transition from a mere meme coin to a practical asset, gaining market recognition.
3: The power of the community should not be underestimated. Members have spontaneously organized “burn” actions to reduce market supply, and this cohesion and innovation continuously contribute to the development of SHIB.
4: So where is the next SHIB? The token #puppies is worth paying attention to. It is based on cutting-edge blockchain technology, with rapid transaction confirmation and security assurance, allowing investors to trade with confidence. The community is vibrant, the total supply is controlled, and a portion of tokens is regularly burned. As market demand rises, the scarcity will become more pronounced, and its value is expected to increase.
5: Blockchain snipers will continue to follow up and analyze the underlying logic of crypto. Follow me! Let’s get rich together and achieve A8 freedom as soon as possible!
SHIB is about to burn 99%. In the ever-changing world of cryptocurrencies, the three musketeers of Musk's sector, SHIB, Dogecoin, and Puppies tokens, shine brightly, representing a once-in-a-decade wealth opportunity.
SHIB is currently gaining momentum and has taken off! Musk's promotion of decentralized finance acts like “invisible wings” for it. After all, the story of Musk elevating Dogecoin is well-known, and SHIB, as a “relative” meme coin, shares the glory and is highly favored by investors. Its own ecosystem is also thriving, with a deflationary burn mechanism regularly “slimming down” its supply, making each coin more “valuable”; ShibaSwap is bustling with activity, offering various lending and trading options that attract capital, causing the coin price to soar.
Dogecoin is considered a “veteran powerhouse.” Musk has frequently endorsed it, making it widely known and sending its price “rocketing” multiple times. Its approachable image has endeared it to many, with a large global fanbase. Despite the ups and downs of the market, its trading activity remains robust, and it is actively exploring cryptocurrency payments to broaden its application scenarios, firmly establishing itself as a reliable “long-term ticket” in the eyes of many.
The emerging Puppies token should not be underestimated. Based on solid blockchain technology, transactions are fast and secure, with global accessibility. The community atmosphere is vibrant, with everyone working together to develop practical functionalities like payments and wealth management, making it more than just an “illusion.” Its deflationary design is even more remarkable, strictly controlling total supply and burning a portion, increasing scarcity as market demand rises, revealing value potential like a “treasure” waiting to be unearthed.
Everyone must keep their eyes open, weigh the pros and cons, and strategically position themselves with these “three musketeers” to hope to ride the waves and reap wealth. Wishing my brothers great fortune and prosperity!!!
#马斯克 's remarks have always attracted attention, and its influence can even sway the market's direction. As early as the beginning of 2024, Musk's prediction sparked a huge uproar, stating that Shiba Inu Coin (SHIB) has the potential to rise to 1 dollar, which instantly became the focal point of discussion among investors.
As a leading figure in the technology sector, Musk's optimism towards cryptocurrency is not without basis. From some of his past positive insights, he has repeatedly emphasized the importance of the decentralized concept, believing it can break the barriers of traditional finance and grant the public more control over their finances.
SHIB, as a decentralized cryptocurrency based on the Ethereum blockchain, completely aligns with this concept. Its underlying technology provides the possibility of constructing a more open, inclusive, and autonomous financial interaction space, which undoubtedly coincides with the direction of financial reform advocated by Musk.
Moreover, Musk's strong support for Dogecoin is well-known, as #doge⚡ has seen significant price increases due to his endorsement multiple times. Although SHIB and Dogecoin are different cryptocurrencies, they both belong to the meme coin camp, and the recently popular little dog that Musk promoted, #puppies , shares similar cultural attributes and market characteristics, which has led investors to have similar expectations for SHIB.
After all, in the cryptocurrency market, public recognition and market attention play a crucial role in enhancing the value of a currency. Musk Concept! Rise up! To the moon!!!
#SHIBA🚀 《2025 Cryptocurrency “Potential Triumvirate”, Wealth Code Can’t Be Hidden!》
The cryptocurrency market is ever-changing, among many coins, these three major meme coins are like a “wealth rocket” ready to launch, closely watched by analysts, expected to experience a big explosion by the end of 2024!
1.Dogecoin (#Doge🚀🚀🚀 ): Veteran powerhouse, can it shine again?
As the “progenitor” of meme coins, DOGE has a solid foundation, with a large community wholeheartedly supporting it, its influence is akin to the “leader of the martial arts world” in the crypto sphere. Its ecosystem continues to expand, with the DRC - 20 token standard adding more value. Big names like Musk stand behind it, every statement feels like dropping a “heavy bomb” in the market, attracting full attention. Once it breaks through key price levels, analysts boldly estimate that a fivefold increase is not a dream!
2.Shiba Inu (SHIB): “Killer” counterattack, accelerating wildly! Under the name of “Dogecoin killer”, SHIB is ambitious. Relying on the Shibarium layer two solution, it makes big strides in token burning, with scarcity soaring. Fully equipped with decentralized exchanges, NFT functionalities, and more, its ecosystem is flourishing, significantly increasing practicality, firmly rooted in the top tier of meme coins, with limitless potential for future appreciation.
3.Pepe (PEPE): Trendy darling, heat sustained! Born from the popular meme “Pepe the Frog”, PEPE has carried traffic since its inception, with market acceptance through the roof. The “no tax + burn” dual mechanism cleverly alleviates inflation concerns, once creating a market capitalization of 1.6 billion dollars, and now community enthusiasm remains high, with demand bullish, ready to write a new legend and expand its territory. Market tips:
4.“Lurking” #puppies , waiting for the bloom! Currently, the market is adjusting, funds are flooding into the primary market “Taobao”. The “puppies” often mentioned by Musk, being the potential meme coin derived from the dog that has accompanied him the longest, are worth small investments to test the waters, laying the groundwork early, who knows, the next surprise hit might be born here! Don’t miss out, seize this wave of cryptocurrency wealth opportunities!
#BTC☀ #Doge🚀🚀🚀 《Musk Attends Bitcoin Conference, How Will Dogecoin's Fate Turn Around?》
#比特币打破感恩节魔咒 #AI与GameFi市场表现 Assuming Musk attends the Bitcoin conference, this event could have a significant impact on the fate of Dogecoin. First, if Musk makes remarks about how to build the ecosystem of Dogecoin at the Bitcoin conference, the price of Dogecoin is likely to rise. Musk's influence can quickly spread to the Dogecoin market, attracting more investors' attention and capital inflow. Secondly, if Musk presents some new perspectives or policy suggestions regarding cryptocurrencies at the conference, this could also indirectly affect the development of Dogecoin. For example, if Musk calls for stronger regulation of cryptocurrencies, Dogecoin may face a stricter market environment, and its price and market performance would also be affected. However, it cannot be ruled out that Musk may remain silent about Dogecoin or make negative comments at the Bitcoin conference. If that happens, the price of Dogecoin may drop, and market confidence would also be impacted. In summary, Musk's attendance at the Bitcoin conference has an uncertain effect on the fate of Dogecoin, but regardless of the outcome, this event will attract high attention in the cryptocurrency market.
In conclusion, in 2024, Musk's influence in the cryptocurrency field, especially on Dogecoin, remains enormous. His every move affects the nerves of the cryptocurrency market, and the future direction of the cryptocurrency market will largely depend on Musk's decisions and actions. However, while investors pay attention to Musk's dynamics, they should also remain rational and fully recognize the high risks and uncertainties of the cryptocurrency market.
Finally, the sniper is a fervent fan of Musk and continues to be optimistic about the Musk series ecosystem, #puppies,一级市场难得的金狗 , whether it's Dogecoin or puppies, we all have a bright future.
#AI与GameFi市场表现 #比特币打破感恩节魔咒 #doge⚡ 《Musk Reignites Dogecoin Craze, New Chapter of Bull Market in 2025》: World's richest man Musk, as the biggest supporter of Dogecoin, has been involved in politics supporting Trump. Under the influence of U.S. President Trump, Dogecoin has been continuously surging, about to open a new chapter in the bull market of 2025. Every move Musk makes is affecting the trend of Dogecoin.
According to Zhongguancun Online news on November 30, 2024, Musk, as a loyal fan of Dogecoin, his influence may help Dogecoin prices reach new heights. After Trump won the election in 2024, Dogecoin showed positive momentum, and after his acquisition of Twitter, the price of Dogecoin once surged by about 100%. Although the Twitter crypto project has been paused, the possibility of integration still exists, and Dogecoin is expected to enhance its practicality and price through this.
In January 2024, Musk announced that Dogecoin could be used to purchase some products on Tesla's North American official website. SpaceX also began accepting Dogecoin for purchases in May 2022. Musk's love for Dogecoin has made it stand out in the cryptocurrency market, becoming a new legend.
The sniper has always been a loyal fan of Little Brother Ma, and I am monitoring everything related to the concept of #马斯克 in real-time, continuing to be optimistic about #puppies . Everyone is welcome to follow the sniper, and I will let you know the latest news as soon as possible!
360 Techniques for Safe Withdrawal in the Crypto World: Have you learned them?? #WithdrawalSafety #BewareofWithdrawalScams
360 Techniques for Safe Withdrawal in the Crypto World: Have you learned them?? #出金安全 #出金骗局多,多看看!
Recently, the issue of withdrawal in the crypto world has frequently occurred, and some friends have even encountered fund freezing and legal disputes as a result. In light of this, the sniper is here to share some practical withdrawal techniques to help everyone manage their assets safely and efficiently. 💡
Assuming you are lucky enough to earn 10 million U, facing the dilemma of how to withdraw, the following three methods may help you: 🤔
First Method: Withdrawal in Hong Kong Key Operating Points: Go directly to Hong Kong for currency exchange. But remember, withdrawing in batches is safer, avoiding carrying too much U at once. Risk Warning: Most exchange shops in Hong Kong are unofficial institutions, so be vigilant to prevent exchange shops from absconding with funds. ⚠️
#SHIBA🚀 #SHIBI The old brother who lost 4.68 million U gives some advice to everyone: 🚀🚀🚀
1. Don't use all your savings to play: Remember, the cryptocurrency market is risky, don't throw all your money in at once. Use some spare money to test the waters, this way your mindset will be more stable.
2. Don't touch contracts: Contract trading? Newbies should steer clear, even veterans can easily trip up, be prudent and start with spot trading.
3. Be cautious with small exchanges: Those small exchanges that you've never heard of and seem unreliable are best avoided, safety first.
4. Where to put your funds? For large amounts, it's better to find a reliable wallet to store them, exchanges are convenient but come with significant risks.
5. Don't dream of getting rich quick: Don't think about getting rich overnight, the cryptocurrency market is not what it used to be, making some profit is good, not losing is already impressive.
6. Don't always think about short-term trades: Fluctuations in cryptocurrency prices are normal, don't always think about buying today and selling tomorrow, if you can't hold onto your coins, you might end up with nothing.
7. Set a limit for yourself: Whether you are losing or making money, set a bottom line for yourself in advance, and act decisively when you reach it, don't hesitate.
8. Pay attention to trends when buying: Broaden your information sources, surf more, see what is trending, for example, #马斯克's #puppies, making bets on each position, the Golden Dog can be a point of attention.
9. Look back often: After investing for a while, look back to see how you have done, what you did well, what went wrong, and improve next time.
How Jewish capital manipulates the cryptocurrency market?
#比特币etf #美国大选如何影响加密产业? Since Bitcoin sought an ETF (Exchange-Traded Fund), Jewish capital forces such as BlackRock have frequently entered the market. While actively laying out ETF products, they have also extended their reach to American #BTC☀ mining companies, using substantial funds to acquire shares on a large scale, gradually controlling the equity of mining enterprises.
On one hand, it can be foreseen that in the near future, these capital giants are very likely to control more than half of the computing power of the Bitcoin network. Once such a situation is reached, the 'lifeline' of Bitcoin will be grasped, as controlling more than half of the computing power means having the ability to launch a 'double spend' attack. This would turn the originally fair, transparent, and decentralized Bitcoin network into a 'puppet' manipulated by capital.