The so-called Bitcoin's sharp rise and fall cannot be used as a basis for currency; this is a misconception. The volatility is a result of valuing Bitcoin in fiat currencies like USD. Bitcoin itself does not require valuation in other currencies. Bitcoin does not have a management institution like the Federal Reserve, and there is no need to regulate its supply, which means no need for current monetary policy. It is simply a commodity pricing tool, with no concern for how much, or in other words, the supply is always appropriate. Money no longer directly affects actual welfare. This is the true meaning of money, world currency, and the best currency. Humanity has taken a long detour in the matter of money. #我的2026第一条帖
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The so-called Bitcoin's sharp rise and fall cannot be used as a basis for currency; this is a misconception. The volatility is a result of valuing Bitcoin in fiat currencies like USD. Bitcoin itself does not require valuation in other currencies. Bitcoin does not have a management institution like the Federal Reserve, and there is no need to regulate its supply, which means no need for current monetary policy. It is simply a commodity pricing tool, with no concern for how much, or in other words, the supply is always appropriate. Money no longer directly affects actual welfare. This is the true meaning of money, world currency, and the best currency. Humanity has taken a long detour in the matter of money. #我的2026第一条帖