#数字资产行情上升 Talking about the fundamental differences between digital assets and traditional currencies
Compared to Bitcoin and fiat currency, the differences are indeed significant. Bitcoin has a fixed total supply, mined through computational power in the network, and who can get the coins first depends entirely on their invested computing power—this is a completely decentralized logic. Fiat currency is different; it is issued under government leadership, backed by national credit. How is it issued? It depends on the actual needs of social development—both to promote economic growth and to regulate income disparity. In short, the three main strategies are "stabilize the market, promote development, and ensure people's livelihoods."
But such a comparison isn't really meaningful. $BTC is more like gold, fundamentally an asset rather than a circulating currency. Do you price goods in gold? That would be absurd. Since it is an asset, its price is determined by the trading market, and that's correct. But there's a question worth pondering—why do people buy it? Can it be eaten? Can it be used? Or is it purely a spiritual value? These questions hit the core of asset value: is it the market consensus that gives it value, or is there some other substantial support?
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BearMarketGardener
· 01-11 02:54
Basically, it's a consensus game—those who believe make money, and those who don't believe lose money.
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WhaleWatcher
· 01-08 16:56
Honestly, Bitcoin is essentially a consensus game; whoever believes in it makes it valuable.
Gold at least can be made into jewelry, but BTC? It's just digital existence.
Fiat currency, although criticized, is backed by national credit and can be used to pay rent.
This argument has some issues. Do assets have to have "practicality" to be valuable?
A fixed supply sounds appealing, but that's also its biggest disadvantage, brother.
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ChainChef
· 01-08 09:29
honestly the "can you eat it" question is where most people's brains melt... like yeah bitcoin's just simmering in consensus but at least the recipe's transparent, not printed by some bureaucrat's whims, ngl that's the whole sauce
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ShitcoinConnoisseur
· 01-08 09:23
Haha, well said, it's just a consensus game.
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wagmi_eventually
· 01-08 09:17
Basically, it's a consensus game; without consensus, it's worthless.
#数字资产行情上升 Talking about the fundamental differences between digital assets and traditional currencies
Compared to Bitcoin and fiat currency, the differences are indeed significant. Bitcoin has a fixed total supply, mined through computational power in the network, and who can get the coins first depends entirely on their invested computing power—this is a completely decentralized logic. Fiat currency is different; it is issued under government leadership, backed by national credit. How is it issued? It depends on the actual needs of social development—both to promote economic growth and to regulate income disparity. In short, the three main strategies are "stabilize the market, promote development, and ensure people's livelihoods."
But such a comparison isn't really meaningful. $BTC is more like gold, fundamentally an asset rather than a circulating currency. Do you price goods in gold? That would be absurd. Since it is an asset, its price is determined by the trading market, and that's correct. But there's a question worth pondering—why do people buy it? Can it be eaten? Can it be used? Or is it purely a spiritual value? These questions hit the core of asset value: is it the market consensus that gives it value, or is there some other substantial support?