Written by: Happy Compiled by: Deep Wave TechFlow
Bitcoin price has exceeded $100,000; we are welcoming There’s a pro-crypto president, but strangely, everyone seems angry.
The Overton Window (the range of public acceptance of an issue) has completely changed. This time, things are indeed different, but not in the way we expected.
The Trump presidency poses a puzzling conundrum – what does it mean for my digital assets? There are tons of ideas running through my head.
On the one hand, he is the most powerful man in the world, yet he is openly "posting" for our cryptocurrency.
But on the other hand, he used his power and influence to launch Meme coins that diluted the market value to benefit his family, and tried to Capital is extracted to the maximum extent possible in this field.
Reality is often stranger than fiction.
Looking back at the history of Bitcoin, supporters originally designed a game theory plan to predict how Bitcoin would gradually take over the world. They think they will fight us first and that eventually we will win. On the surface, this seems to be true.
Bitcoin did win. It has transformed from its past image as "evil people's money used to fund illegal activities" to "free money" and is now accepted and promoted by the most powerful institutions, individuals and even the most powerful individuals in the world.
Celebrities like Larry Fink, Donald Trump, Stanley Druckenmiller, Ray Dalio and Elon Musk have all spoken out positively about Bitcoin at some point . This is in stark contrast to a decade ago, when the only use for Bitcoin might be to buy a slice of pizza, or to have environmental protesters glue themselves to your driveway and accuse you of "destroying the planet."
However, for those who spend 16 hours a day staring at the computerFor people who use their screens, chat with friends online, and speculate wildly on virtual currencies: I think the future is likely to get a lot weirder and a lot tougher.
In the history of cryptocurrency development, we have been imagining the changes that the "future" of these technologies may bring. "The whole world will be on the chain", "Everyone will use stablecoins to trade", "NFT will replace physical art", "Decentralized Finance (DeFi) will replace the traditional banking system".
But historically, these ideas have never really been realized. The technology is not yet mature, and is hostile to the field. They would rather we not exist, so they will use every means to suppress us.
Therefore, many teams have to focus on designing products that can avoid legal risks and maximize currency prices. Design that truly focuses on user experience has long been ranked at the bottom of the priority list.
To some extent, this situation is indeed very beneficial to us Internet geeks. In order to push up currency prices and avoid legal risks, one of the main strategies used by many project teams is to directly distribute tens of thousands of dollars of "free funds" to those of us in the form of airdrops.
According to CoinGecko statistics, the total amount of the top 50 airdrops is as high as $26 billion .
Because the environment made it almost impossible to produce truly high-quality products, we instead pretended that these projects had achieved their goals and valued them accordingly. value.
As a result, we have witnessed many strange phenomena: Layer 1 without users has a valuation higher than that of most traditional technology companies; it relies on new capital injections to maintain The valuation of the "Ponzi stablecoin" even exceeds the GDP of some; the transaction price of ape pictures is even higher than that of some real estate.
What I'm trying to say is that the entire crypto industry is based on a deeply flawed incentive system.
In this system, it's just as easy to get rich just talking about building something as it is to actually build it.While many of us criticize this phenomenon, we actually benefit directly from it.
However, I think this situation may be about to change.
With the emergence of cryptocurrency support and regulation, we finally have the opportunity to design serious, practical products for people who really need them.
This is great news for the entire industry, but I have absolutely no way of predicting what it will mean for us "speculators."
In a world where legal clarity drives real innovation, will innovators continue to give us "free money" via airdrops?
When the legal environment becomes clearer, will more professionals enter the on-chain ecosystem, thereby weakening the current "speculator spirit"?
If crypto projects achieve technological breakthroughs and attract "real users," what will be the fate of those applications that still have no users?
If hostility turns to support, will we blindly turn to those more centralized blockchains?
When the threshold for creating Tokens drops to zero, will all Tokens be diluted and lose their value?
As higher quality applications continue to emerge, will we see a large influx of actual users flooding into the on-chain economy and spending funds? Will these funds remain on-chain long-term, or will they be withdrawn back into the traditional economy?
Ultimately, will we end up in a Web 2.0-like situation where a handful of companies make all the money while other projects make less money in comparison? Seem insignificant?
Does the future of your family really depend on whether you buy those seven coins? If you miss them, will you be doomed to poverty by holding on to Ethereum for too long?
Will Michael Saylor sell (FSH) all his Bitcoin on impulse? This sounds ridiculous, but if it's trueIf it happens, we may still be left with nothing.
Will the Ethereum Foundation suddenly disband, and we can only watch as Vitalik frantically creates an organization with his "Milady spirit" A new blockchain?
If Trump decides to launch an "American chain", airdrop tokens to every citizen, and at the same time impose heavy taxes on other chains and tokens, What will happen?
Will these changes cause currency prices to rise, or will they lead to a market collapse?
Honestly, I have absolutely no answer. This was probably the most confusing moment I've had in the past five years.
The only thing I know for sure is that everything is going to change, and the cryptocurrency world in four years will be completely different than it is now.
So, how do I deal with these changes?Frankly, I'm not smart, I just lucked out and made some money over the past few years. Therefore, I decided to reduce investment risks and withdraw some funds from the crypto market.
I can no longer afford to bet 95% of my net worth on those "virtual currencies" that plummet 95% every few years.
I really dare not tell my girlfriend that I bet our future on Trump fulfilling his campaign promises. Before that, I had bet everything on him winning the election.
However, I think I may perform better in the future. After all, now I know that even if I mess up, I won’t end up on the street because I’ve moved part of my assets into “real assets.”
At the same time, I am also quite scared about the advanced scams and phishing that may appear this year. Now that we have AI that can write better content than most humans, I think it’s only a matter of time before these bots are specifically designed to trick you into stealing your private keys.
In order to deal with possible future risks, I am also considering hedging. It is more important than ever to adopt a multi-device, multi-wallet, and multi-chain decentralization strategy. I am also using hardware money.Bag.
I will continue to hold all my Bitcoins. This is the only asset in the crypto space that I truly believe in, and I believe that Bitcoin still has huge growth potential over the next decade.
As for my plan, it is to adapt to the situation and adapt to the situation. The future will be full of unknowns and surprises, and innovations will continue to emerge. The crypto space is about to experience tremendous growth, along with countless opportunities.
I want to be flexible. I want to have some stablecoins on hand to be able to participate in all the exciting new projects – whether they are experimental, seemingly ridiculous, or those based on meme culture.
I don’t want to take it all too seriously, I want to have fun, make some money and live happily.
This is my plan: take profits at the right time, ensure my life is stable, continue to hold (HODL) my Bitcoin, and then wait and see what happens, and try again Profit from the opportunities that follow.
The future may be full of unknowns and unusual, but no matter what, make sure you at least enjoy it.
Final reminder: Don’t take this article as financial advice, I’m just human and maybe even stupid. If you sell your coins, they could go to a trillion dollars; if you hold on, they could go to zero. So, close this page and stop reading. Don't follow me, I'm just talking.