BITWU.ETH
BITWU.ETH|Feb 10, 2025 03:19
The coins issued by the President of Central Africa have a market value of 600 million yuan on the 4-hour AliExpress platform; Currently, Jupiter Innovation is contacting the official office to confirm if it has been stolen. Now my mood is quite complicated, it's hard to say whether this phenomenon is good or bad for the cryptocurrency industry—— From a positive perspective, the participation of well-known figures or countries can accelerate public awareness of Crypto, especially in emerging markets, and may be a link in changing the future financial system. Especially in Central Africa, one of the poorest countries in Africa, declared BTC as a legal tender in 2022. Issuing coins now may be aimed at bypassing traditional financial system restrictions, attracting foreign investment, or addressing the issue of fiat currency depreciation. You should know that the GDP of Central Africa in 2023 is only 2.5 billion yuan, and one tweet can produce a quarter of it in just 4 hours. Power and reputation are absolute scarce resources in the cryptocurrency industry. After tasting the sweetness, more and more tokens will be issued under this model in the future. Everyone treats the president as a business, financializes positions, and wants to take the path of "issuing coins to change his life". Who still wants to build it well? Even if something goes wrong, the cut is done, and the profit is almost made, just like the routine of MEME promotion in the cryptocurrency circle revealed by @ kanyewest a few days ago, lightly saying that Twitter has been stolen is nothing more than accepting public criticism and criticism, without any constraints. Moreover, the people who issue coins have become smarter now, as indicated on the official website: Tokens are not intended to be used as any type of investment, security, or financial instrument, but are designed specifically for entertainment, community participation, and as a symbol of community unity. They have no intrinsic value and should not be considered financial assets. All buyers default to signing this disclaimer, and later buyers will follow suit. The active liquidity in the cryptocurrency circle will only be drained and dispersed day after day, while large-scale bloodsucking of other currencies. Under the demonstration effect of sudden wealth, people's desires will be aroused and actively invested in the wave of speculation. The market will produce a bunch of extremely efficient leek harvesters, and at that time, retail investors with limited chips will only face even more difficulties. More people, driven by profit, will turn all games into gambling. And the ultimate result is to be penniless. Alright, I have written so much in the hope that everyone can find their own way to make money in this kind of hype and chaos. In PVP, we should also maintain rationality and not become the group of people buried in the chaos. More importantly, because I'm not in the car, I'm really happy for you all to see you make money! 🥲
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