The market is once again full of popularity. Bitcoin broke through $50,000 and returned to below the stop line again. This means great buying opportunities with discounts everywhere. When Bitcoin stood at $50,000 on 2/18, who would have thought that on May 15, three months later, the market once again gave investors who had insufficient positions and were eager to get on the train again. It’s just that, as I repeatedly wrote in the official account after the Great Falls, when the market is discounting, do you dare to increase your position against the market? what are you thinking about?
I wrote in the article on 2/21 that the bull market has entered midfield. The article said that midfield is not suitable for Xiaobai and novices to enter the field. But what’s amazing is that a large number of novices and Xiaobai just wait until the midfield to realize the afterthought and rush into the market. For them, 50,000 dollars of Bitcoin is the starting point of the bull market. But the old Leek knows that the first half of the bull market has already ended. This is the difference in cognition. Another very unreasonable and unexpected thing is that these little whites who have just set foot in the currency market and are not afraid of tigers, a large part, or even the vast majority, will say “Bitcoin” after seeing the price of Bitcoin. It’s too expensive.” Then he turned around and asked, “Are there any other cheap ones to buy?” But for a novice who doesn’t know the depth, he still hasn’t mastered the method of investing in Bitcoin. Investing in other currencies is simply a gift. , The principal is “charity.”
Just like a young monk who has just entered a temple to practice martial arts for three years, he must first learn the most basic singing skills. Obviously, for an inexperienced currency market novice, he should only vote for bits. Coins, practice Bazi Jue, 3 years later, talk about other things. A person who hasn’t had the slightest internal strength yet has to learn top kung fu when he comes up. I am afraid that he is foolishly confused about whether he should choose “Nine Yin Zhenjing” or “Sunflower Treasure”. Without any knowledge basis, I went to ask the old leek which one should I read. The old leek, who was really responsible, handed the new leek a copy of “How to Practice Carrying Water”, but was despised and abandoned. Those who are not so responsible, just threw a copy of “Nine Yin Scriptures” to let the new leek practice, and finally practiced into a madness. Even those who have plans to harvest new leeks, they are particularly enthusiastic to give the new leeks a copy of “The Book of Sunflowers”, and also give a gift package of candy airdrops, for fear that the new leeks don’t know the secret of martial arts. When Xin Leek opened the “Sunflower Treasure”, the inner page was surprisingly eight characters, so he was overwhelmed, and mistakenly thought it was the true eight-character formula (because his cognition has no ability to distinguish), so he raised the knife and fell, and waved the knife from the palace.
Many anime series, although each episode has its own story, but behind the dazzling story, there will be a looming “main thread” hidden, usually between the pros and cons of the protagonist that never ends. Since the birth of Bitcoin and the birth of the blockchain industry, for more than ten years of ups and downs, winter and spring, you sing and I will appear on the stage, new coins are coming out one after another, old coins are retired, and the story of Tianda tells one after another, thrilling There is a basket of events, but behind all the excitement, there is a hidden thread that runs through the whole process. This thread is the desperate struggle between the two ideologies of “decentralization” and “centralization” and the ages. resentment. As Satoshi Nakamoto said in his blog reply in February 2009, he stated the essence: “I think this is our first attempt at a decentralized, non-trust-based system.”
Reading history can be wise, and wise can discern loyalty and evil. Each round of the bull market is accompanied by a large number of white papers entering the market, as well as those who have succeeded in the blockchain world and have betrayed the spirit of decentralization, or have descended from the traditional world to the blockchain world. demon king. With internal and external troubles, Bitcoin has fought all the way through thorns, and has stood up to this day with the repeated challenges of various careerists. The success of Bitcoin is by no means a “lying win” that many people mistakenly think, but a tumultuous battle song of blood and fire. In the last bull market, BCH, the first of the malicious hard forks, was the biggest “cause” Bitcoin encountered before the age of 10. However, modern civilization, Wenzhi Wugong. I think that if you control your computing power, you can use force to seek rebellion, usurp the throne, overthrow the civil group composed of code maintainers, form a military government, and rule Bitcoin. This is against the trend of the world and against historical development, and is a step backward in the direction of civilization. Once someone uses force to usurp power, it will inevitably trigger the “Grim trigger strategy” in game theory. The infinite power later will inevitably regard it as a model. , Endless, never peaceful. The cyclical law of the Chinese feudal dynasty, the French Revolution killed one leader after another, that is, they fell into this cycle.
This round of bull market has begun to appear real weighty descendants. Among them, there are Microstrategy CEOs who have sincerely converted, and Tesla CEO Musk has come to conquer. Aspiring winners are proud and arrogant, and the leaders of Duojin are ambitious and unsurpassable. In the conqueror’s proud mind, how can I sincerely submit to Bitcoin, how can I allow myself to be constrained and controlled by Bitcoin, and how can I tolerate myself spending a huge amount of money but only possessing a small, insignificant one? proportion? He must look for a prey, a target that can be influenced and controlled by him, waves of pleasure that can satisfy the impulse of androgen release to the greatest extent, and the ultimate comfort of a god of tens of thousands of people who respond with a hundred responses and worship. This prey is a small plate and easy to exert influence on Dogecoin. This goal is the global leek that is inhaled by the influence of the richest man in Dogecoin. The people who follow the Twitter news with blushing and heartbeat, and follow the rhythm of the red, green and green K-line have surpassed the cut leeks and become the playthings of Jiuchi Roulin. It’s just that the blockchain industry, which has been played by an opinion leader between the palms of the hand, has lost the righteousness of “decentralization”, and what kind of face can exist in the world? It’s better to get rid of the matter early. It’s just that after the incident, how do you report to Satoshi Nakamoto, who has been away for many years?
In each round of the bull market, the centralization flows against the river. Peaches and plums, the next from Seikei. Bitcoin, which cannot speak up, never regrets the ingratitude of the betrayers, nor does it defend itself for the unreasonable attacks of the conspiracy theorists, but silently extends one block after another, doing nothing and doing nothing. The teaching, success but not residence. It is also because Bitcoin does not take credit, so it will never die. As Lao Tan said: The husband is not living, so he will not go.
Author/ Translator: Jamie Kim
Bio: Jamie Kim is a technology journalist. Raised in Hong Kong and always vocal at heart. She aims to share her expertise with the readers at blockreview.net. Kim is a Bitcoin maximalist who believes with unwavering conviction that Bitcoin is the only cryptocurrency – in fact, currency – worth caring about.