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In 2008, Satoshi Nakamoto released Bitcoin's white paper "Bitcoin: A Peer-to-Peer Electronic Cash System". In the following 13 years, Bitcoin as a niche asset has achieved a 10,000-fold increase, the highest increase in more than a decade One of the assets. However, limited by its network capacity and volatility, Bitcoin has not really become a widely accepted payment tool for the general public. Instead, it is more similar to a gold-like commodity. In our daily life, we do not Use gold to pay or set prices for goods.
At present, the real realization of the vision of the "point-to-point electronic cash system" is the encrypted stable currency represented by USDT, USDC, and DAI. The current main scenario is the channel for people to enter the encrypted world, whether it is to trade encrypted assets, Or to use DeFi financial services, most people first need to exchange their fiat currencies into stable currencies.
In 2008, Satoshi Nakamoto released Bitcoin's white paper "Bitcoin: A Peer-to-Peer Electronic Cash System". In the following 13 years, Bitcoin as a niche asset has achieved a 10,000-fold increase, the highest increase in more than a decade One of the assets. However, limited by its network capacity and volatility, Bitcoin has not really become a widely accepted payment tool for the general public. Instead, it is more similar to a gold-like commodity. In our daily life, we do not Use gold to pay or set prices for goods.
At present, the real realization of the vision of the "point-to-point electronic cash system" is the encrypted stable currency represented by USDT, USDC, and DAI. The current main scenario is the channel for people to enter the encrypted world, whether it is to trade encrypted assets, Or to use DeFi financial services, most people first need to exchange their fiat currencies into stable currencies.
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