I just saw a logic that gives me confidence to hold $币安人生 at 300U/piece, and it's sufficient.
Essentially speaking: Binance life is no different from BTC.
Not just BTC and Binance life, but any other virtual currency is no different.
The so-called altcoins and mainstream coins ultimately stem from one underlying logic: because of belief, miracles happen.
Does BTC have real value?
No.
Does ETH have real value?
No.
The so-called king of public chains is built on the premise that virtual currencies have value; where does the value of virtual currencies come from?
Consensus!
When one person believes that a stone can be exchanged for a big pancake, the stone is just a stone, and the pancake is still a pancake.
When 10 people believe that pancake = stone, and the stone can be exchanged for pancakes, then the interaction between stone and pancake can be traded among these ten people.
When 100 people, 1000 people, 10000 people… believe that stones and pancakes can be traded with each other, then the transaction of stones and pancakes is established.
This is the key to the value of virtual currencies: as virtual currencies have come this far, they are no different from air.
Only by believing that virtual currencies have value and being willing to trade with real money can virtual currencies have value, and BTC can be valued at 110,000 USD/piece.
It is worth mentioning that there is indeed a coin in the cryptocurrency world that has grown this way.
The ancestor of meme $DOGE .
From the beginning of DOGE's birth, its existence had no meaning: infinite issuance, no upper limit, can be issued freely, exchanged freely.
The initial purpose of DOGE was to slay the dragon: to prove that BTC has no value.
The irony is that as more and more people use DOGE, this initial purpose of slaying the dragon became a dragon itself.
From 0 value to having value, the earliest holders of DOGE inexplicably became millionaires and even billionaires.
This is the path that DOGE has taken, and it is also the root of meme existence: as long as enough people believe it has value, then it has value.
Similarly, when enough people believe that Binance life is worth 300U/piece and are willing to pay 300 USD to buy one, then it is worth 300U/piece.
Once you understand this logic, everything becomes possible.
The sooner you hold it, the more you earn, because those who hold early bear the risk.
{future}(DOGEUSDT)
{future}(币安人生USDT)