Some Thoughts on the Current State of Bitcoin

1. With MicroStrategy's position so large and still increasing, is it a good or bad thing for Bitcoin's future?

I feel it's a double-edged sword! In the short term, it has supported the market by injecting confidence and locking in liquidity, but in the long term, it introduces tighter coupling with the traditional financial system and new centralized risks.

2. What is the ceiling for Bitcoin, the digital gold? Will it go to zero or become the number one asset in the world?

Gold's consensus is based on physical properties and a thousand-year history, with central banks as the main buyers. Bitcoin's consensus is based on cryptography and algorithms, and its current price is greatly influenced by U.S. monetary policy and Wall Street funds.

3. Is it good or bad to diverge from Satoshi Nakamoto's vision and become a tool of the regime (national reserve asset)?

Satoshi Nakamoto's core intention in inventing Bitcoin was to create a decentralized electronic cash system, eliminating dependence on financial institutions or governments, and enabling direct peer-to-peer transactions.

However, any large asset that wants to enter the mainstream and be accepted by millions cannot avoid dealing with the existing system (regime, financial regulation). Being 'co-opted' and included in regulation is a pragmatic survival strategy to gain a legitimate status and avoid being completely shut down. The pure ideals of early freedom have been diluted, but its core foundations of decentralization and fixed supply remain intact.

What will the future of Bitcoin be?