AxZenith_刘多余

Wall Street has gained actual control over Bitcoin, and miners no longer have the ability to influence the market.
This is something I have been emphasizing over the past year, and it is also the reason why I have asserted that Bitcoin will enter a small peak before the halving. Brother Zhao’s visit to the United States means that the ETF application must be approved, although this sounds like It's like a conspiracy that has been laid out for a long time, but it is a conspiracy. When people were still talking about how they would not take over Bitcoin at a high price, Wall Street already had actual control over Bitcoin. This is the reality. They can influence the market, not only the crypto market, but they can influence the world's rich businessmen and celebrities, and even wars. In previous articles, I have emphasized many times that the market value of Bitcoin is as simple as buying a stuffed toy for them to play with. I also firmly believe that they are not targeting the three walnuts and two dates in our hands and spending several years planning to use their century-old reputation to endorse Bitcoin. They must be targeting wealthy businessmen and celebrities. Is it really impossible to apply for approval five years ago? Obviously it can be applied for approval, but at that time, miners' income could influence the market, and applying for approval before this halving means that miners have lost their ability to influence the market. You may not believe it, but the fact is that Wall Street is about to control a financial world that exists with the Internet, and it is still a year-round engine. As long as they use some tricks to let giants such as Google, Apple, Microsoft, and Buffett buy and store them, technology companies and wealthy people around the world will follow suit. This is the trend. Do you think this is enough? After they promote Bitcoin to the altar, they will also promote the tokenization of real assets. This is a trillion-dollar market. #内容挖坑 #BTC $BTC $BNB $SOL

Look back at the judgments about the United States from a year ago, and then look at today's SEC. Those who know me understand that before the ETF applications were approved, I had already written about the path that American institutions would take.

It's just that I no longer like to publicly predict certain things; I want to boast about the upcoming market filled with my well-forecasted statements. From Ethereum's fall to the bottom, the public discourse on this matter has gradually cooled down. However, right now, Tom Lee is also interesting. I previously promoted Ethereum, and now he is using it for marketing his multi-billion dollar treasury company. At that time, I was heavily criticized, and now it's Tom Lee's turn.

Whether it's Web3 wallets, DEX derivatives, or RWA, they all seem quite uninteresting. In fact, the person who created Ethereum, in my opinion, is even more incredibly impressive than the person who created Bitcoin, although both are quite remarkable.

From another perspective, the current state of the cryptocurrency world is closely tied to the network effect formed by Ethereum.

$BTC $ETH #btc #eth

Steel assets are currently in a long-term demand window and are considered a premium asset. Costs are rising, and demand is also expanding, which confirms that they are premium assets. Additionally, many people are busy investing in technology, biomedical, gold, silver, rare earths, etc., and have no funds to focus on this. Now is a good time window to enter.

$BTC $ETH #btc #eth

Binance: Confirmed that employees engaged in insider information violations for profit.

Honestly, this isn't a one or two-day issue. Last year, Binance news was constantly pushing on-chain RUGs, and at that time, the ground team was promoting it in various communities with official Binance support. It only stopped after communicating with a leading figure, so the information release department at Binance has had issues for more than just a day or two.~

Shouldn't I also be awarded some bonuses? What has Binance experienced in the past two years? 🤣

$BTC $BNB $LDO #Ldo

Some friends often ask what a bull market is?

A bull market is not just about rising prices; it is a process where retail and institutional investors, lacking certainty of returns in the real environment, concentrate their pricing and advance payments on the expected future returns of the industry under the same narrative and consensus.

In this process, the index continues to rise, and the unrealized profits are continually amplified. Meanwhile, the risks do not disappear; they are merely pushed back in the form of higher prices and longer durations. As the price increasingly deviates from the current fundamentals, the risks borne by holders no longer involve volatility but rather systemic risks related to whether future returns can be sustained. In this process, the market expectations that have not been fulfilled in past years will be redeemed in turn. As asset prices continue to rise, the media will amplify the expectation effect through online broadcasts, and whether inside or outside the market, institutions that were initially skeptical will also enter as prices rise, until the risk exposure becomes so large that some leading institutions and newly entering institutions experience a collapse.

Retail and institutional investors who can survive in despair will continually amplify the network effect as the index rises, which is why bull markets often emerge from despair.

$BTC $ETH $LDO #btc #eth #ldo

Many people are discussing the 'Fanghua Trilogy'

Most people should have heard various rumors from their elders about that era, and I grew up with my grandfather. He has experienced a complete cycle from the external wars to the early 21st century, while my grandfather's parents had thoughts from the late Qing Dynasty. In my grandfather's memories, his parents did nothing but burn incense and worship Buddha every day, even exchanging the family's accumulated wealth for royal sacrificial items to burn incense and worship Buddha. As a result, there was a huge divergence between my grandfather and his parents when he was young, and the sacrificial items obtained were buried underground. At that time, we had just entered the phase of external wars, and later, during his participation in the external wars, there were only various splendid temples. Even after the war caused material shortages, the incense offerings became even more prosperous. He recalled seeing many people eating the ash from the incense altars. Of course, after the external war ended, he concluded his military career and was one of the few survivors in the family who served in the military.

Looking at the Cultural Revolution from today's perspective is a crazy thing, but pulling back to the perspective of that time, it was a long-accumulated resentment, only ignited at a certain period. The people participating in the Cultural Revolution were a whole generation later than my grandfather. History does not have a role standing in the coordinate system we find normal today.

$BTC $ETH $LDO #btc #eth #ldo

The acceleration of genome cracking and protein analysis is increasingly becoming one of the biggest risks we face today, and no one can predict when it will happen or in what form. However, we can see from numerous financial reports that politicians and celebrities are increasing their investments in the biological field, yet there are no regulatory constraints strengthening and constructing protective engineering.

But each of us should be clear that the design threshold for highly lethal viruses is decreasing exponentially with technological advancements and a surge of crazy funding. Local laboratory accidents could trigger regional or even global catastrophic events. It's like a Pandora's box, filled with the temptation of immortality, but hell is right beneath our feet.

As massive funds flow into biological laboratories, we have not seen a single influential person calling for stronger biosafety regulations and the construction of biological defense engineering. Perhaps the risks we face are even more exaggerated than I can imagine...

The next biological disaster we are currently facing is likely to be tens of times more exaggerated than the 2019 pandemic. Therefore, the hundreds of billions of funds currently invested in the biological field to seek increased lifespan do not advocate for risk control. With genomes and protein structures becoming clearer, the funds invested may very well be bullets shot at oneself.

20251208: Liu Duoyu

$BTC $ETH #btc #eth

Elon Musk predicts a war will break out in ten years.

From a rational perspective, it's difficult to have large-scale wars under nuclear deterrence, but there is one very concerning aspect for everyone: every individual, and it is very likely that this will save your life in the near future.

With the advancement of technology, the human genome and protein structures are being deciphered exponentially, and the technological barriers are also decreasing exponentially. A large number of wealthy individuals are investing funds into the biological field to seek lifespan enhancement, but no one can guarantee whether drugs to extend lifespan will emerge first, or if a biochemical crisis will occur first. The most frightening aspect is that global attention is focused on AI competition and lifespan enhancement, while ignoring the risks brought by technology. The regulation and constraints on biological laboratories have not been strengthened, and there has been no progress in urban chemical defense projects.

This is something I have been worried about for a long time. The accelerated development of genome and protein analysis technology will make biological risks the most complex and unpredictable potential disaster in human history.

If a risk warning appears one day, leave the city you are in at the first opportunity. Try to settle in a sparsely populated area long-term, and prepare sufficient survival resources. Of course, I hope that everyone will never need to use them in their lifetime, but seeing a large amount of funding invested in biological laboratories and their technological development without stricter social regulation and constraints gives me a bad feeling.

$BTC $ETH #btc #eth

Neither a fan of beauty nor a fan of the middle ground, showing no interest in any politics.

There is an unpopular view that those who blindly follow any politics are harming it and themselves. Being excessively devoted to anything ultimately harms oneself.

From a very objective standpoint, the large models of artificial intelligence have not yet reached the level of general models. The robotics industry is also not worth much praise; when it comes to industrial machinery capabilities, Japan, Germany, and the United States still lead in high-precision processing equipment, core industrial control, and transmission systems, while domestically, there is a high efficiency and cost advantage in industrial machinery capabilities.

$BTC $ETH #btc #eth

US SEC Chairman: The United States aims to migrate its financial markets on-chain within two years.

I believe two years is an exaggerated timeframe; after all, it is impossible to move trillions of dollars' worth of assets on-chain in that time. However, it can be felt that the US system is accelerating. In 8 to 15 years, the US will move all assets on-chain through sharding, modeling, and other means. For countries that have not completed the migration, wealth will be diluted several times, the method of accounting will change, and the metrics for measuring wealth will also shift, altering the nature of currency.

In 20 years, most people will understand this statement. If you don’t understand it now, I can’t explain it in detail; you can consider me a quack or call me crazy. In 20 years, you will come to explain to me that blockchain is called a global ledger, but it might be better referred to as a miniature world, or a mirrored world, where the entire globe shares a single ledger, leading to a civilization-jumping level of impact.

$BTC $ETH $LDO #btc #eth #ldo

It turns out that the media remembers the love-hate relationship between CZ, DK, and SBF

Writing a joint letter to Trump to release DK and SBF, the market became lively afterwards 🤣

However, the probability of SBF being pardoned is indeed increasing, as his network has been active in the White House, likely pressuring the legal team. After the legal team repays the domestic users' debts, the probability will skyrocket.

DK is in a bit of a tough spot; DK does not have the 40 billion USD to repay debts, and UST needs to go back to 1 USD to re-establish its peg.

Lottery tickets are just for fun

$LUNA $USTC $FTT #luna #ustc #FTT

Although there are many robot companies in the country, the United States is not in a hurry yet. It is not that they are foolish, but rather they understand that general-purpose robots need to be combined with the capabilities of general large models.

Robots are not an industry; they are a cross-disciplinary comprehensive industry. With general large models, there also needs to be extremely high visual perception and system architecture capabilities. Even these capabilities require industrial integration.

Therefore, the current robot industry is more like a large programming toy manufacturer. It is hard to predict who will make it to the end, just like Tesla is about to launch a self-driving car without a steering wheel, while many people still believe that the advantages of gasoline cars outweigh those of electric cars, but for electric cars, gasoline cars are like trash.

However, whoever creates a general artificial intelligence robot will have the ability to change an era, and should become the largest company in the future.

$BTC $ETH $LDO #btc #eth #ldo

The capabilities that a general-purpose robotics company needs to possess

General large model capability, chip design capability, industrial integration capability, system architecture capability. Currently, only Tesla meets the above four points. I have been paying attention to this field for a long time and have seen too many humanoid robot companies control so-called "robots" with toy controllers.

Overall, the only company that currently possesses the potential is Tesla, which has large models, chips, a self-developed vision system, and a top-level vision system, as well as system architecture and factory integration capabilities.

One can only say that Musk is a crazy human, and the unique environment in the United States has provided him with crazy capital.

$BTC $ETH $DOGE #btc #eth #doge

A friend asked me who I think will create the first general-purpose robot, and I don't know, just like when I said last year that this year would be the 'Year of the Robot.' At that time, I also looked through the majority of domestic and foreign robot solutions, including domestic companies like Yushu and Zhongqing, as well as some in the industrial robot field, but many founders are too old, and many younger ones haven't gone public yet, so I can only choose based on age priority.

After looking at many robot companies, many of them use remote controls and resemble large toys, deviating from the path of general-purpose robots. Abroad, Tesla and OpenAI are the most likely to create a general-purpose robot, especially since Tesla's visual processing capabilities have reached an unprecedented level. If you look at my social media from 2021 or 2022, there's a post about how Tesla's robot business might surpass Apple's market value.

Actually, after researching for so long, I've come to a conclusion: whoever is closest to general artificial intelligence models is the one who can create the first general-purpose artificial intelligence robot, and its market value will exceed most people's imagination. The reasoning is that Alibaba in China could also choose to take this path, as its data and model processing capabilities are far ahead.

$BTC $ETH #btc #eth

CZ has begun to realize that MeMe has been harming its brand value?

No one hates MeMe, but everyone hates the crazily manufactured MeMe.

However, there will always be someone doing better in this industry. When recommending to develop an embedded market last October, it was clearly stated that the opinion was not to shout MeMe. Of course, it was just a suggestion, and BSC also does not have a clear target framework; it is better not to do anything in this field.

Conservatively estimating that the neighbor is secretly developing, its growth data is also incomplete, likely much more than everyone thinks, just like Tencent surpassing Alipay's share, which has never been promoted.

$币安人生 $BNB #bnb #btc

In the financial field, do not care about the opinions of the majority, especially regarding crypto assets as a new financial system.

Looking at the social media posts from 2023, there are still many people holding negative emotions towards the crypto market. When the big A posts in 2024, there will also be countless people with negative emotions. If you look at my comment section, many people even mock me crazily. In March of this year, during the Ethereum period, there were countless people who even privately messaged to scold me, but time is always the best proof of who is right.

To this day, I still believe that Bitcoin is the "risk premium" of the traditional financial market; they won’t explode while crypto assets remain in a bull market structure. As for how far it can go, I also want to know how much risk premium the resilience of cryptocurrencies can absorb from the traditional financial market.

There are still those who believe in Bitcoin, forgetting that Bitcoin was designed by Satoshi Nakamoto after the 2008 financial crisis to prevent the next crisis, and also forgetting during the pandemic in 2020, when industries were in decline, how much liquidity crypto assets, as an emerging asset, carried.

Stepping into this industry is a hope for the future reconstruction of the economic system. When I brag with others, I can say that in my youth, I participated in a round of economic system reconstruction, rather than looking back at history, imagining how people kept accounts 8000 years ago with shells and stones, 5000 years ago with writing, 1000 years ago with double-entry bookkeeping, 100 years ago with national currency bookkeeping, and 50 years ago with electronic currency bookkeeping. We are participating in an era of global accounting, as if we are creating a miniature mirrored world.

$BTC $ETH #btc #eth

Whether or not trading cryptocurrencies is important, but policies are preventing the mapping of the world as assets on the blockchain. At that time, human wealth will rapidly expand, and those who are not involved will see their previously accumulated wealth passively devalue during the rapid expansion of human wealth.

Even Russia holds an open attitude, we have little reason to refuse and engage in some private chains. The vast wealth accumulated over the past forty years from the transition from an agricultural society to an industrial society, during the process of participating in the global supply chain restructuring, will all be diluted by real assets through modeling, dismantling, fragmenting, and combining, ultimately mapped on the chain. From now on, all countries will stop issuing currency, and the wealth that can be mapped on the chain will be dozens of times that of the total ledger, and its combinable liquidity will be much higher than the current wealth, and the form of currency and the way wealth is valued will also change.

$BTC $ETH #btc #eth

It's a good idea to participate in building a miniature version of the world. The so-called tokenization is not about putting things on the chain, but about breaking down the world into programmable value units. When the blockchain becomes a multidimensional mirror of the world, the total financial amount on the chain will far exceed all asset statements in reality, and Ethereum, with its unique openness and co-construction model, will become the fulcrum on the chain.

$BTC $ETH $BNB #btc #eth

In fact, the most underestimated aspect of blockchain is the true value of network effects. In the internet era, we have never felt the power of network value itself; it is absorbed by platforms and digested by capital structures, making it invisible and unattainable.

Blockchain is different. It releases network effects in the most direct way, allowing all participants to see, share, and continuously accumulate. Ethereum is the most typical example; the larger the ecosystem, the more applications, and the stronger the consensus, the less likely its value is to be underestimated. Blockchain has truly turned network effects into asset effects.

In the traditional internet field, internet companies can still rely on copy and paste, but in the blockchain field, it is difficult to achieve copy and paste. Although copy and paste is simple, forming consensus on network effects is challenging. As of now, there is not a single public chain that has copied the Ethereum model to achieve network effects like Ethereum. Even excluding real data, it is hard to find even one-tenth of that. The most cutting-edge talents in blockchain are just a few hundred, and the knowledge density required for talent is extremely high. The threshold of blockchain is not in the code, but in consensus and talent. The most advanced talents in the entire industry—those who truly understand cryptography, P2P networks, economic incentives, virtual machines, and security architecture, along with technological density, ecological weight, narrative dominance, and historical accumulation—can be counted on one hand, especially in cutting-edge infrastructure fields.

Therefore, there is almost no opportunity for the blockchain infrastructure to overtake on curves; the longer the time, the harder it becomes to catch up.

$BTC $ETH #btc #eth

10 years later: After comprehensive research and judgment on the development trend of blockchain technology and the effectiveness of digital renminbi applications, the current related technology system has matured, and the global currency pattern is undergoing profound adjustments. To better serve the development of China's economy and society and the safety of the financial system, after careful research and demonstration, the country has decided to orderly promote the opening and landing of blockchain-related businesses under the premise of ensuring safety and controllability.

At that time, Bitcoin was $500,000, the integration of NASDAQ coin stocks, there was no obvious distinction between the US dollar and stablecoins, and even on-chain US dollars were the US dollar itself. A large number of basic applications were pocketed by the US, and the on-chain settlement layer became a settlement system dominated by the United States, with currency beginning to trend towards integrated development. Ethereum-related technological achievements received important awards from the mainstream economics community, and people began to discuss how precious the network effects of on-chain infrastructure are.

$BTC $ETH $LDO #btc #eth