To understand the next hundredfold coin, the prerequisite is to find the successful path of Bitcoin. Why was Bitcoin able to rapidly expand from a few cents to the 120,000-130,000 range? For the valuation of Bitcoin, users who speculate in the crypto space and those who do not have differing opinions. The author certainly has their own viewpoint. What is value? Why is gold valuable? Most users believe that Bitcoin's value lies in consensus, but the term "consensus" is extremely elusive. Simply put, when you can exchange one gram of gold for the local legal currency in any country, then gold is valuable. Because gold can be exchanged for whatever you think of, this can be applied to the crypto space.

Currently, Bitcoin can be exchanged for USD, US Treasury bonds, euros, yen, and many other legal currencies of developed countries, so it is valuable. Its function is to allow you to bypass cumbersome processes and achieve global connectivity. The author believes that Bitcoin's value lies in this; its value is as a channel. It cannot be elaborated further, but those who have survived in the crypto space for a long time will understand this point. So, who will be the next coin? To be frank, it is difficult for another Bitcoin to emerge. The most hopeful Ethereum has an over-issuance system, lacks a constant upper limit, and is subject to human control, which is a risk, and the same goes for SOL.

According to our logic, the next coin that could replace Bitcoin would be a coin that replaces the channel; this makes it easy to understand why the concept of stablecoins is so attractive to investors. We, the Americans, and all other countries have deployed such legislation. In the author's eyes, the stablecoin legislation is a shock to the crypto space. It replaces the value of most coins in the crypto space because it is backed by US Treasury bonds and the US dollar, providing an opportunity for the black and gray industries to launder money, which is the most terrifying positive event. This bull market may very well become the last dance of the crypto space; everyone should cherish it, as it is both a risk and an opportunity. Between 2015 and 2016, the crypto space will reach its historical peak, and it will be difficult to have such opportunities again.

Everyone, the knowledge points are being repeated, and this is also because Lao Cui is personally exploring new markets. Therefore, those on the original platform should be more understanding, and everyone is welcome to encounter Lao Cui on other platforms, leaving a little surprise. The first person on the new platform to find Lao Cui can be rewarded with the latest model of the iPhone, with any configuration. Regarding the recent decline, it will not interfere with Lao Cui's normal rhythm, and I hope it has not disturbed you. The market makers are currently in the stage of collecting chips, and it is highly likely that there will be another downward wave. You can focus on the on-chain data; whether it is Ethereum or SOL public chains, the data is continuously breaking new highs, especially SOL, which has already broken its historical high, and a rebound is always visible. The downward space will not be too large; you are currently in the bottom-fishing stage, not the short-selling stage, so do not get the direction wrong.

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