Why do I recommend every brother to hold gold and BTC for the long term. Because the current world situation is so severe. The two core reasons for the global economic crisis are: 1、 The development of technology has stagnated. 2、 There are too few world wars. Ultimately, it is a problem with the wealth distribution system. I'm not talking about our country, I'm talking about the world. The main problem now is that the wealth gap around the world has exploded, and it is no longer within the scope of an economic crisis that can be alleviated, let alone solved by the collapse of a few countries. In the past, solving similar problems relied on technological development, known as making the cake bigger. The second is through full-scale war, known as redistribution. In the past few decades, due to the atomic bomb, large-scale wars have been unable to be carried out, and both sides have suppressed several crises. If we were to switch to an era without atomic bombs, corpses would have been scattered everywhere. So the historically effective 'redistribution' did not work. Fortunately, technology has been developing and the cake has been getting bigger. Although ordinary people are poorer than the rich, their income is growing, so they have money to consume. If you have money to consume, the market can produce, and there can be a virtuous cycle. Many problems can be postponed. I believe in the wisdom of future generations. But as I dragged along, I suddenly realized that the loop had broken. Just one reason: The development of technology has stagnated, the cake has stopped growing, and people around the world have no money to spend. Is there any revolutionary difference between the 16th generation of Apple phones and the iPhone 5s from ten years ago? The Internet is the latest scientific and technological revolution, which has been going on for decades. Compared with QQ 20 years ago, QQ, which appeared in the past, has more charging items. Is there any technological "revolution"? AI has been hyped up for over two years, from its initial frenzy to its current calmness. Apart from being a useful search summary tool and potentially causing massive unemployment, can AI currently be called a technological revolution? No, there is no revolutionary technological development in any industry, and the great development of technology has stagnated. The cake stops expanding, and the income growth of ordinary people cannot keep up with the speed of wealth dilution. It has changed from 2% of people controlling 80% of wealth to 1% controlling 120% of wealth, and 99% of people owe money and cannot repay it. What should we do then? Even if we want to borrow money for consumption, we can't get it, so we have to not spend. This is the deep reason for the decline of many Internet enterprises. The consumption level is decreasing, and the profits of advertisers are declining. They need to place advertisements more accurately. In the past six months, it was acceptable to recoup costs, and even brand advertisements that were purely loss making were casually placed. Now it's not possible. We have to recoup costs in a month, and we must see the cash, otherwise we are unwilling to invest in advertisements. Capital is the same. In the past, it was acceptable for companies to burn money for ten years without any harm, because there were expectations and they could earn it back. How is it possible now? The future is so bleak, and only those who earn back have ghosts. You still want to develop at a loss and burn money to expand. It's so beautiful to you. The good days of Internet enterprises and free spending have come to an end. This is not only a problem for Internet enterprises, but also a problem for all industries. Consumers are out of money, who do you sell your products, whether physical or virtual, to? A hundred years ago, it wasn't a problem, just going to war was enough. Eliminate excess population, redistribute wealth, and start the cycle again. The so-called dynastic cycle rate. How should we fight now? Local wars cannot solve problems, risking nuclear war to wage a full-scale war? When it comes to fighting, the cannon fodder in front hasn't died yet, but the masters in the rear have all been neutralized? Which master wants to fight like this? This is a situation that has never occurred in history, and humanity has not yet had the experience to deal with it. I don't know how to ultimately solve it. But there will definitely be corpses scattered everywhere. =================== Considering that some people have privately mentioned that there are not enough details, I would like to add some: The stagnation of technological development is relative to the speed at which the wealth gap is widening. Technological development, wealth gap, and war reshuffling are three dynamic balancing factors. Because the issue of wealth gap has been a problem that has plagued humanity for thousands of years, humans have spontaneously learned to use war to solve this problem. In fact, the era of peaceful coexistence among major countries in the world, which lasted for over 80 years after World War II and may now take up to 100 years, is unique. You told people from 100 years ago that major European countries such as England, France, Germany, Italy, and Russia could coexist peacefully for 100 years without going to war, and France even formed an alliance with Germany... They could laugh their teeth off. Europe has been at the forefront of the world for the past few hundred years precisely because Europe has been killing each other, forming deep blood feuds, and killing each other's brains. In order to win, they have been desperately developing new technologies and reforming new systems, just hoping to overwhelm the enemy on the battlefield. War greatly catalyzed the development of technology, which expanded the wealth of the entire society. More wealth led to a greater wealth gap, which in turn led to more wars Understood, humans have always been developing technology, but the speed of technological advancement can never catch up with the speed of wealth growth. At this point, war is needed to solve the problem. So in the past 100 years, it has been the fastest 100 years of human technological development, as well as the fastest 100 years of widening the gap between the rich and the poor. No matter how wealthy the ancient tycoons were, they were limited to technology and could only plunder one country, becoming wealthy within one country. With the support of technology and the assistance of modern financial systems, modern billionaires can plunder the world, suck blood from the world, and become wealthy on a global scale. For example, lending money. In ancient times, landlords only lent money throughout the city, while in modern times, landlords could lend money globally. The speed of wealth accumulation has increased exponentially. There are now trillions of billionaires, and there are not just one or two who are truly as wealthy as the enemy. The "terminator" written in Liu Cixin's science fiction novels, although it is a science fiction novel, the principle is the same. When one or even a group of people's wealth reaches a certain scale, the snowball will roll faster and faster Faster than the speed of technological development. At this point, only violence can be used to stop the snowball from rolling. The ultimate violence is war. And this braking function has been malfunctioning in recent decades. Causing the snowball to roll bigger and bigger, to the point where it engulfs everyone. How will it ultimately be resolved? Can it be discovered by the conscience of certain groups? So I said that in the end, there will be corpses everywhere. ==================== By the way, let's talk about the United States. If technology continues to develop, there's no problem. The United States can maintain its technological leadership for a long time, and other countries won't be able to catch up for hundreds of years. The problem with the United States is that it has reached its peak and cannot develop new things. We have always said that China is a crusher for developed countries. Have you ever thought about it? Why can China catch up with the gap of a hundred years? How many times the intelligence of Chinese people is that of foreigners? Ultimately, the United States has no way out and can only wait for us to catch up. It's like a long-distance race, the United States has already run 800 meters, and we're just starting. But the United States ran 1000 meters and found a high wall. He tried to jump, but it was not high enough to pass through. Trying to drill a hole again, it's too hard to penetrate. As soon as I turned around, China caught up to 500 meters. The United States panicked, with fire and water flooding, and the walls getting a little dark and not moving. As soon as I turned around, China ran 800 meters. The United States gritted its teeth, Ma De, I can't do anything about the walls, can't I do anything about you, China! The United States turned around and rushed towards China with a stick. As long as they bent China's legs, no one would chase after them! This is the current situation. Because the current global situation is so severe, we must hold more gold/BTC for the long term. In such chaotic times, asset preservation is more urgent than appreciation. Gold is a millennium hard currency with anti inflation and safe haven properties engraved in its genes, which can hedge against the risk of excessive issuance of fiat currencies and geopolitical conflicts; BTC is the "alternative gold" of the digital age, with decentralized features that avoid single sovereign risks. The key to holding the combination of the two lies in the "long term" - there is no need to worry about short-term fluctuations, the focus is on building a safety cushion for the uncertain future and preventing assets from being swallowed up by systemic risks. Encouragement together!