$20,000 mark for the first time in its history , and continued to rise today, breaking through the integer mark of $24,000, hitting a new high. Bitcoin has been controversial since its inception. After the black 312, the mainstream society directly called scams. Amidst doubts, Bitcoin won a beautiful turnaround and broke everyone's expectations.
In recent public opinion, the traditional media has rarely been collectively commenting on the "Bitcoin New High" incident. Obviously, the mainstream society has realized that after the peak and rebirth in 2017 and 2018, Bitcoin has become more mature. Especially in the era of global water release , Bitcoin has gradually become a financial force that cannot be ignored in the future
Jeff Currie, head of commodity research at Goldman Sachs Group: "Bitcoin is a hedge against retail inflation. You look at gold, people like to say that Bitcoin stole the demand for gold."
Danger and opportunity
Since the beginning of this year, after the unanimous operations of central banks of various countries, the Fed has launched unlimited quantitative easing and entered a mode of large-scale debt purchase. The balance sheet has expanded by 65% in just a few months, reaching a maximum of 7.22 trillion in total. U.S. dollars, the base currency has emerged by 3 trillion dollars. Under the 2008 financial crisis, it only expanded from US$1 trillion to US$2.85 trillion at the end of 2012. This shows that the scale of this year’s water release is unprecedented. Fed Chairman Powell even declared: "We must support economic recovery at all costs."
Not only the United States, but Europe has also joined the large-scale water release camp since March this year. On March 12, it announced the expansion of 120 billion euros in quantitative easing. On March 18, it launched the 750 billion euros emergency debt purchase plan for the new crown epidemic. So far, the total assets of the European Central Bank have changed. The expansion of 4.67 trillion euros at the end of January to 6.44 trillion euros at the end of August.
So, we have a question, where will these huge amounts of money that appear out of thin air flow?
We usually think that the prices of physical goods and services will rise after the large-scale release, but in fact, inflation is largely manifested as an increase in asset prices. First of all, monetary policy releases water and liquidity, which provides financial institutions with a huge leverage space. This money will flow into the stock market and boost the price of financial funds. It should be understood that the wealthy people mainly hold financial assets, and the rich will get richer, and because more ordinary people do not have financial assets, the gap between the rich and the poor is further widened.
Therefore, in response to the advent of the era of large water release, only through the allocation of high-quality assets can we hedge the release of water and enjoy the wealth increase brought by the release of water. In the capital market, gold and U.S. stocks both hit record closing highs, and Bitcoin, as a digital gold, has become a new means of increasing the value of wealth under the situation of large amounts of water. It has become a favorite product of traditional institutions. Therefore, the market Expectations for Bitcoin to effectively combat dollar inflation have further strengthened.
Encrypted assets under the wealth transfer
Grayscale stated in the report " The Great Transfer of Wealth Promotes BTC to Become a Mainstream Investment Target" that survey data shows that the number of potential market investors in Bitcoin in 2019 is about 21 million, but in 2020 it has grown to 32 million. In 2019, 53% of investors said they were “familiar” with Bitcoin, but this has increased to 62% in 2020. More than 50% of the respondents predict that digital currency will become mainstream before 2030. In the next 25 years, 68 trillion US dollars of wealth will be transferred to the younger generation who tend to invest in digital currencies.
As we all know, Bitcoin is known as "digital gold", which is consistent with the finiteness and global consensus of gold. In terms of the current large-scale release, Bitcoin has undoubtedly become a high-quality asset with the best hedging ability, as a substitute for gold , Bitcoin is even better than gold.
The Nobel Prize in Economics Paul Krugman even issued a surprising argument: "Gold is dead...Bitcoin is more practical than gold, and it may be more valuable in the future."
At the same time, with the rise of Bitcoin, more over-the-counter capital flows in, which will open up a broader growth space for the entire blockchain market, which is to drive the capital rotation of the overall blockchain market. For us, Bitcoin attracts more funds, which in turn drives the market of other currencies.
Looking back on the recent market situation, Bitcoin as the blockchain leader took the lead in breaking new highs, and then funds entered the mainstream currency, which in turn drove the entire market. Due to the different growth space of different currencies, investors tend to allocate mainstream currencies and new currencies when risks are controllable after allocating Bitcoin. For example, the recent dark horse project GUSDT, after the full coin went online, rose from 1U to the current 8.8U, which has attracted the attention of the market.
The dark horse turned out—GUSDT
In the traditional VC field, ordinary people cannot get a piece of the pie. VC has gradually become the exclusive domain controlled by the rich. Due to the control of the rich, many start-ups will have difficulties in financing on the road, and countless future Ali and Google Lack of funds was killed in the cradle. The emergence of GUSDT will break the VC monopoly and change the rules of the game in the investment world.
The GUSDT platform provides effective solutions to the above problems. By using blockchain and encryption technology, GUSDT builds an open and transparent platform that breaks the traditional crowdfunding and fund management norms. Help start-ups to raise funds faster, easier, and more efficiently without having to pass through the numerous barriers of venture capital (VC) funds. For us, there are also opportunities to participate in investment with great potential. Even novice investors do not have to worry about the high barriers to entry and technology.
In investment transactions, ordinary people are completely crushed by institutional professional participants in terms of financial advantages, trading strategies, and risk control mechanisms. This is especially true in the crypto market. Ordinary people need to read white papers, research project logic, and team members’ research Can gain a foothold in the market, but one person obviously cannot accomplish this. The GUSDT platform undertakes all the heavy work for investors. GUSDT’s expert team can manage various investment portfolios for investors. At the same time, the GUSDT platform has Experts and techniques for risk management can provide investors with exclusive high-value returns.
In addition, a high-quality project must have reliable business scenarios, such as lending, exchanges, oracles, and other business scenarios that are really just needed. Only specific business scenarios are fundamental to the sustainable development of the project. So, what design plans does GUSDT have for just-needed business scenarios? And how big is the potential market space?
GUSDT digital asset trading platform: As of August 2020, the exchange market valuation has exceeded 350 billion US dollars.
International Online Banking: By 2024, the number of users of digital currency payment methods is expected to reach about 4 billion, which means that one in every two people on the planet will use digital payment methods.
Medical hemp agricultural technology: The total revenue of medical hemp in the medical market will reach 200 billion U.S. dollars, and the total revenue of the global hemp industry will reach 500 billion U.S. dollars.
Content delivery network and live broadcast services: According to the current CDN development situation, it is expected that China's CDN industry market will continue to maintain rapid growth in the next five years. It is estimated that by 2025, the market size of China's CDN industry will reach 95 billion yuan.
Decentralized Finance Protocol (DeFi): The current total market value of DeFi has reached US$20 billion.
In addition, the GUSDT plan also includes blockchain games, mineral exploration and mining. Next, GUSDT will strive to realize its ambitious vision, continue to provide users with a variety of guaranteed income, and jointly explore a decentralized economy. New territory.
are you ready?
In the era of global water release, institutions have deployed Bitcoin, and the mainstream society has shifted from rejection to embrace. Now people have increasingly realized that blockchain has great commercial value in the future. The traditional business model is completely transformed.
As the next generation of Internet technology, blockchain is currently one of the most investment-worthy tracks. After decades of development, blockchain has ushered in a bright moment. are you ready?
Note: The above is for reference only and does not constitute any investment advice. Investment is risky, so be careful when entering the market.