Bitcoin Trading Diary 20240110 - Bitcoin etf Approval Countdown

 I think it can be said to be the biggest event in Bitcoin's history. 


Nakashi Sakamoto, who doesn't know who it is in the dark, published a paper,


Anyone can start mining a blockchain that actually works. 


And a small number of people who started to notice the value of its use began to gather. 


Do you survive through this or that kind of ups and downs? Or do you disappear? 


You get asked that question countless times. 


Eventually, they started to be oppressed by the state level, 


It is on the verge of being recognized as an official product by the U.S. government, which holds the hegemony of the present era. 


I don't know how much the price will rise with the passage of the Bitcoin spot ETF. 


But just as much as when bitcoin first started to go from zero won to price,


And as much as when you trade pizza in bitcoin and you actually trade it,


I think this is an important moment. 


After that, the price of Bitcoin may fall a lot. 


The ETF's approval now does not guarantee Bitcoin's rosy future. 


But it's no longer a shadow, but a product that's traded in the sun


regardless of the fluctuations in value 


It will no longer be asked whether it exists or not. 




During the last coin fire, there were many projects for actual use of layer 2 and 3 coins based on Ethereum. 


During this fire, there will be many Layer 2 coins and live-action cases that work on top of Bitcoin. 


If the pattern of fire is maintained every four years of the half-life,


And if you look at those four years as a cycle 


After 2 or 3 cycles, most coins 


Bitcoin and Ethereum, Solana, BNB and a few surviving coins can be switched to Layer 2. 


Coins that fail to maintain their own survival name 


Even if it actually works and is useful, 


I think you'll be boarding in layers on top of some key coins. 


That's good for their stability, 


This is because it is good to create a bridge with other coins to expand its usability widely. 


And above all, I think users within their ecosystem will want it. 


Like the dark web, which is an area that we can't reach through search


The Internet, where we used to exchange information without any blockchain, became like the dark web


In most of our lives, the things that we send and receive information through apps and the web 


It will move on a blockchain-based basis. 


For security, and from the perspective of a service provider


And from the perspective of customers who use the service 


You will understand that it is much better to use blockchain to build an ecosystem. 


It might not take that long. 


I think that such a situation can be reached within about 20 years. 


I think today will be remembered as a day when there was an interesting event.




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