<The Complaint of the One Who Can't Have Bitcoin>

<The Complaint of the One Who Can't Have Bitcoin>

To be honest, there is no Bitcoin 0.000001 Satoshi. Of course, there are no other cryptocurrencies. Bitcoin surpassed 10 million won a few years ago. I remember that the debate between cryptocurrency advocates and dancers did not go well with each other during the debate. Advocates argued that cryptocurrency is essential to further develop the latest technology called 'blockchain' to achieve the development of human civilization, and dancers argued that regardless of such technology, 'coin' itself is just an object of speculation and has nothing to do with creating added value by itself. In fact, if you look at this debate alone, I personally think that the latter logic is reasonable. This is because Bitcoin has not contributed much to the economy other than speculative utility while it has gone from 10 million won to 100 million won. The difference between casino coins and Bitcoin is that they are limited resources whose utility and value are recognized only within the physical space of 'casino', whereas Bitcoin has a larger open market that allows for global space and constant influx of consumers. On the other hand, the same thing is that both brokers (casino owners or coin exchanges) are full.

Even if the sun we see every day seems to be forever, it is said that the lights will go out in the next 5 billion years. In addition, it is said that after about a year, in this vast universe, only space itself with nothing, which cannot be found as matter, remains. Anything made by man is finite. A company called Geumgangjo, established by Baekje residents for the maintenance and repair of the Sacheonwangsa Temple in Japan, collapsed in the 21st century. Only a few of the top 100 companies that were listed on the Korean stock market in the 1970s still remain. Neither the pound nor the yen that had lost its power, and the dollar is not far away, so it is clear that it will follow a similar fate.

Bitcoin's fate is no different. The conclusion is already out. Bitcoin's final price will also be '0' won. This is 100% guaranteed. However, we don't know when that will be. It is not known whether it will be in 10 years, 100 years, or 1000 years, but in conclusion, it will become '0' won and disappear. Therefore, if you are interested in Bitcoin, only value predictions over a fixed period of time will be valid. If quantum computers develop and unlock the blockchain password in the near future, all of their value will disappear at once. On the other hand, some speculative capital, such as BlackRock, is now in a position to start speculating on Bitcoin, but if Wall Street, which has faced capital growth limits, enters the cryptocurrency speculation market altogether, it could reach $1 million, as MicroStrategy Chairman Michael Sailor said.

Bitcoin acts as a currency as a very, very partial function, but it is not the essence. It is just a coin for speculative purposes. Casino coins also act as currency for drinking beverages or purchasing goods in casinos. Bitcoin's practical utility is just that much. Even now, whether or not to engage in bitcoin speculation depends on the individual's speculative tendency, and if you always take a 'gambling' attitude, you will not be very wrong.
Whether it is stocks or coins, it is possible to analyze so accurately why they could rise and why they had to fall afterwards, but few people get it right in advance, unless it is an operational force. If you are interested in Bitcoin, which has recently exploded in price, I think it would be appropriate to approach it with the feeling of "gambling" rather than the concept of "investment".