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BTC eternal pump and cannot be attacked
Brother Diaoge proposed two important theories about BTC: 1. "Brother Diaoge's Cat" Law: Quantum attacks will inevitably occur but will inevitably fail. 2. "Achieving eternal wealth for future generations with 700,000 RMB": Let your wealth achieve eternal inheritance. 1. BTC: The most magnificent Consensus of humanity and the consciousness currency of top technology. Since the existence of human culture, a kind of "cosmic consciousness currency" that resists inflation, is decentralized, iterated by the community, and does not restrict the form of transmission and storage has appeared for the first time. 1.1 Resisting inflation: Why are you getting poorer despite making money? The total limit of BTC is 21 million, which means it will not be over-issued like Fiat Currency. The over-issuance of Fiat Currency dilutes your asset purchasing power, causing your social wealth ranking to decline. To illustrate, 10 years ago, you had 100,000 RMB, ranking in the top 20% of the national wealth list. Now, you have 300,000 RMB, but can only rank in the top 30%. This is the reality of "wealth killer" - inflation. Even if you can earn 200,000 in a month, save 2 million over 10 years without spending, with an 8% annual inflation rate, your assets will inevitably depreciate more than your income for a year, making you poorer while working. In contrast, BTC, due to its fixed total amount, has a long-term price negatively correlated with Fiat Currency inflation, so its purchasing power will only become stronger. Therefore, Fiat Currency players can over-issue as they please, while BTC players will rise regardless of the rise or fall, eternally rising! 1.2 Decentralization: BTC will always be your BTC. What is the most important attribute of currency? Equity Confirmation! No matter how much money you have, if it does not belong to you, what's the use? The US dollar is the most widely used currency globally, but look at what happened: During the Russia-Ukraine conflict, the US dollar assets of Russian tycoons were frozen or transferred. Governments can freeze or confiscate private property at any time. Sorry, this currency does not serve the people's interests at all! BTC, on the other hand, is different. If you have a BTC, even if Biden brings an aircraft carrier to find a Miner, he cannot freeze your assets. This is the ultimate form of currency - truly unassailable wealth Equity Confirmation! 1.3 Community iteration: Only what is in line with the community is the true BTC. BTC is not constant! Anyone can improve or fork the BTC code. As long as the community approves, the new version can become mainstream. BTC has undergone countless iterations, forks, and been forked. Today's BTC is no longer the original version, but every change comes from community Consensus. 1.4 No restriction on transmission and storage form: Unrestricted. The transmission and storage of BTC completely break through imaginable limits: You can transfer it through Bluetooth, NFC, the internet, or even by handwriting. You can complete BTC transfers by handwriting, as long as you have the Private Key. By calculating the encrypted signature of the Private Key, and then providing the signature information to the other party, they can complete the transfer by broadcasting the information containing your signature. Private Keys and seed phrases can be stored on mobile phones, computers, USB drives, paper, or even memorized directly. Therefore, BTC can be stored in any medium and transmitted in any form. 1.5 Consensus consciousness currency: BTC is what the Consensus consciousness currency form is. The current BTC might be called bitcoin321018, but it is currently the largest Consensus. In order to facilitate better trading and understanding, the Bitcoin name has been retained. Since its inception, BTC has undergone countless version iterations, forks, been forked, and the original BTC is long gone. The current Ethereum is actually a false fork. The current ETC is the original Ethereum, as the early Ethereum suffered massive theft by hackers. In order to reduce the impact on the community, the founder of Ethereum, Vitalik Buterin, chose to fork from the previous Block of the stolen Ethereum, and after the fork, the new Ethereum was renamed Ethereum, but many people in the community believe that this behavior is contrary to the spirit of the blockchain. When stolen, it should still follow the code is law, so there are still many community users who recognize the true Ethereum, and for the sake of avoiding confusion, the true Ethereum was renamed Ethereum Classic (ETC) by exchanges and the general Consensus. 1.6 Will BTC be attacked by quantum computing? - "Brother Diaoge's Cat" Law About whether Quantum Computing can break BTC, the answer is both yes and no! Why? Yes: Because with the development of technology, quantum technology will eventually develop to the extent that it can completely attack BTC, so the answer is "yes"! No: Because if you attack "BTC Classic", what does it have to do with my BTC? As long as it is widely attacked (or there is the potential for a widespread attack), the community will definitely not recognize it, and the Hacker's obtained assets, whether in Wallets or exchanges, or in the community Consensus, will all be displayed as BTC Classic. BTC will be updated to be resistant to quantum attacks, and the community Consensus will only recognize this version. There may be the possibility of quantum grandpa attacks in the future, and the final answer will be the same. This is the "Brother Diaoge's Cat" Law: Two contradictory answers are simultaneously correct! 1.7 Why will BTC become the consciousness currency of the universe? In the future, there may be more amazing technologies, more amazing mediums, and more amazing transmission methods. Ultimately, BTC is whatever amazing technology humanity has. When humanity evolves into something beyond humanity, it becomes the complete embodiment of humanity's amazing technology. BTC is the consciousness currency of humanity's complete embodiment of amazingness. When the relevant human species no longer exists, the new organisms will also inherit this consciousness currency. If you change BTC to have a large share and others have a small share, others will not acknowledge it. The version ultimately acknowledged will be the most fair and in line with the community of that organism. Earth no longer exists, but there are currently Mining Rigs on the moon, and I believe that there will be several Mining Rigs in the universe before humanity becomes extinct. 2. Wealth cannot last for three generations: The fundamental reason for the saying "wealth cannot last for three generations" is inflation and the inadequate ability of the heirs. According to IMF predictions, the global average annual inflation rate is 6%. Even if you have 100 million, without spending, your assets' actual purchasing power may shrink to 4.5 million RMB in 50 years! And how could you possibly not spend? 3. Achieving eternal wealth for future generations with 700,000 RMB: As long as you have 700,000 RMB, buy a BTC, and you can enable your descendants to achieve eternal wealth: • Keep 0.5 BTC for yourself and pass on 0.5 BTC to the next generation. • The next generation spends 0.25 BTC and passes on 0.25 BTC to the next next generation... and so on. How can you divide your own BTC to spend until death? I'll tell you after you think about it.