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![]() Click the blue words "Daily See" to follow us! Dogecoin has gone crazy lately! ![]() What is Dogecoin? It is a kind of virtual currency. The most famous virtual currency is Bitcoin, and Dogecoin is a similar derivative. ![]() To explain it more thoroughly, Ponzi schemes never go out of style. Basically all current unofficial virtual currencies (digital currencies) are fund scams, because virtual currencies are not an economic issue at all. Financial reports, technical prospect analysis, etc. are all nonsense. The basis of money is always politics. The U.S. dollar is just a piece of waste paper, but the U.S. Navy has bases all over the world, the U.S. has the largest number of aircraft carriers in the world, and all navies from all over the world may not be able to defeat the U.S. military. This is the basis of the U.S. dollar. What is the technical content of the US dollar? That all depends on the range, accuracy, and lethality of American missiles. When the Americans bring their aircraft carrier to their doorstep, the U.S. dollar will become worthless as waste paper. 1. Why is virtual currency a scam? After the advent of the Internet wave, the idea of currency Internetization began to emerge. Eventually, blockchain technology was born, and the earliest Bitcoin was invented. You don’t need to understand what blockchain is. Anyway, the technical problems of virtual currency were solved, and then Bitcoin started to rise, and later various virtual currencies were released. The earliest technicians who were enthusiastic about virtual currencies mainly had a dream, that is, sovereign governments around the world can always take away their own wealth through monetary policy and conduct secondary distribution. These people believe that their wealth has been stolen by the government, and they hope for an anarchic monetary freedom. Finally, blockchain technology was invented that can completely separate government transactions. Then what? Then there was no plot of Long Aotian's novel in which the mainstream currency was subverted. The three-year period has arrived, and my virtual currency is now the king of return... Instead, it gradually turned purely into a capital market game. By promoting the prospects of a certain currency, and then letting a large number of leeks enter the market, the value of the currency began to skyrocket. After the skyrocketing, more leeks could no longer sit still, and the currency began to skyrocket again, until in the end no one was willing to take over. Why haven’t virtual currencies replaced mainstream currencies? The reason is what I said before, there is no gun barrel. Suppose that your Dogecoin is technically more convenient to use than the U.S. dollar. Then Dogecoin becomes popular in a region and the U.S. dollar is relegated to the shadows. What will happen? The US military will go directly to your presidential palace, put a knife to your neck, and ask you whether our US dollars or your Dogecoins are better? You can say no and then you’re gone. In the final analysis, the original intention of virtual currency is naive. Even if the technology of virtual currency is valuable, it must be launched by the government of a sovereign country. Private launch is meaningless. 2. There is no right to leave money in the world. The biggest naivety of virtual currencies headed by Bitcoin is their original intention. He is trying to get rid of the shackles of rights on private capital and pursue absolute freedom. ![]() But this does not conform to the law of wealth. What is the law of wealth? That is, money must be inseparable from power. This does not mean advocating corruption. It would be wrong to understand it this way. It means: Money bag is inseparable from gun barrel. In the game between countries, it is a country's military strength that determines the ceiling of its trade status. If there is no absolute sovereignty, there will naturally be no room for greater growth. After growth reaches a certain level, it will become cold. Japan is a typical example. When a man of money begins to try to break away from his rights and the division of responsibilities that society assigns to him, that is when he is getting closer and closer to self-destruction. After all, there is no era of..., only the era of... Those who first started playing with virtual currencies only saw the issuance of currencies by sovereign governments, but they did not see the maintenance of world order by these governments, and personal wealth itself was also a beneficiary of these orders. ![]() If there really is a group of people whose wealth is completely independent of the influence of a sovereign government, then this kind of world must be very scary. Because there are a small number of people who can completely escape from the government's secondary distribution, their wealth will inevitably accumulate more and more, and the gap between the rich and poor around the world will become wider and wider, eventually leading to wars and riots, because making money is meaningless, and those who have accumulated wealth with first-mover advantages are too strong. If making money is a rule of the game. When a person can eat enough within a game rule, it is a benign game rule. When a person can at most not starve to death within one game rule, this is a bad game rule. When a person can't eat at most within one game rule, the game rule becomes obsolete, and the old game rule will face the risk of ruining the game. The new rules of the game will become very barbaric, and the poor may rob people directly when they see them. This is why common prosperity is important, and the country must carry out targeted poverty alleviation. ![]() An excellent country will always take into account all strata of social development. Through the secondary distribution of wealth, the rich will subsidize the poor, and ultimately the society will reach a balanced state. The original intention of virtual currency is: to escape from this secondary distribution and imagine a purely private space where wealth can be stored and no one can take it away. If this model really exists and is absolutely safe. The whole world will be filled with Zhao Weis and Shuangzi sisters. These people can earn two million a day. If the country cannot carry out secondary distribution, these people will form an absolute monopoly of first-mover capital advantages. ![]() In the end, competition in the market economy will be eliminated, because only big capital wins. If only big capital wins in the market, people will no longer be thinking about how to make money, but how to steal money. This is why poverty breeds crime. And a chaotic world filled with criminals is definitely not a good place. And if the Spring and Autumn and Warring States-style chaos really comes, it will be even more naked. Whoever has the gun has the final say. In the end, money can only be attached to these guns. In fact, money is like this. Money is very sensitive to security, but money itself does not create security, so money is always inseparable from the management (restraint) of rights. In this management, money is not an absolute loser, but an interdependent relationship. The sovereign government provides security for money, and security itself is a service, and it is very expensive. The responsibility that money needs to bear is: there are no free services in the world, you have to give back to the bottom, you cannot evade taxes, and you cannot refuse the country's secondary distribution plan. ![]() The secondary distribution of rights is like a belt. The virtual currency wants to break free of the belt, but when he really succeeds in breaking free of the belt, the pants fall off, and he becomes a naked lunatic, and he can only be sent to a mental hospital in the end. Fortunately, Bitcoin will never succeed and is just a Ponzi scheme. I also don’t want to live in a world where the rights of capital are absolutely sacrosanct. There are no rights of capital in the world that are sacrosanct. What is truly sacrosanct? There are only human rights. Earning two million a day and being suspected of tax evasion is evil, and if this kind of evil is supported by mature technology, it is naked technological evil, and it is an evil technology that we need to oppose. Does anyone want to use virtual currency to escape the control of sovereign governments? So, dogecoins, how many aircraft carriers do you have? Are you personally bulletproof? ![]() ![]() |