You can see that the development momentum of the entire blockchain industry is very fast. In less than 12 years since the emergence of Bitcoin in 2009, the application ecology has blossomed everywhere, the number of miners and participants is increasing, and the ecology on the chain is becoming more and more Rich.
From the 1st generation of Bitcoin to the 2nd generation of Ethereum to the current competition, we can see the shadow of the blockchain is constantly moving forward, and the development of the blockchain has continued to expand DeFi, NFT, DAO , DID and other concept applications have been accepted and recognized by more and more people, and even the corresponding regulatory policies have been introduced, which is a great benefit to the blockchain industry itself.
But up to now, most participants still regard it as a speculative game, and have no understanding of the concept of the blockchain itself. Many people even say that they have been in contact with the blockchain for several years, but in fact they are still stuck in speculation stage, and the blockchain technology itself is a new technology that decentralizes and solves problems through consensus. Digital currency does not represent everything. It is just an incentive layer and a means of rewarding those who make contributions.
Through the data of CoinMarketCap, we can see that there are more than 9,400 types of digital currencies, and this number is still increasing, but let us ask ourselves, do the world really need so many digital currencies? Can they really produce actual landing application value? This is a very critical issue, and it is also the core difficulty in breaking people's understanding of blockchain technology.
Although foreign VISA, PayPal, Master, Tesla and other traditional enterprises have joined the camp of blockchain technology, but at the same time, it also shows the uncertainty caused by immature supervision.
According to statistics, 14% (approximately 21.2 million people) of the population in the United States are investing in cryptocurrencies. These people include investors, developers, institutions and more roles, but what companies like Microsoft, Amazon, and Google need? Cryptocurrency or Technology? The answer is obvious. Cryptocurrency is just a form of incentive, and it cannot be used to see the actual application value, but now people who speculate in coins often ignore this point, especially in the bull market, Coinlist has become the most popular entrance , Countless people are scrambling for the public offering at the designated time, but they cannot accept the long lock-up period. This is a speculative mentality.
I think that technology is only a benchmark to evaluate the strength of a project, but most people do not understand technology, and some projects that have not issued coins or even have not issued coins cannot see the K-line, so they can only see its future trend from the application , Some well-known Token Funds are also evaluated in this way, because early investment is a bet, and it requires great patience to obtain benefits, so observing some innovative applications is the best evaluation standard today.
Although cryptocurrencies are now accepted by many people, they still face problems such as unclear supervision, excessive floating, and high operating thresholds. But I think what we have to solve in the end is to let more people understand the blockchain through digital currency, hold and experience its ecology for a long time, instead of speculating like it is now, and seek high-quality projects among them as an entry point for understanding. It can also create more landing applications and value through a medium, which is what ULink wants to do.
