Trump gives the highest prediction for Bitcoin so far: $167 million

Since the US unemployment rate data on Friday triggered Sam's Law, triggering recession concerns, everything fell, and BTC also took advantage of the situation to retreat to the first line of defense of 60,000 dollars.

A few days ago, a video clip of Trump's interview with Fox Business was posted online. In the interview, he told the interviewer that in the future we may be able to write a small Bitcoin check to repay the current US debt of 35 trillion US dollars!

It has to be said that Trump really dares to think and speak! Some netizens helped him do elementary school arithmetic: using the approximately 210,000 BTC currently held by the United States to repay the 35 trillion US dollar national debt, it means that the price of each BTC will reach 167 million US dollars!

167 million US dollars, which is more than 2,700 times and nearly 3,000 times of today's current price of 60,000 US dollars!

However, having said that, BTC has increased by tens of thousands of times in the past 15 years (10,000 times from 6 US dollars in 2011 to 60,000 US dollars in 2024). It is not too much to increase it by 3,000 times in the next 15 years? In the same period of time, the increase is only 30% of the same period of time in the past. It is reasonable, right? Hahaha~

As soon as Jiaolian wrote the words "hahaha", he thought of Harris. Harris is the female vice president who succeeded Biden to fight Trump. She was talked about by netizens for her sudden laughter in public.

Speaking of laughter, Jiaolian reminded me of a former colleague, a lovely European old man. In the quiet fairytale of Northern Europe, in a two-story office building, his hearty laughter in the first-floor office can be heard from far away on the second floor.

The interesting thing is, take a closer look at who posted this interview clip of Trump online? The account name is Kamala HQ. Hey, there is no coincidence. This is the official account (one of) Kamala Harris' campaign team. The account has a self-introduction on the top: This is the official rapid response page of Vice President Harris’ presidential campaign. (This is the official rapid response page of Vice President Harris’ presidential campaign.) Click it and you will find that most of them are short videos about Trump. Needless to say, they are all edited by the team, and they think they can reduce Trump's points.

It seems that the Harris campaign team is using Trump's talk of using BTC to repay US debt as evidence that Trump is "unreliable."

When it comes to new things, Trump, who should belong to the conservative right wing, has a wild imagination and single-handedly put BTC directly on the stage of the G20 national strategic reserve, while Harris, who should belong to the progressive left wing, is extremely sarcastic and disdainful of BTC, a new thing that seems to be somewhat "dangerous" and "subversive". BTC has really become a touchstone to test the quality of the two parties. And the two parties are really becoming more and more like their most hated opponents.

But looking at the history of human civilization development in just a few thousand years, which new thing that really greatly improved the level of human productivity and promoted the leapfrog progress of human civilization was not misunderstood and looked down upon at the beginning?

When the car was just born, people laughed at it for running much slower than a horse-drawn carriage.

When mobile phones were invented, people laughed at who would be crazy enough to carry such a big machine around just to talk to someone far away?

When the Internet first appeared, we can still see the video of Bill Gates being interviewed in the 1990s. When Bill Gates tried to explain that the Internet can be used to read news, listen to music, and chat, the host was puzzled and said that we already have radios, televisions, record players, and telephones.

Now, when the first truly decentralized electronic currency in human history, Bitcoin (BTC), appears, people are repeating the same cognitive pattern again - they can't see, understand, and look down on it.

BTC is both electronic gold and the dollar that eliminates the Federal Reserve.

If gold is like a particle and the US dollar is like a wave, then BTC is light, because it is both a particle and a wave, and has the dual nature of wave and particle.

The currency that humans pursue should have the dual nature of wave and particle like light: when it is used as a store of value (SoV), it reflects "particle nature" - a measure of value, at which time it is called money; when it is used as a medium of exchange (MoE), it reflects "volatility" - liquidity, at which time it is called currency.

Light is both a particle and a wave, and it is neither a particle nor a wave. BTC is like both gold and the US dollar, and it is neither like gold nor the US dollar.

Light is the space-time benchmark of the universe where humans live. Therefore, the speed of light c is constant in any reference system. This sounds a bit counterintuitive to ordinary people: you throw a small ball forward at an initial speed of 5 meters per second on a high-speed train at a speed of 300 kilometers per hour (about 83 meters per second), and the speed of the ball relative to the earth is 83 + 5 = 88 meters per second. However, if you replace the ball with a photon, hold up your phone and turn on the flash to shoot photons forward, the speed of the photon relative to the earth is still the speed of light c, and the speed of the high-speed train will not be added. Even if the high-speed train runs at half the speed of light, 0.5c, the forward speed of the light emitted by your phone flash, whether from your point of view on the high-speed train or from the point of view of the bystander on the earth, is the same speed of light c, not 1 + 0.5 = 1.5c.

If the speed of light does not change, then what changes? Einstein believed that as the speed of the high-speed train increases, it is the length that becomes shorter and the time that slows down. It is the space-time that changes, not the speed of light. This is the special theory of relativity.

That is to say, for the speed of light, there is always 1 c = 1 c.

BTC is the value benchmark of the civilized society where human beings live. Therefore, BTC as a value unit is constant in any legal currency reference system. What changes is the legal currency and the reference system, not BTC. No one has studied this theory carefully and formed a system. However, Jiaolian believes that due to the emergence of BTC and the era of encryption, the new monetary economics of the future will regard this theory as a cornerstone theory as great as the special theory of relativity in physics.

One ​​of the most important is that for the value of BTC, there is always 1 BTC = 1 BTC.

BTC, the light of value.