While walking around the square, I noticed many posts about the difficulty of withdrawing funds, most of which focused on the withdrawal difficulties faced in China. However, while hotly discussing this phenomenon, I found that everyone seemed to have fallen into a misunderstanding.
The original intention of cryptocurrency is to pursue security, fairness and freedom. With the continuous development of blockchain technology, this concept has become more and more prominent. Our crypto assets should be fully protected in the wallet without any external interference. The consensus of cryptocurrency is gradually increasing globally, and the passage and issuance of ETFs have further proved its status as a global currency.
However, we seem to have fallen into a misunderstanding: we are eager to convert global tokens into the legal currency of a certain country when we hold global tokens. This behavior of shifting from decentralization to centralization has put us at more risks. When we make money, it is of course necessary to improve our lives appropriately, but we should keep a low profile and be rational.
In terms of consumption, there are actually many ways to use cryptocurrency directly. Whether it is luxury cars or luxury goods, there are channels to accept cryptocurrency payments. Moreover, I believe that in the future, cryptocurrency will be able to directly purchase commodities and further integrate into our daily lives.
For those who are not in the currency circle, they may not fully believe in the value of cryptocurrency, but as a member of the currency circle, we should remain firm in our beliefs.
Finally, I would like to share a cryptocurrency I recently purchased - PHRYGES, the Olympic mascot on the SOL chain. The reason I chose it is mainly based on the strong trend of the SOL chain and the daily trading volume of some altcoins. This year, the SOL chain has performed well in the bull market and has become the market leader. In contrast, although Ethereum has many projects and constant hot spots, the capital inflow is not ideal, causing the price of Ethereum to always hover around $3,000. The logic of this capital allocation tells us that only when the price of Ethereum itself rises and attracts enough funds, the token projects on its chain are likely to receive more attention. Therefore, I chose PHRYGES on the SOL chain instead of rushing to invest in tokens on the Ethereum chain.
For more information about PHRYGES, I have shared it in the top link on the homepage. Interested friends can go and check it out.I won’t go into details here.
