#FIL
The spot code was recommended on the 17th. The recommended entry price is 5.8. The current price is around 5.5. It has dropped five points. It is recommended to cover the spot position by ten points, which is at the position of 5.2. Of course, if you don’t want to take five points, you can stop the loss. If you don’t get on the offer, you can stop the loss. You can choose to buy some initial positions at the current price. The tokens are old, so make your own choice! I believe there will be a wave!

"Twitter (X) Future Development Plan and Outlook"

This article was first published at the end of October 2022
When Musk completed his acquisition of Twitter

Today Twitter (X) officially launches its payments system
and includes the #Doge access plan
It also verified some of my previous views

So sort out the previous threads
Edited into a long article and published again

You can like, forward, collect and read

1️⃣
Musk’s payments ambitions

First of all, Musk’s love and support for Dogecoin should be known to everyone. The crazy zoo market in the 2021 bull market is largely due to Musk’s constant waving and shouting. As for the acquisition of Twitter, in addition to being a "reform action" that is dissatisfied with the current overall public opinion situation in the West, it is more likely that it wants to use the world's most influential social media platform to realize its payment ambitions.

2️⃣
Paypal’s unfinished business

Musk's first venture was an electronic payment company - Paypal. Although he was later forced to sell his shares and leave to build electric cars and rockets due to control issues, I think he has always been interested in Internet-based products. The global cross-border payment platform has its own "obsession". The previous layout of Dogecoin Doge and the current acquisition of Twitter are most likely to achieve this goal.

3️⃣
Tribute to WeChat

We might as well review "WeChat Pay"'s overtaking of "Chinese version of Paypal" - that is, "Alipay". To a large extent, it relied on the concept of high-frequency social + financial payment. On that New Year's Eve night, we used the Spring Festival The red envelope completed the [Pearl Harbor attack] for another President Ma. And our "Iron Man" naturally knows this very well, and has expressed his praise for WeChat many times.

4️⃣
The current dilemma of the global payments system

However, as a global social platform, if it only uses the traditional U.S. dollar payment system to achieve its financialization goals, it will inevitably face high cross-border fees and cumbersome legal issues, and for some African countries with underdeveloped banking systems This will be even more difficult in certain regions, or in Eastern countries that impose capital controls. It is better to use the digital currency system native to the Internet to realize this vision.

5️⃣
Solve pain points

We are all used to communicating with another person somewhere in the world via the Internet without any time difference, whether it is through Twitter or Wechat. The development of IT technology has greatly improved the efficiency of information exchange, but what about value, or currency exchange? It seems that it is far from that convenient. I believe that anyone who has experience in overseas shopping, foreign trade, and overseas travel understands this feeling... And Doge based on the blockchain network is one of the best solutions currently.

6️⃣
Future application scenarios

As for some more forward-looking concepts, such as the metaverse, digital square, etc., they are a bit too far away, so I won’t go into details here. And if the Doge network is really connected to Twitter, it will be a great benefit to the fundamentals of Dogecoin, and will also mark Doge’s official break from the rising mode driven by speculative sentiment and its official transition to one supported by long-term demand. value-driven stage.

7️⃣
Current state of the crypto market

The current value model that forms long-term buying orders and drives up prices in the currency circle is mainly composed of three major types of currencies, namely Bitcoin, public chain coins, and trading platform coins. They respectively correspond to the value storage against the over-issuance of the US dollar, the value creation of digital asset issuance, and the value exchange of digital asset buying and selling. In other words, apart from these types, other assets are mostly driven by speculative sentiment and do not have long-term investment value for the time being.

8️⃣
Brand new narrative and imagination space

If Dogecoin is connected to Twitter this time, it may be the first step for cryptocurrency to realize its function as a trading medium as a true "currency" attribute, and at the same time form its own fourth type of long-term buying. The driven value model has accomplished what Bitcoin failed to do back then. In the near future, when transaction volume gradually expands, this will also provide a new possibility for global cross-border settlement that is different from the US dollar system.