Bitcoin trading at such a high is a way to harm others for financial gain.
It's simple, how many families in China can take out 100,000 USD in cash equivalent to RMB? How many families in the United States can take out 100,000 USD in cash?
I asked ChatGPT.
In China, the proportion of families that can take out about 100,000 USD (approximately 700,000 RMB) in cash at once is very small, about less than 5%. Due to factors such as high mortgage rates and rising living costs, many families face significant pressure in savings.
In the United States, about 20% of families can access 100,000 USD in cash or equivalent assets, primarily due to higher income and mature saving habits.
Basic economic theory states that one person's income is another person's expenditure; money does not just appear out of thin air. With such a high market value and price, a large number of ordinary people must be buying in.
In other words, one BTC can drain a middle-class family. How many people come into this market with money, and how much do you take out? The money that goes from the table to your bank is your money; what’s on the table is just chips.
Some people always talk about inflation; an inflation rate of 2% a year won't bankrupt you, but buying high on Bitcoin might.
Gold is inherently currency; some people through public opinion make you believe Bitcoin is currency, but other countries do not buy this. The German government cashed out at a high level and left. Aside from a few small countries whose GDP can't match that of a small county in China, which serious country's central bank buys in at any cost?
ETH's performance in this round is also disappointing.
#加密市场回调 #美国CPI数据即将公布 $BTC
$ETH
$BNB
It's simple, how many families in China can take out 100,000 USD in cash equivalent to RMB? How many families in the United States can take out 100,000 USD in cash?
I asked ChatGPT.
In China, the proportion of families that can take out about 100,000 USD (approximately 700,000 RMB) in cash at once is very small, about less than 5%. Due to factors such as high mortgage rates and rising living costs, many families face significant pressure in savings.
In the United States, about 20% of families can access 100,000 USD in cash or equivalent assets, primarily due to higher income and mature saving habits.
Basic economic theory states that one person's income is another person's expenditure; money does not just appear out of thin air. With such a high market value and price, a large number of ordinary people must be buying in.
In other words, one BTC can drain a middle-class family. How many people come into this market with money, and how much do you take out? The money that goes from the table to your bank is your money; what’s on the table is just chips.
Some people always talk about inflation; an inflation rate of 2% a year won't bankrupt you, but buying high on Bitcoin might.
Gold is inherently currency; some people through public opinion make you believe Bitcoin is currency, but other countries do not buy this. The German government cashed out at a high level and left. Aside from a few small countries whose GDP can't match that of a small county in China, which serious country's central bank buys in at any cost?
ETH's performance in this round is also disappointing.
#加密市场回调 #美国CPI数据即将公布 $BTC
$ETH
$BNB