Let web3 happen on the Bitcoin chain, and let various funds on Ethereum run on the Bitcoin chain. Now is different from 2017. Many people who hold Bitcoin now believe that Bitcoin should develop on-chain applications. They also believe that Bitcoin should be expanded.

Many idiots have a misunderstanding that whether a coin can rise or not depends on hype and calling on everyone to buy it together. However, they do not know that the coins in the cryptocurrency circle are highly manipulated. The pricing power is not in the hands of numerous retail investors, but in the hands of the main players, the dealers. When KOLs are crazy about hyping, it is the time when the main players use the emotions of retail investors to sell. Therefore, the price will fall if they hype. People who hype usually do stupid things, which not only hurt others but also hurt themselves.

If Web3 is "pseudo decentralized" but packaged for legalization, what consequences will it bring? Many people have not yet realized that if the so-called Web3 is actually a centralized financial system disguised as "decentralization", and this system is selectively legalized by US regulation; • Obtain support from the US stock market and layout on Wall Street; Some listed companies have even started to allocate what we both know as "air coins" and "leek harvesting coins"; So this game may be far more profound than you imagine. ⸻ 🧠 1. The betrayal of technological ideals. If Web3 is essentially centralized, the result is: • The protocol is controlled by a few funds/giants; Key infrastructure such as nodes, oracle machines, and cross chain bridges are operated by oligopolies; High concentration of investment allocation, governance power, and resource pricing power; All 'user autonomy' has become a packaging language, and the real control is opaque. 📌 This is not decentralization, but 'secondary centralization+legal facade'. ⸻ 💼 2. The financial illusion under policy collusion when the United States selectively "complies" with certain Web3 projects: • Compliance legitimizes centralized platforms (such as Basechains, stablecoins, and certain wallets); Packaging the entire ecosystem as a 'new generation of financial technology'; Cooperate with ETFs and listed companies to invest and speculate, forming a "legal belief harvesting loop". 📌 Essentially, it is a new type of financial shuffle, which, under the banner of technological idealism, packs the trust of retail investors, the aura of media and the moat of policies into a new asset foam. ⸻ 📉 3. Market risk transmission: Who will take the last baton? The entire Web3 asset may just be a "new shell of financial games", with project parties/institutions cashing out in advance and retail investors repeatedly accepting offers; The allocation of these tokens by US stock companies will directly inject cryptocurrency risks into the global capital market; • Once the foam bursts, ETF、 Mutual funds and pensions may both be affected; The public has lost faith in decentralization, and technological innovation has fallen into a cold winter. 📌 Unlike the 2008 subprime mortgage, this round of risks is packaged in "legal disclosure" and "social collusion", making it more difficult to identify. ⸻ 🌐 4. Geofinancial Strategy: Web3 as a tool for expanding the US dollar • Stablecoins and compliance chains become the new global payment network for the US dollar; The Web3 infrastructure supported by policies extends the financial soft power of the United States; Developers, users, and assets around the world are "decentralized" under American rules. 📌 What is truly achieved is not 'technological empowerment', but 'the colonial expansion of digital dollars'. ⸻ 🧭 At the summary level, the concept of technological decentralization has been hollowed out, technological innovation has been alienated into the packaging tool market, and retail and individual investors have been repeatedly harvested. Investment beliefs have gradually collapsed, and policy compliance logic has been monopolized and utilized. The space for fair competition has further shrunk, and the global dollar has borrowed the "Web3" shell to reshape its global financial hegemony logic. This is an experiment of power and capital working together to manipulate beliefs. What we really need to be wary of is not 'which currency has fallen', but which power has redefined our understanding of 'freedom, openness, and decentralization' with the help of Web3.

Over the years, not many people can make money on Dogecoin, because it is suitable for professional traders to arbitrage, but not for long-term holders. Dogecoin is a highly manipulated target. Compared with Bitcoin, it allows a group of people to make money from the trend, but Dogecoin is difficult. There are too many retail investors, and the cognition is too low, so it is easy to be manipulated. The initial surge in Dogecoin was also based on the premise that most people got off the bus, and some holders were holding on to the roller coaster without selling. This wealth exposure is difficult to grasp. The behavior of retail investors is calculated. If you buy, it will either fall or go on a roller coaster. It is completely a joke. Bitcoin makes money from trends, but Dogecoin cannot make money from trends. The last time Bitcoin reached 100,000, it only fell back to 70,000, while Dogecoin reached 0.48, but it fell back to 0.13. Such a bottomless decline, without resistance, also shows the fragility and garbage of Dogecoin, which has been played by the main force. It also shows that Dogecoin itself is not healthy, and the speculative demand of holders accounts for too much