Ethereum founder Vitalik Buterin tweeted that the adoption rate of cryptocurrencies is high, but the adoption rate of stablecoins is also high. Many companies operate in USDT.
Of course, if the dollar itself starts to have more problems, this may change. Because of the switch to PoS, we are now more pessimistic about stablecoins. If we want stablecoins to remain robust during the collapse of the U.S. dollar, more active governance is needed.
Bitcoin’s decentralization will allow it to survive in a super hostile regulatory environment, but it cannot prosper. A successful anti-censorship strategy requires a combination of technical robustness and public legitimacy. The cost of each transaction on the Internet of Money should not exceed 5 cents, which is the reason for spending a lot of time researching scalability.
At present, the chain is more general; the application is more complex, so the risk of bridging is greater; experiments can be performed on L2. But even so, V God believes that there are some things that cannot be done in L2, and there is room for development in different L1s. In the past, V God was particularly optimistic about BCH, because it agreed with the big block argument in the expansion war. Now V God believes that BCH is generally a failure: the communities formed around the rebellion, even if they have a good reason, are often difficult to survive for a long time, because they value bravery rather than ability, and are united in resistance rather than unanimous advancement. On the road.