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The emergence of Bitcoin has shown us a brand new economic dimension. In this emerging world, Bitcoin has become the Benchmark for measuring everything.
Just as we once used gold as an economic standard, a future economic system based on Bitcoin may emerge. Although no country has officially adopted this model yet, we can start from an individual level and try to view economic phenomena from the perspective of Bitcoin.
If we take Bitcoin as the benchmark, the trends of traditional currencies like the US dollar will present a completely different picture. From this perspective, the US dollar has been continuously depreciating since 2010, falling from 2 billion Satoshis (1 Satoshi equals 0.00000001 Bitcoin) to the current 10,000 Satoshis, and it may further drop to even lower levels in the future.
Not just the US dollar, under the Bitcoin standard, the vast majority of assets exhibit a similar depreciation trend. It feels like we are sitting on a rapidly ascending rocket, watching everything on the ground gradually shrink until it disappears.
This shift in thinking will bring about many conceptual changes. For example, regularly purchasing Bitcoin is no longer seen as an investment, but rather more like a savings behavior. Holding fiat currency may instead be viewed as a risk.
Although this viewpoint may seem somewhat extreme, it indeed offers us a fresh perspective on the economy. As explorers in the financial world, we need to maintain an open mind and adapt to this potential massive transformation.
However, we should also be cautious about this viewpoint. Although Bitcoin has its unique advantages, as a relatively young asset, its value and stability still have many uncertainties. When making any financial decisions, we should consider all factors comprehensively and weigh the pros and cons.
Regardless, Bitcoin provides us with an opportunity to rethink the economy and value. It challenges our traditional perceptions of money and wealth, prompting us to view the financial world in a more open and innovative way.