Bitcoin ecology is the engine of the bull market!Can the market value of ordi and sats exceed 10 billion US dollars?Look at the bull and bear cycle of cryptocurrency from the perspective of minting rights and chip distribution.Cryptocurrency has been developing for 15 years, and the big bull cycle that really entered the public eye was 17 or 21 years. Discuss the changes in the bull market cycle from the bottom-level transfer of minting rights and changes in chip distribution methods.Bitcoin's POW (proof of work) is a model for fairly distributing tokens and is widely used!Ethereum has started the pre-mining mode. At the beginning of its release, I mined 60 million Ethereums and came out to conduct ido. At that time, these 60 million were sold for 18,000 Bitcoins, and 18,000 Bitcoins were used by the Ethereum Foundation for several months. Finally, it was almost sold out.After that, it started. The project team minted the coins at once, and distributed the new model of tokens sold to retail investors through ICO. At this time, the project team minted coins at almost zero cost, and retail investors spent money to buy coins. It was unfair and not open. opaque!Starting from 2017, ICO exploded, national regulation, and exchanges went global, until the next bull market, DeFi summer in 2020!The fundamental reason for the popularity of defi mining is that retail investors have obtained a certain amount of minting rights. They use Bitcoin/Ethereum/usdt to participate in defi pledge mining and share part of the minting rights of the project side!Until the brc20 inscription ecology in 2023, the inscription ordi/sats is typed out, and all users can mint inscriptions fairly and openly under an open rule. For the first time, they have obtained the right to mint coins under almost the same conditions as the project side. , which allowed retail investors to escape the fate of being manipulated by bookmakers for the first time. That’s why the inscription ecology is so popular!Because the inscription ecology is rich in rules of fairness, justice, and open minting rights, this native encryption spirit. It’s a renaissance movement in the currency world!Bitcoin is digital gold,ordi/sats are digital gold decorations/artworks, which broaden the circulation and use value of gold!The cycle of the crypto market is closely related to the release of minting rights. The last wave of the bull market was caused by the release of part of the minting rights by defi. The release of minting rights by Inscription is a preview of the bull market.
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