Recently, the price of bitcoin has reached new highs. As a new thing, it is concerned and sought after by many investors, and also attracts many gamblers to participate in speculation. In the face of ups and downs, the price changes of bitcoin make many onlookers dumbfounded, and also greatly strengthen the psychology of many participants. Everything has its advantages and disadvantages.

Today, I was shocked to see that the chairman of NBA kings club announced that he would pay players with bitcoin.

Using bitcoin as a payment tool is bad news for bitcoin investors. Because bitcoin exists as a commodity transaction, the Federal Reserve acquiesces. However, if bitcoin is used as a payment tool, it must be a challenge to the hegemony of the US dollar in another way. This is not only a breakthrough in the bottom line of the Federal Reserve, but also a challenge that the Federal Reserve considers unforgivable.

(2021-4-16)