The virtual currency market, as a barometer of liquidity in the global financial markets, has experienced a sharp decline over the past six months.

Although Bitcoin has been mimicking gold over the years, claiming to be digital gold, every time it encounters such a crisis-driven fluctuation, Bitcoin follows risk asset logic rather than safe-haven asset logic.
In the past six months, Bitcoin has halved in value, while gold has surged.
This again demonstrates that the virtual currency market is a highly speculative casino and does not operate on safe-haven asset principles.
The impact of the AI technology revolution is just beginning to show.
The application of AI technology both online and offline will bring about the Fourth Industrial Revolution, significantly increasing productivity.
And a substantial increase in productivity will lead to changes in the relations of production.
In the AI era, there is a need for an economic model and currency issuance model that match it.
During the transition from the old order to the new, it may lead to a global economic crisis, manifested as high unemployment rates.
This is a risk I have warned about many times over the past two years.
Of course, crises contain opportunities within them.
As AI technology moves from the explosive growth phase to maturity, I believe there will be a completely new economic and monetary theory to address the issue of high unemployment. #我在Gate广场过新年