On December 16, Bitcoin broke through $20,000 for the first time, and reached a peak of $22,148 today.

Turning on Weibo and other media, cheers can be heard everywhere, just like celebrating the New Year. It almost made me think that "people who speculate in coins have achieved financial freedom".

Freezing three feet is not a day's cold.

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Behind the P station, men, money, sex and gambling

Pornhub is owned by Canadian company Mindgeek, the porn industry trust that owns more than 100 sites, production companies and brands.

Statistics show that Station P has more than 10 million members and more than 3.5 billion visits per month, making it the tenth most visited website in the world.

This year, research by a digital marketing firm concluded that Poster is the third-largest tech company with the most social impact in the 21st century, after Facebook and Google and ahead of Microsoft, Apple and Amazon.

However, an article "Children Ruined by Station P" hammered station P.

According to the article, the P website is full of rape videos that use child rape, revenge porn, candid shots of women showering, racist and misogynistic content, and clips of women trapped in plastic bags and suffocating as a means of profit. Former Mindgeek employees also confirmed this, saying that "executives only care about how to maximize profits."

The huge amount of money that Platform Platform has made from the pain of its victims has caused an uproar, which has led to millions of people begging for the site to be shut down.

Perhaps out of humanitarian considerations, both MasterCard and Visa have announced that they will stop serving Station P, and people cannot pay with these two mainstream credit cards.

Station P has no choice but to switch to cryptocurrency payments.

Based on the 10 million members of Station P, even if only 20% of people open cryptocurrency accounts, there will be an increase of 2 million people around the world.

Unsurprisingly, Mindgeek's competitors, such as Xvideos, will also accept cryptocurrency payments one after another, which will further increase the influence of Bitcoin.

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Institutions and smart money

The entry of institutions into the market and the change of ideas of investment leaders are topics that have been repeatedly mentioned this year.

Take recent news as an example, including:

①One River Digital Asset Management, a hedge fund backed by billionaire hedge fund manager Alan Howard, has bought more than $600 million in Bitcoin and Ethereum, and has pledged to increase its holdings of BTC and ETH to about 100 million by early 2021. One hundred million U.S. dollars.

②Twitter CEO promotes his own CASH wallet and encourages users to hoard Bitcoin.

③ American Express invested in FalconX, an encrypted asset trading platform, whose monthly trading volume is about 3 billion U.S. dollars.

④Chicago Mercantile Exchange (CME.US) announced that it will launch Ethereum futures products in February 2021.

⑤ OSL, the largest digital asset platform in Asia, obtained the first digital asset license issued by the Hong Kong Securities Regulatory Commission.

⑥Singapore DBS Bank (DBS Bank) officially announced the launch of DBS Digital Exchange, a digital asset trading platform.

Hedge fund tycoon Paul Duzer Jones bought Bitcoin, and the news that Dalio changed his mind is even more commonplace.

In addition, the asset size of the digital currency asset management company Grayscale has increased from US$607 million in the fourth quarter of last year to US$13.1 billion, a 20-fold increase in a year, which is an intuitive reflection of institutions entering the market.

A partner at PwC said, “2020 was an incredible year as institutional players entered the crypto space. Not only did we see large institutions such as JPMorgan Chase and Standard Chartered continue to provide solutions for clients, from Citigroup to Deutsche Banks, many institutions have even started underwriting this asset class on a regular basis.”

Expect this trend to accelerate in 2021 as many banks begin to disclose their plans for crypto assets.

3、$500,000, super crazy imagination

A veteran in the currency circle once imagined such a scenario many years ago, "As long as the world's rich allocate 1% of their assets to cryptocurrencies, it will not be difficult for Bitcoin to break through $10,000."

In fact, it has been many years since Bitcoin broke through $10,000.

Last month, Ricardo Salinas Pliego, a wealthy Mexican businessman with a net worth of approximately $13.2 billion, stated on a post that “Bitcoin can protect citizens’ property from government confiscation and has invested 10% of their liquid assets in Bitcoin.”

Today, Bitcoin even broke through the $22,000 mark. What can we see in the market outlook?

"Bitcoin Runs Streaking Less Than $300,000" mentioned that you can't imagine the big bull market of Bitcoin. Pan Zhibiao, the founder of Biyin, predicts that "this wave of bull market is conservatively estimated at $200,000, and if it is crazy, it will reach $500,000."

Scott Minerd, chief investment officer of Guggenheim, whose asset management scale is close to 300 billion U.S. dollars, said in an interview with the media on Wednesday that the scarcity of Bitcoin combined with the Fed's "large amount of money printing" means that Bitcoin will eventually climb to about 400,000. Dollar.

Sun Jieshi, the most powerful post-90s leek harvester in history and a hype expert, predicts that Bitcoin will rise to $100,000 around the end of 2021.

On Weibo and various communities, the atmosphere of optimism is also extremely strong.

In this case, the sentence that participants were most happy to hear was:

if you don't believe it,

I don't have time to convince you.