"Asshole, the times have changed", the uprising of retail investors in the US stock market is the process of history |

The turbulent 2020 has just passed, and 2021 will use the most turbulent days in financial history to continue the theme of chaos and magic.

The first is the "currency circle" of US stocks. Against the background of economic stagnation and full release of water, the crazy and united retail investors formed a kind of fanatical MEME, which made the most mature American financial market go crazy. The stocks in several major stock markets in the United States are like Astro Boy and the monkey who wears the sky, leaving scratches that take off, echoing from east to west, jumping from south to north, soaring dozens of points one after another, triggering circuit breakers more than a dozen times a day , Many short-selling institutions suffered substantial losses and almost went bankrupt.

"Las Vegas online casino US stocks, all kinds of leverage tools are at your disposal"

At the same time, investors in the currency circle who were anxious in the volatile Mopan market looked confused. The currency circle, which has always been denounced as speculation or even a scam, seems to be a clear stream in comparison-"Who the hell is speculating?", "Bitcoin has become an outdated value investment."

The battle behind the circle of U.S. stocks is even more impressive, "My lord, the times have changed." The shocking headlines written by the media are not enough to describe the first time since the beginning of the world that ants have knocked down a tree:

The well-known short-selling agency Citron surrendered and left the market sadly...  

Point72 (hedge fund) 750 million US dollars, all with light...  

Citadel (hedge fund) $2 billion, wiped out...  

Melvin (a star hedge fund with hundreds of billions of assets) went bankrupt and was on the verge of bankruptcy

Retail leader turns $50,000 into 11 million

We have seen, perhaps also awakened the power of retail investors and the masses, and seen the power of community MEME and consensus. But this is not the end, not even victory.

It is impossible for us to win at once, because the opponent is very strong, because people have small thoughts, but we can definitely increase the lower limit of our courage little by little, becauseWhat has changed is not only our consciousness, but also the new game environment and game rules, which will help us.

but

butHuman selfishness is reliable, and using human selfishness to build and maintain bitcoin and blockchain may give us the fairness we want. Use the design with extremely high cost of evil and minimal income, and decentralized and enforced rules to achieve a better and fairer environment, higher efficiency, and better protection of private property. Decentralization is not an end, it is a means.

The skyrocketing Dogecoin is the rise of community power, and the DEX governance token, which has been performing strongly recently, is proof that the rules of the game and the game environment are changing.

Although there are many opinions that decentralization and decentralization are false propositions, and the Internet is also considered a decentralized technology, the result is more centralization. However, if we take a longer period of time, we will find that decentralization is a major trend. From slave society to feudal society, capitalism to socialism, power is becoming more and more decentralized and decentralized.

Of course, everything is still far away. Not only is the opponent strong, but the internal division will also be divided, or strange things will be mixed in。

We have seen that in the process of this retail uprising, some retail investors also quit halfway; there are countless frauds in the name of the blockchain, and people in the industry are lost halfway.

Although Sun Yuchen said that the 75% decrease in the largest TRX holding address last night was caused by the exchange switching wallets, his consistent style and the sharp rise and fall of TRX within 10 minutes last night, as well as the disguised retail movement community shouting TRX, all Explain that technology is neutral, and it needs to be used correctly by serious people to play its positive role.

The trend of history will always be thwarted by someone, but they will always be submerged. In "Let the Bullets Fly", Mr. Huang dominates the king, and in the end he will find no retribution. In history, Yuan Shikai was just a clown who stole the fruits of the 1911 Revolution.

The road is long, keep going.

A few other feelings:

1. Under the background of large-scale flooding, fundamental judgments such as stocks are invalid. Looking at a single event, the surge in U.S. stocks GME and Dogecoin is irrational

2. The fundamentals of releasing water to cause bubbles are still valid

3. The MEME culture in the community is the same, it can be very positive, but it can also be very dangerous

4. The blockchain uses human selfishness to maintain a fair environment, rather than being used as a tool by others. There is no problem living for yourself, but don’t harm others