Tron founder Justin Sun: Stablecoins drive the value of Bitcoin to increase, and blockchain is like a museum attracting global attention

Justin Sun, the founder of TRON, also discussed the development, application, and long-term value of Bitcoin and blockchain technology at the conference. Sun stated that Bitcoin is like an "introductory course" for entering the cryptocurrency field, while blockchain technology is a "ever-changing museum" that attracts global attention. Sun first affirmed the core value of Bitcoin, mentioning that "Bitcoin is quite stable as a store of value, as its design is to provide a secure, decentralized, and politically neutral monetary system." However, he also pointed out that due to Bitcoin's design being too focused on stability, it is unable to innovate quickly. He gave the example that platforms like Ethereum and TRON can support smart contracts and other innovative applications, which Bitcoin cannot provide. He further said, "If you want to continuously develop DeFi or generate AI tokens and other technological innovations, you need to choose blockchains other than Bitcoin to do so." When discussing stablecoins like USDT, Sun said that these products have indeed promoted the widespread adoption of Bitcoin. He recalled that in the early days, stablecoins faced many technical bottlenecks when running on Bitcoin, so they turned to high-performance platforms like TRON, solving issues like slow transaction speeds and high fees. He directly stated, "Stablecoins have brought more capital into the Bitcoin market, indirectly increasing the value of Bitcoin." He believes that Bitcoin's ability to reach $100,000 per coin today is greatly attributed to the role of stablecoins. Sun also cleverly described Bitcoin and blockchain, stating that Bitcoin is like a mandatory "introductory course" for everyone entering this field, while other blockchains are a "ever-changing museum," where not only practical platforms exist, but also meme coins like "Banana NFT" that baffle people, reflecting the diversity of technology and communities. He added, "Whether it's Dogecoin, Shiba Inu, or the recently popular AI-generated tokens, each project has a group of users backing it, making the entire blockchain ecosystem more vibrant." Finally, Sun emphasized that Bitcoin and other blockchain technologies are not antagonistic, but can be complementary partners. He mentioned that TRON's cross-chain capabilities can wrap Bitcoin (WBTC) to allow Bitcoin to be used on other blockchain platforms, thereby increasing its liquidity and practicality. He concluded, "The development of blockchain not only drives the growth of Bitcoin's value, but also makes the entire industry more interesting and richer."