有时候最聪明的比特币唱空者往往就是最有力的证明。
戴夫·科勒姆早在 2002 年就预测了 2008 年的金融危机。
最近，他在接受塔克·卡尔森的采访时，谈到了自己为什么坚信比特币最终会失败。
但他给出的理由反而印证了比特币存在的意义：🧵

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Sometimes the smartest Bitcoin bears are the most powerful proof.
Dave Collum predicted the 2008 financial crisis as early as 2002.
In a recent interview with Tucker Carlson, he discussed his conviction that Bitcoin will ultimately fail.
But the reason he gave actually reinforces Bitcoin's purpose: 🧵

In the crypto world, what truly determines victory is never code, but the interplay between liquidity, power, and regulation. The rise and fall of BUSD is not merely a tragic tale of a stablecoin, but a financial war waged by exchanges attempting to "unify the world."

When BUSD was thrust onto the historical stage, it carried not only a compliance narrative, but also Binance's ambition to reshape the stablecoin order through coercive measures—by manipulating exchange rates and merging trading pairs, directly swallowing competitors' liquidity into its own ledger.

The "automatic conversion" of 2022 was a textbook example of a blitzkrieg; and 2023...

The Rise and Fall of Binance's Dominance: From BUSD's "Unification" to $U's "Conquering the World"—The Stablecoin Wars

Source: Galaxy Research; Translation: Jinse Finance xz
Bitcoin's closing price in 2025 is expected to be roughly the same as the level at the beginning of the year.
The cryptocurrency market experienced a genuine bullish wave in the first ten months of this year. Regulatory reforms continued to advance, ETFs continued to attract funds, and on-chain activity became increasingly active. Bitcoin hit an all-time high of $126,080 on October 6th.
However, the market failed to deliver the expected breakthrough after the initial frenzy; instead, it experienced rotation, repricing, and rebalancing. This was driven by factors such as unmet macroeconomic expectations, a shift in investment narratives, leveraged margin calls, and massive...

Galaxy: 26 Predictions for the Crypto Market in 2026

Original article | Odaily Odaily(@OdailyChina)
Author | Asher (@Asher_0210)
On December 17, dingaling, the founder of the prediction market platform predict.fun, announced on the X platform that the platform has been officially launched and airdropped initial points to Meme traders on BNB Chain, Aster participants, and active users of various prediction markets.
Compared to traditional market forecasting firms like Polymarket and Kalshi...

A step-by-step guide to participating in the CZ-supported event predict.fun

讽刺的是，这位化学教授不相信那些自己无法控制的复杂系统。
但化学本身就说明：
简单且稳定的规则可以孕育出复杂的自然体系。
比特币，就像是一种数字化的化学。
他提的每一个反对理由，其实都反向强化了比特币的价值：

Ironically, this chemistry professor distrusts complex systems beyond his control.
But chemistry itself demonstrates that simple, stable rules can give rise to complex natural systems.
Bitcoin is like a form of digital chemistry.
Every objection he raises actually reinforces Bitcoin's value: