黄金的代币化确实很有意思。一方面是储存的性质改变了，另一方面是将黄金做成了结算工具。准备来说美元稳定币是用美元作为计价单位，黄金的代币化是用每盎司（或其它计量单位）作为计价单位。

倪大都提到黄金了，不说两句好像有点说不过去。
稳定币买黄金，和黄金代币化，是两件不同的事。如果黄金代币只是靠稳定币来买，那确实容易变成鸡肋；但黄金代币化本身，其实是黄金产业在结算和交易层面的技术升级，稳定币和法币都只是支付方式而已。
所以讨论的时候，可能也得把这两件事分开看。

Twitter

The tokenization of gold is indeed very interesting. On the one hand, its nature as a store of value has changed; on the other hand, gold has been transformed into a settlement instrument. To be precise, dollar-denominated stablecoins use the US dollar as their pricing unit, while the tokenization of gold uses per ounce (or other unit of measurement) as its pricing unit.

The FLOW Token recently experienced a severe flash crash, once again sending the cryptocurrency market into turmoil as its price plummeted by over 42% in a very short period, causing a massive loss of market Capital ...

The price of the FLOW Token unexpectedly plummeted for no apparent reason.

The recent market has been truly stagnant, with frequent fluctuations and erratic price swings, effectively eroding liquidity and leaving no clear direction.

Let's summarize what the top analysts are saying: During this period, resting is better than frequent trading. Maintaining your understanding is key; inaction is the best strategy.

Current Market Situation: High-Level Consolidation and "Washout"

- Current Market Situation: BTC is currently consolidating in the 85k-90k range, characterized by frequent "V-shaped" price swings (rapid up-and-down V-shaped reversals). Essentially, this is the main players clearing out high-leverage contracts and reaping profits from short-term traders.

- Supply and Demand Structure: Sellers are showing strength...

Market Overview | BTC

Are prediction markets simply well-packaged gambling, or a revolutionary innovation?

The debate seems to have strayed from the core issue.

This article, originally written by @0xJeff and translated and personally interpreted by @anymose, retains only the general meaning; for the original flavor, please refer to the original text.

01 When Risk is Packaged as Entertainment
The US is sliding into the abyss of "hyper-gambling": The market is flooded with sports betting apps optimized for teenagers, one-click prediction markets, and even absurd apps that use coin tosses to decide whether to double rent… Risk is blatantly packaged as entertainment, a sad reality.

Gambling has existed since ancient times:...