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TRX $0.3327 -0.10%
DOGE $0.0698 -0.53%
ADA $0.1729 -0.95%
BCH $203.30 -0.59%
LINK $9.44 +0.44%
HYPE $59.45 +0.31%
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Michael Saylor: BTC attempts to monetize digital scarcity, reshaping wealth storage and value transfer

Founder of Strategy, Michael Saylor, stated that Bitcoin integrates computers, digital networks, and cryptography to create the first currency network in human history designed in a digital manner. It completely dematerializes monetary assets, with supply controlled by public protocols rather than decisions, transforming economic value into information that can be securely transmitted across global communication networks.Compared to gold, Bitcoin is harder to inflate, easier to integrate with software, faster in transmission, and every participant has the incentive to maintain network security. The proof-of-work mechanism anchors it in the physical world, making the cost of tampering with history high by consuming real energy for ledger security, attracting miners, energy providers, and investors to collaboratively build a defense system. Bitcoin is digital gold, but understanding it as digital currency is more fitting.The Bitcoin network is not static software; it is an adaptive system composed of miners, nodes, developers, capital, and users. Bitcoin deliberately maintains functional simplicity, focusing solely on maintaining a secure and reliable ledger of scarce digital assets, leaving complexity to higher-level applications.This layered design of underlying integrity and upper-level functionality allows it to serve as a foundation for transmitting monetary energy across time and space while supporting continuous innovation in payments, credit, and financial services.The more profound impact is that Bitcoin creates a new form of digital sovereignty: private keys empower individuals to control economic energy without permission, with ownership verified by mathematics rather than institutions. Companies, banks, trusts, and applications can build a complete economic system around it, and social networks can introduce real costs and responsibilities into the digital space.Gold monetized physical scarcity, while Bitcoin monetizes digital scarcity. It is not merely a payment tool but an engineering solution to humanity's problems of energy preservation and guidance—currency is energy, and Bitcoin is the currency energy of the digital age.

The temporary agreement framework for Hormuz has been reached, laying the foundation for the resumption of nuclear negotiations between the U.S. and Iran

According to the American media MS NOW, two Middle Eastern diplomats familiar with the negotiations stated that Oman has agreed to reach a framework agreement with Iran to temporarily reopen the Strait of Hormuz. An Iranian government official said that the agreement will establish a new shipping route by allowing commercial vessels to enter the Persian Gulf via Iranian-controlled routes and exit via Omani-controlled routes. The agreement does not include charging tolls for commercial vessels seeking safe passage through the waterway. This proposal is a "temporary agreement" that will lay the groundwork for Washington and Tehran to announce a new ceasefire and restart nuclear negotiations.According to Iranian officials, the United Nations International Maritime Organization and the United States will participate in the formal announcement of the agreement. A government official from a Gulf country stated that the arrangement has been recognized by the member states of the Gulf Cooperation Council. Officials have not disclosed when the agreement will be announced. However, whether the United States will support the management agreement for the strait will depend on the final details. An American official stated that Washington only supports a temporary agreement to reopen the strait on the premise of no tolls and unobstructed passage.
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