2025-12-27 03:21:21

If Bitcoin truly achieves success, its impact on international trade and the financial order cannot be underestimated. As early as the end of 2017, this topic drew widespread attention—industry insiders pointed out that once Bitcoin or the cryptocurrency system gains widespread recognition, the existing international payment settlement system and financial regulatory framework could be redefined.

This is not just a technical issue. The decentralized, borderless value transfer mechanism represented by Bitcoin is challenging the necessity of traditional financial intermediaries. If this mechanism is truly applied in global trade, the settlement costs for businesses and individuals, foreign exchange losses, and payment cycles will undergo profound changes.

Deeper impacts involve a shift in the power structure. The current dollar-centered international clearing system relies on the credit endorsement of specific institutions. Can the transparency and cryptographic guarantees of blockchain technology reshape the trust foundation among participants? This is a question that everyone involved in cross-border transactions and asset management should seriously consider. Of course, all of this depends on whether Bitcoin and its derivative systems can truly overcome technical bottlenecks, gain regulatory approval, and achieve large-scale application—this road is still long.

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alpha_leaker

· 20h ago

To be honest, the 2017 wave should have been clear back then. Now it's all just talk on paper. I don't know if the dollar system is panicking, but anyway, the exchanges have already collapsed. So the core issue is who can survive until the day they gain regulatory approval. Bitcoin's logic sounds good, but if it really destroys the traditional financial intermediary's livelihood, do you think they will let it go?

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DaoTherapy

· 20h ago

That's right, the dollar system will eventually have to change. --- Talking about this in 2017, and it's still the same old story, haha. --- Decentralization sounds great, but real implementation depends on how regulators clamp down. --- Exchange loss is indeed a pain point, but can Bitcoin really solve it? --- The shift in power dynamics sounds grand, but I just want to know when I can use it to buy groceries. --- This road is still very long +1, don't overestimate the timeline. --- Will intermediaries sit and wait to die? Overthinking it. --- Technical bottlenecks, regulation, large-scale application—none of these are solved yet, what are we talking about? --- Blockchain transparency reshapes the foundation of trust; I'm still pondering this logic. --- Starting to talk about the international financial order again, but let's first secure our own wallets. --- Is it so easy to shake the dollar's dominant position? That's a pipe dream.

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