Looking back at the beginning of 2026, cryptocurrency has been on this road for nearly 20 years. You will notice an interesting phenomenon — it doesn't have a blockbuster product like WeChat or TikTok, but this precisely illustrates the essence of cryptocurrency.

It is not an app at all. It is a set of underlying protocols, more like the internet's TCP/IP — infrastructure, not a top-layer application. This difference is crucial.

Those who say "cryptocurrency is a tool for the US to harvest" may sound reasonable, but that is only part of the complex geopolitical game, far from the whole story. Today, let's clarify these issues.

**The True Face of Cryptocurrency**

The core advantage is simply one word — freedom. No bank can freeze your money, no government can block your transfers. For people living in regions with strict financial regulation or political instability, this is not an illusion but a real lifeline.

Imagine, traditional international remittances take 3 to 5 business days, with exorbitant fees, and require multiple layers of approval. Bitcoin? Peer-to-peer transfers, arriving in minutes, with nearly zero cost. For many, this is a lifesaver.

Then there's scarcity. Bitcoin has only 21 million coins, and this cap is hardcoded into the code. No one can print more money, no one can increase issuance. From a historical perspective, the long-term value of any hard asset stems from genuine scarcity. Bitcoin has achieved this to the extreme.

**Why There Are No Killer Apps**

Many people ask this question, but the question itself is somewhat flawed.

Since the birth of TCP/IP protocols, there hasn't been a "killer app" — but on top of it, the internet, e-commerce, social media, live video streaming, and all these have emerged.

Cryptocurrency is currently in the early stages, like the early days of the internet. The underlying infrastructure is still being improved, and the ecosystem is still exploring. Stablecoins, cross-chain technology, smart contract applications — these are all gradually solving the "how to use" problem.

**About the "Conspiracy Theories"**

Dollar hegemony has indeed been extended through the cryptocurrency market, which is not unfounded. But this does not mean that cryptocurrencies themselves are a trap.

Just as gunpowder was initially used for fireworks and later for war. The tool itself is neutral; it depends on who is using it and how. The decentralized nature of cryptocurrency, in theory, constrains any power — including US financial hegemony. The true future should be one of coexistence of multiple systems.

This revolution is far from over. The real revolution has never been a mature product, but a possibility.