#稳定币竞争与发展 Recently, an analyst said to be bearish on Bitcoin, citing reasons such as liquidity tightening, AI competition bottlenecks in electricity rather than chips, and the threat of quantum computing... These terms left me a bit confused, but the most interesting part was when he mentioned Tether's movements 🤔

Tether is now investing in gold and AI, and its gold holdings on the balance sheet are even larger than Bitcoin? Is this implying something? I always thought stablecoins were just stablecoins, but now I realize even leading ones like Tether are adjusting their strategies. This makes me curious—if competition among stablecoins is so fierce, will more of them follow similar investment layouts in the future?

I want to ask everyone, is the short-term bearish view on Bitcoin reliable? What does liquidity tightening mean? Does it have any practical impact on us newbies? These macro factors seem far from me, but they also seem to relate to my 😅 wallet. Can someone explain it simply?