New Version, Worth Being Seen! #GateAPPRefreshExperience
🎁 Gate APP has been updated to the latest version v8.0.5. Share your authentic experience on Gate Square for a chance to win Gate-exclusive Christmas gift boxes and position experience vouchers.
How to Participate:
1. Download and update the Gate APP to version v8.0.5
2. Publish a post on Gate Square and include the hashtag: #GateAPPRefreshExperience
3. Share your real experience with the new version, such as:
Key new features and optimizations
App smoothness and UI/UX changes
Improvements in trading or market data experience
Your fa
Is there a Mass Adoption of cryptocurrencies?
Trading Users:
The narrative of asset issuance is weakening, and the number of crypto traders is decreasing (most have been liquidated or left disappointed).
Crypto Believers:
A small group of people who have a strong belief in assets like BTC or decentralization, are unable to achieve Mass Adoption.
Payment Users:
This is currently the largest fundamental base for the crypto Mass Adoption narrative, mainly in the US and emerging markets. Currently, payment channels are still controlled by traditional banks and settlement networks. Crypto payments are just a tiny part of the entire payment ecosystem. If we want to replace traditional payment networks, it still faces many difficulties. US dollar stablecoin payments will create conflicts of interest with local currency systems, which is the core reason why regional promotion is challenging.
From the birth of BTC to the establishment of peer-to-peer payment networks, to the Ethereum wave that sparked the global computing movement (the term Web3 was born during this period), and now to crypto payments, it can be felt that cryptocurrencies have entered the second half. People are no longer blindly believing in changing the world, but are beginning to engage in practical businesses such as crypto debit cards, stablecoin wealth management, and linking US stocks on-chain.
Once upon a time, the boring Ape NFT avatar, symbolizing OG status, was bought by celebrities outside the circle with huge sums, but now, those still wearing this avatar are only met with sarcastic comments like "You must have lost a lot."