Gate Releases Latest Reserve Report: Total Reserve Ratio at 125%, BTC Reserve Ratio as High as 140.69% | Bee Network
Login熱門新聞AI 代理商Meme LaunchpadDeSci熱門鏈瀏覽器新人必讀衝百倍幣蜜蜂遊戲必備網站必備APP必關大神DePIN新人必備教我避坑基本工具深度網站交易所NFT 工具Web3宇宙遊戲DApp蜂巢增長平台生態Coins儲值登入Web3大學遊戲DApp蜂巢生態家分析分析懷亞特儲備金證明報告https://www.gate.com/proof-of-reserves加密貨幣網站X電報領英InstagramYoutubehttps://www.gate.com/zh/user-agreementGate Releases Latest Reserve Report: Total Reserve Ratio at 125%, BTC Reserve Ratio as High as 140.69%Related: 2025 Asset Review: Why is Bitcoin significantly underperforming gold and US stocks?
When observing Bitcoin’s performance in 2025, many people get caught up in simple price comparisons and don’t understand why it underperformed the US stock market led by Nvidia, or even the traditional safe-haven asset gold. From a higher-dimensional perspective, this is actually a problem of physics and information theory. Price is just the surface; the underlying energy flow and information density are the essence. 1. The congestion effect of energy arbitrage: the shift in computing power hegemony In Musk’s logic, value is often linked to the efficiency of energy conversion. Over the past decade, Bitcoin has been the only machine capable of converting energy into scarce digital assets on a large scale, a value anchored based on thermodynamics. But in 2024 and 2025, an extremely strong competitor emerged: generative artificial…#分析# 加密#市場# 網路3上一篇
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