比特幣的未來從未如此模棱兩可

比特幣的未來從未如此模棱兩可。一方面，美國正在創建一個戰略性的比特幣儲備。另一方面，第一個加密貨幣的許多著名支持者都擔心該項目正在遠離其根源。

The future of Bitcoin has never looked so ambiguous. On the one hand, the U.S. is creating a strategic Bitcoin reserve. On the other, many prominent supporters of the first cryptocurrency are concerned that the project is moving away from its roots.

比特幣的未來從未如此模棱兩可。一方面，美國正在創建戰略性比特幣儲備。另一方面，第一個加密貨幣的許多著名支持者都擔心該項目正在遠離其根源。

Jack Dorsey: "If #bitcoin ends up being just digital gold, I think it has failed."

傑克·多爾西（Jack Dorsey）：“如果#bitcoin最終只是數字黃金，我認為它已經失敗了。”

Jack Dorsey, founder of Twitter and a well-known Bitcoin enthusiast, stated earlier this year that if Bitcoin becomes simply a form of "digital gold," the project could be considered a failure. A national Bitcoin reserve may be good for the state, but I'm not sure it's good for Bitcoin itself.

Twitter的創始人，著名的比特幣愛好者傑克·多爾西（Jack Dorsey）表示，今年早些時候，如果比特幣僅僅是“數字黃金”的一種形式，則該項目可能被認為是失敗的。國家比特幣儲備可能對國家有好處，但我不確定這對比特幣本身是否有益。

Dorsey is convinced that Bitcoin needs to return to the original concept described in the white paper and work towards becoming a form of peer-to-peer cash that can be used around the world – only then can the project succeed.

Dorsey堅信比特幣需要返回白皮書中描述的原始概念，並致力於成為可以在世界範圍內使用的點對點現金的一種形式 - 只有這樣，該項目才能成功。

Closed-loop Bitcoin economies vs. Wall Street

閉環比特幣經濟與華爾街

Around the world, "closed-loop Bitcoin economies" – localized economic systems that use BTC as currency – are being created to demonstrate the viability of the cryptocurrency and show what the future of Bitcoin might look like.

在世界範圍內，正在創建“使用BTC作為貨幣的本地經濟體系“閉環比特幣經濟體”，以證明加密貨幣的可行性，並展示比特幣的未來可能是什麼樣。

The Bitcoin Federation defines the closed-loop Bitcoin economy as "a localized economic ecosystem where Bitcoin is used as a medium of exchange, a unit of account, and a means of preserving value." There are places where Bitcoin fulfills all three functions of currency in the usual sense.

比特幣聯合會將閉環比特幣經濟定義為“一個本地化的經濟生態系統，比特幣被用作交換媒介，賬戶單位和保留價值的手段。”在某些地方，比特幣在通常的意義上履行了所有三個貨幣功能。

Such communities are scattered around the world, but they are united by the belief that Bitcoin is a superior form of money that should be used "as a means of payment for goods and services and to settle other financial obligations."

這些社區遍布世界各地，但他們的信念是，比特幣是一種優越的貨幣形式，應“用作商品和服務的支付手段並履行其他財務義務”。

This approach differs significantly from the prevailing attitude in the United States, where crypto-enthusiasts view Bitcoin as a reserve asset to be hoarded – a kind of digital gold. President Donald Trump, at a Bitcoin conference in Nashville in July 2024, bluntly stated, Never sell your Bitcoins.

這種方法與美國普遍的態度有很大不同，在美國，加密助人的熱心將比特幣視為要ho積的儲備資產 - 一種數字黃金。唐納德·特朗普（Donald Trump）總統在2024年7月在納什維爾舉行的比特幣會議上說，從不出售您的比特幣。

In a lecture at the Bitcoin Policy Institute on March 17, Strategy CEO and Bitcoin maximalist Michael Saylor compared the digital currency to an investment asset. In his view, a significant hoard of Bitcoins would allow the US government to establish dominance in the digital economy, similar to how it expanded its territory and influence in the 19th century under the banner of manifest destiny.

在3月17日在比特幣政策研究所的一場演講中，戰略首席執行官和比特幣最大主義者邁克爾·塞勒（Michael Saylor）將數字貨幣與投資資產進行了比較。他認為，一大堆比特幣將使美國政府能夠在數字經濟中建立統治地位，類似於在明顯的命運的旗幟下，它如何擴大19世紀的領土和影響力。

Manifest destiny was a 19th century U.S. concept and political doctrine that Americans had a historical right and even divine destiny to expand their territories and spread their values across the North American continent, an ideological rationale used to justify U.S. territorial expansion.

明顯的命運是美國19世紀的一個概念和政治學說，美國人擁有歷史權，甚至是神聖的命運，可以擴大其領土並在北美大陸上傳播其價值觀，這是一種意識形態的理由，用於證明美國領土的擴張是合理的。

The golden mean – inevitability of acceptance by states

黃金平均值 - 國家接受接受

There's no denying that the mass adoption of Bitcoin by countries like the US does indeed distance the cryptocurrency from its founding principles. But that's the paradoxical beauty of Bitcoin – it's created equally accessible to everyone, even potential opponents of the seed itself.

不可否認的是，像美國這樣的國家大量採用比特幣確實距離加密貨幣與其創建原則相距甚遠。但這就是比特幣的悖論美 ​​- 每個人都可以同樣地使用它，即使是種子本身的潛在反對者。

The adoption of Bitcoin by governments was inevitable from the beginning. If there was a way to prohibit governments from using Bitcoin, it would go against the most fundamental principle of cryptocurrency – to be money that doesn't require anyone's permission.

政府從一開始就不可避免地採用比特幣。如果有一種禁止政府使用比特幣的方法，那將違背加密貨幣的最基本原則 - 是不需要任何人許可的錢。

That said, the Bitcoin community has a set of core values that promote the adoption of cryptocurrency at a grassroots level, not as state charity. Bitcoin is now at a stage of development where it is more important to think about how it is accepted rather than whether it is accepted at all.

也就是說，比特幣社區擁有一系列核心價值，可以在基層層面上促進加密貨幣的採用，而不是州慈善機構。現在，比特幣正處於開發階段，考慮到它的接受方式而不是是否被接受更重要。

Closed-loop economies are crucial to creating a future where Bitcoin is owned and used by ordinary people, not just stored as a pure asset in the digital vaults of big banks and governments.

閉環經濟體對於創造普通百姓擁有和使用比特幣的未來至關重要，而不僅僅是在大銀行和政府的數字庫中存儲為純資產。

The benefits of Bitcoin adoption by governments cannot be overlooked. Adoption in a large country like the United States could have a positive effect, given that many view the United States as a benchmark in the financial world. Plus, the adoption of Bitcoin by the U.S. will raise awareness of the first cryptocurrency, which will benefit the entire network and have a beneficial effect on closed-loop economies around the world.

政府採用比特幣的好處不可忽視。鑑於許多人認為美國是金融界的基準，因此在像美國這樣的大國採用可能會產生積極的影響。另外，美國採用比特幣將提高人們對第一次加密貨幣的認識，這將使整個網絡受益，並對世界各地的閉環經濟體產生有益的影響。

What is Bitcoin doing within the closed-loop economy?

閉環經濟中比特幣在做什麼？

Closed-loop Bitcoin economies are present all over the world. They are especially prevalent in developing countries where the local currency is unreliable as a store of value.

全世界都有閉環比特幣經濟體。在當地貨幣作為價值存儲不可靠的發展中國家中，它們尤其普遍。

In Cuba, where inflation is galloping and wages are unbearably low, Bitcoin and closed economies have allowed locals to protect their savings.

在古巴，通貨膨脹正在疾馳而來，工資卻難以忍受，比特幣和封閉經濟體允許當地人保護他們的儲蓄。

In rural Peru, where most people do not have bank accounts or access to financial services, Bitcoin has provided a way for locals to save money and pay for school and daily expenses.

在秘魯農村地區，大多數人沒有銀行帳戶或獲得金融服務，比特幣為當地人提供了一種省錢並支付學校和每日費用的方式。

However, there are also challenges. In particular, Bitcoin's notorious volatility makes it difficult to promote it as a savings instrument in rural communities. Such exchange rate volatility makes it challenging to explain to rural residents, especially in developing countries, why they should entrust their funds to an asset whose value can change dramatically in a short period of time.

但是，也有挑戰。尤其是，比特幣臭名昭著的波動率使得很難將其作為農村社區的儲蓄工具推廣。這種匯率波動率使向農村居民（尤其是在發展中國家）解釋為什麼他們應該將資金託付給資產的資產，其價值可以在短時間內發生巨大變化。

Bitcoin communities also face challenges in expanding beyond the group of existing expats and enthusiasts. Bitcoin supporters flocked to El

比特幣社區在擴大現有的外籍人士和發燒友群體方面也面臨挑戰。比特幣支持者蜂擁而至