比特幣減半引發交易費用飆升，重新引發黃金代幣化爭論

比特幣減半導致交易費用飆升和確認時間過長，引發了黃金倡導者彼得·希夫的批評。希夫認為，代幣化黃金憑藉其近乎即時的確認和可忽略不計的交易成本，將超越比特幣的功能。然而，實體黃金的代幣化會帶來交易對手風險，而比特幣的去信任模型解決了這個問題。

Bitcoin Halving Triggers Surge in Transaction Fees, Reignites Debate on Gold Tokenization

比特幣減半引發交易費用飆升，重新引發黃金代幣化的爭論

April 22, 2024

2024 年 4 月 22 日

The highly anticipated fourth Bitcoin halving, which occurred on April 20, has triggered a significant increase in transaction fees and network congestion, prompting renewed skepticism from proponents of gold tokenization.

4 月 20 日發生的備受期待的第四次比特幣減半引發了交易費用的大幅增加和網路擁堵，引發了黃金代幣化支持者的新懷疑。

Following the halving event, Bitcoin's block reward for miners was reduced from 6.25 BTC to 3.125 BTC, intensifying competition among miners and exacerbating network congestion. As a result, average transaction fees skyrocketed to an all-time high of $127.97 on April 20, far exceeding previous records.

減半事件發生後，比特幣對礦工的區塊獎勵從 6.25 BTC 減少至 3.125 BTC，加劇了礦工之間的競爭，加劇了網路擁塞。結果，平均交易費用在 4 月 20 日飆升至 127.97 美元的歷史新高，遠遠超過先前的記錄。

Criticisms of Bitcoin post-Halving

對比特幣減半後的批評

Peter Schiff, a prominent gold proponent and outspoken critic of Bitcoin, seized upon the post-halving fee surge to criticize the cryptocurrency as a "failure." He argued that gold tokenization, or representing physical gold as a digital asset on a blockchain, would be superior to Bitcoin.

著名的黃金支持者和比特幣的直言不諱的批評者彼得·希夫（Peter Schiff）抓住減半後費用飆升的機會，批評加密貨幣是“失敗”。他認為，黃金代幣化，或將實體黃金表示為區塊鏈上的數位資產，將優於比特幣。

According to Schiff, tokenized gold would offer near-instantaneous confirmations and minimal transaction fees, addressing the shortcomings currently faced by Bitcoin's scalability. He dismissed the notion that gold is impractical as a currency due to its physical form, asserting that tokenization would provide the same digital transportability as Bitcoin.

希夫表示，代幣化黃金將提供近乎即時的確認和最低的交易費用，從而解決比特幣可擴展性目前面臨的缺點。他駁斥了黃金因其物理形式而作為貨幣不切實際的觀點，並聲稱代幣化將提供與比特幣相同的數位可運輸性。

Counterarguments and Rebuttals

反駁和反駁

However, Schiff's claims were met with counterarguments from Bitcoin supporters. Magoo PhD, an X influencer, highlighted the inherent trust required in third parties to store and custody physical gold in the context of tokenization, introducing counterparty risk that Bitcoin's trustless model eliminates.

然而，希夫的說法遭到了比特幣支持者的反駁。 X 影響者 Magoo 博士強調了在代幣化背景下第三方儲存和保管實體黃金所需的固有信任，引入了比特幣的去信任模型消除的交易對手風險。

Furthermore, Magoo PhD pointed to a previous exchange in 2022, where he had explained to Schiff the pitfalls of tokenized gold, including the potential for market manipulation and the lack of a clear regulatory framework.

此外，Magoo 博士還提到了 2022 年的一次交易所，當時他向 Schiff 解釋了代幣化黃金的陷阱，包括市場操縱的可能性和缺乏明確的監管框架。

The Ongoing Debate: Gold vs. Bitcoin

持續的爭論：黃金與比特幣

The debate over the merits of gold versus Bitcoin as a superior form of money has been ongoing for years. While Schiff advocates for gold's inherent value and stability, Bitcoin proponents emphasize its digital nature, scarcity, and global acceptance.

關於黃金與比特幣作為一種高級貨幣形式的優點的爭論已經持續多年。希夫主張黃金的內在價值和穩定性，而比特幣支持者則強調其數位性質、稀缺性和全球接受度。

Network Fee Spike and Future Implications

網路費用飆漲及未來影響

The post-halving fee surge has raised concerns about the sustainability of Bitcoin's network as it seeks to scale to accommodate increasing transaction volume. The fee spike has created a divide between large-scale investors, who can afford to pay higher fees, and smaller balance holders, who may be priced out of the network.

減半後的費用激增引發了人們對比特幣網路可持續性的擔憂，因為比特幣網路尋求擴展以適應不斷增長的交易量。費用飆昇在有能力支付更高費用的大型投資者和可能因價格過高而被排除在網路之外的小型餘額持有者之間造成了分歧。

Potential Divide in Bitcoin Community

比特幣社群的潛在分歧

High transaction fees could potentially create a divide within the Bitcoin community, with small balance holders feeling marginalized as transaction costs become prohibitive. This could impact the accessibility and usability of Bitcoin as a currency, particularly for everyday transactions.

高額交易費用可能會在比特幣社群內部造成分歧，隨著交易成本變得過高，小額餘額持有者會感到被邊緣化。這可能會影響比特幣作為貨幣的可及性和可用性，特別是對於日常交易。

Market Outlook

市場展望

Despite the post-halving fee surge, institutional investors appear undeterred from accumulating Bitcoin, driven by the belief that the long-term value proposition remains intact. However, the scalability question casts uncertainty over Bitcoin's ability to achieve widespread adoption as a global currency.

儘管減半後費用激增，但機構投資者似乎並沒有被阻止累積比特幣，因為他們相信長期價值主張仍然完好無損。然而，可擴展性問題為比特幣作為全球貨幣廣泛採用的能力帶來了不確定性。

Conclusion

結論

The Bitcoin halving has triggered a surge in transaction fees and network congestion, exacerbating the debate between proponents of gold tokenization and Bitcoin. While the ideological divide over what constitutes superior money seems unlikely to be bridged, the scalability challenges facing Bitcoin present a significant hurdle to its widespread adoption.

比特幣減半引發了交易費用激增和網路擁堵，加劇了黃金代幣化和比特幣支持者之間的爭論。雖然關於什麼是優質貨幣的意識形態分歧似乎不太可能彌合，但比特幣面臨的可擴展性挑戰對其廣泛採用構成了重大障礙。