比特幣的成功徹底改變了金融世界

比特幣的價值繼續創下歷史新高。比特幣目前有望創下二月以來的最佳月度表現。

Bitcoin’s value continues to rise, reaching new heights with the recent election of Trump. The cryptocurrency, which has been gaining increasing attention from investors, institutions, and even governments, is now on track for its best monthly performance since February.

比特幣的價值持續上漲，隨著川普最近的選舉而達到新的高度。這種加密貨幣越來越受到投資者、機構甚至政府的關注，目前預計將創下 2 月以來的最佳月度表現。

Trump’s victory has added 45% to Bitcoin’s value, which now stands at around $75,000. This surge can be largely attributed to the placement of pro-crypto lawmakers in Congress, including Trump himself.

川普的勝利使比特幣的價值增加了 45%，目前約為 75,000 美元。這種激增很大程度上歸因於國會中支持加密貨幣的立法者的安置，包括川普本人。

As a result, confidence in cryptocurrency markets is growing, with more support for crypto-friendly policies. This could ultimately accelerate the mainstream adoption of digital currencies, further boosting Bitcoin’s price and solidifying its position as a leading asset.

因此，人們對加密貨幣市場的信心正在增強，對加密貨幣友善政策的支持也越來越多。這最終可能會加速數位貨幣的主流採用，進一步推高比特幣的價格並鞏固其作為領先資產的地位。

Bitcoin’s value has more than doubled since the beginning of this year, reaching record levels. The approval of U.S-listed bitcoin exchange-traded funds (ETFs) in January also played a significant role in boosting the market.

自今年年初以來，比特幣的價值已經增加了一倍多，達到了創紀錄的水平。一月份美國上市的比特幣交易所交易基金（ETF）的批准也對市場起到了重要的提振作用。

Bitcoin has risen by an impressive 130% this year. “The longer it survives it is taken more seriously, that’s just the reality of things,” said Shane Oliver, chief economist and head of investment strategy at AMP Sydney.

比特幣今年上漲了 130%，令人印象深刻。 AMP Sydney 首席經濟學家兼投資策略主管 Shane Oliver 表示：“它存在的時間越長，就會受到越多的重視，這就是現實。”

“As an economist and investor I find it very hard to value it…it’s anyone’s guess. But it does have a momentum aspect to it and at the moment the momentum is up.”

「作為一名經濟學家和投資者，我發現很難對其進行估值……這是任何人的猜測。但它確實有動力，而且目前動力正在上升。

Bitcoin nearly hits $100,000

比特幣接近10萬美元

Bitcoin crossed the $75,000 mark with the election of Trump in early November. On the 21st, it came close to finally breaking the $100,000 ceiling.

隨著川普在 11 月初當選，比特幣突破了 75,000 美元大關。 21日，終於接近突破10萬美元上限。

Despite the growing success of the cryptocurrency, many people still remain skeptical of it. However, policy developments regarding Bitcoin, such as the January approval of U.S-listed bitcoin ETFs, may help to increase public trust.

儘管加密貨幣越來越成功，但許多人仍然對此持懷疑態度。然而，有關比特幣的政策發展，例如 1 月批准在美國上市的比特幣 ETF，可能有助於增強公眾信任。

“There have not been any ETFs like this before,” said Ric Edelman, founder of the Digital Assets Council of Financial Professionals.

「以前從未有過這樣的 ETF，」金融專業人士數位資產委員會創始人里克·埃德爾曼 (Ric Edelman) 表示。

“There are ETFs that invest in stocks of companies that do business in the crypto industry, such as exchanges and miners, and there are ETFs that trade futures in bitcoin, which is like buying equity options instead of stocks, but until now there have not been any ETFs that directly invest in and own bitcoin.”

「有些 ETF 投資於在加密行業開展業務的公司的股票，例如交易所和礦商，也有 ETF 以比特幣交易期貨，這就像購買股票期權而不是股票，但到目前為止還沒有任何直接投資並擁有比特幣的ETF。

Tempted to buy into Bitcoin? Here is what you need to know

想買比特幣嗎？這是你需要知道的

If you are considering adding Bitcoin to your investment portfolio, there are several important factors to keep in mind.

如果您正在考慮將比特幣添加到您的投資組合中，則需要牢記幾個重要因素。

Bitcoin and other cryptocurrencies are classified as speculative investments, meaning that people invest in them with the expectation that their value will rise quickly. These assets are highly volatile, and investors hope to profit from price fluctuations, although this also involves a high degree of risk.

比特幣和其他加密貨幣被歸類為投機投資，這意味著人們投資它們，期望它們的價值會迅速上漲。這些資產波動性很大，投資者希望從價格波動中獲利，儘管這也涉及很高的風險。

“Normally, the way you think about a financial asset is you’re providing capital to the company,” said Michael Finke, a professor of wealth management at The American College of Financial Services.

美國金融服務學院財富管理學教授邁克爾·芬克表示：“通常情況下，你對金融資產的看法是為公司提供資本。”

“The company uses that capital to make something, and the people buy it. That creates profit. You can value the company based on the profitability you expect in the future. With bitcoin, it’s not producing anything, so the valuation is entirely speculative.”

「公司利用這些資本來製造一些東西，然後人們購買它。這創造了利潤。您可以根據您預期的未來獲利能力來評估公司。對於比特幣來說，它不會產生任何東西，因此其估值完全是投機性的。

While Bitcoin’s price has increased by over 600% in the last five years, it differs significantly from traditional investments like stocks. Unlike companies that manufacture products and pay dividends, Bitcoin’s value is largely speculative and has limited practical applications.

儘管比特幣的價格在過去五年中上漲了 600% 以上，但它與股票等傳統投資有很大不同。與製造產品和支付股息的公司不同，比特幣的價值很大程度上是投機性的，實際應用有限。

Moreover, the wealth generated by the stock market usually stems from reinvested dividends, which are compounded over time, leading to steady growth. In contrast, Bitcoin does not offer a similar opportunity for compounding or reinvestment.

此外，股票市場產生的財富通常來自股息再投資，隨著時間的推移，股息會複合，從而實現穩定成長。相比之下，比特幣不提供類似的複利或再投資機會。