The people panicking now are the same ones who panicked two years ago when Bitcoin hit $30,000. The core characteristic of their panic is cognitive bias. Bitcoin's entire value lies in its underlying blockchain technology. It's DeFi, stablecoins, and other on-chain financial platforms that give it seemingly supreme value, but in reality, it's just a medium of exchange. Two years ago, I wrote that US institutions would use Bitcoin as a springboard to connect with blockchain finance. Looking back today, even the Federal Reserve has expressed strong interest in DeFi, stablecoins, and on-chain finance. So, what's the point of distinguishing between altcoins and Bitcoin? Although this market hasn't yet been formalized, it's gradually moving toward maturity. As a medium of exchange, Bitcoin will only account for approximately 4% to 8% of the blockchain market share in the future. Blockchain now has 90% of the economic benefits waiting to be discovered, and those who panic about so-called altcoins will surely become a historical joke. History offers many comparisons, from early humans using shells as a medium of exchange to the ancient Egyptian Mesopotamian civilization that propelled gold to the forefront of history, and now to Bitcoin becoming a medium of exchange. It's not that magical; it's simply a change in the means of production. The medium of exchange in human civilization has always evolved alongside the means of production, from shells to gold to digital assets. Panics often stem from a lag in understanding the new paradigm. Future opportunities lie in understanding how technology is reshaping the way value is exchanged, rather than obsessing over the price fluctuations of a single asset. For everyone, the future lies in transcending the singular, dominant mindset of Bitcoin. We are now at the forefront of a golden age of widespread blockchain application. Let's forget the noise and past Bitcoin price fluctuations and find our own light in the world of blockchain technology. Even if you bet your life on Bitcoin, it will only account for 4% to 8% of the total blockchain value. Like gold, it will be a worthless medium of exchange. $BTC $ETH $SOL #btc #eth #sol {future}(BNBUSDT) {future}(ETHUSDT) {future}(BTCUSDT)