Why is a Bitcoin worth $90,000 still not as good as my mom's gold bracelet?

Yesterday, my mom called to show off that her gold bracelet had increased in value again. I glanced at the Bitcoin price on the screen—still not breaking through $90,000—and suddenly I felt a harsh slap from reality.

This is the biggest contrast of 2024.

We keep shouting "digital gold" every day, but real gold quietly makes a fortune while our "digital gold" drags its feet at the $90,000 mark. What's even more heartbreaking is that even my mom has started to question: Is your Bitcoin really better than my gold?

Looking at Ethereum, it finally broke above $3,000, but it’s like a fallen aristocrat barely holding onto its last dignity. The community is full of criticism: don’t mine like back in the day, switch to PoS, now look at you, you deserve the criticism.

The most interesting is Solana. The on-chain activity is quite lively, with various projects emerging endlessly, but people have no interest in the SOL token itself. It’s like a bustling shopping mall’s shareholder—business is booming, but no one cares about the stock. SOL has truly become a pure "utility token," used and discarded.

What is the biggest lesson from this market rally?

The market won't pay for your beliefs; it only pays for real demand.

The "digital gold" narrative of Bitcoin appears pale in comparison to real gold. Ethereum’s "world computer" dream falls flat when it comes to user experience. Solana’s "high performance" label is meaningless in capturing token value.

We are enchanted by the stories we tell ourselves, but we forget the most basic logic: value comes from genuine scarcity and irreplaceability.

Gold is gold not because it’s called "gold," but because it has been a store of value for thousands of years. Our "digital gold" can’t even get past the $90,000 threshold.

Maybe it’s time to re-examine these labels. Not everything shiny is gold, no matter how beautifully it’s packaged. $BTC $ETH $SOL #内容挖矿焕新公测开启