Speaking of the Ministry of Justice selling 57 Bitcoins, the trading volume itself isn't large, but the significance of this event is like knocking over a row of dominoes. It's not an impact on the level of a nuclear bomb, but more like a mirror wiped clean—reflecting the inherent contradiction in the crypto market since its inception: the ongoing struggle between the dream of decentralization and the iron fist of sovereign regulation.



**How Reliable Are Promises**

Looking at history, you know the answer. Mentougou, FTX, each time it's the same promise of "this time it's different," and claims like "too big to fail."
BTC0.29%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 8
  • Repost
  • Share
Comment
0/400
MEVictimvip
· 5h ago
57 Bitcoins, what’s that? The key is that the stuff reflected in this mirror is too glaring. From Mentougou to FTX, we haven't learned our lesson, have we? Promises? Haha, just listen. The iron fist of regulation will come down sooner or later, there's no escaping. Why is the dream of decentralization so easily shattered? History loves to repeat itself, really. Every time they say it's different, every time it's the same.
View OriginalReply0
blockBoyvip
· 19h ago
The Ministry of Justice selling Bitcoin is basically putting on a real-life "Ideal vs. Reality" drama for us. Wait, does decentralization still rely on the government to clean up the mess? That logic is just absurd. The promises made back in Mentougou, the tricks of FTX, one after another—we really believed them. This mirror reflects quite clearly, but what does it matter once you see it clearly?
View OriginalReply0
BearMarketBardvip
· 01-08 15:02
It's just like boiling a frog in warm water. What are 57 coins? The key is this attitude. The Ministry of Justice's methods are quite sophisticated, a subtle hint? That talk about decentralization sounds so ironic now. The textbook examples from Mentougou FTX, still trying to fool us into believing the next one won't crash? This is called the mirror effect, exposing hypocrisy clearly.
View OriginalReply0
SellTheBouncevip
· 01-08 15:02
57 coins, so what? The key is that this mirror reflects so clearly that the market bottom is always at the next big crash. --- Mentougou, FTX... every time it's a new story, but the same old faces always end up holding the bag. --- The dream of decentralization vs. the iron fist of regulation—who will fall first? I choose to rebound and sell, wait for a lower point. --- It doesn't matter who pushes the dominoes; what's important is when to stop. Buy the dip again, don't rush. --- It's not scary for the Department of Justice to sell coins; what's scary is that some people still believe "this time it's really different." --- No matter how clearly you look in the mirror, human weaknesses can't be changed. Trading philosophy is just so cruel.
View OriginalReply0
AirdropCollectorvip
· 01-08 15:02
57 Bitcoins are just like that, but when the Department of Justice steps in, it shows their attitude. Ultimately, regulation's iron fist will come down. This move by the government directly shatters the dream of decentralization. Every time they say this time is different, but what’s the result? Isn’t it the same old story? It's ridiculous—promises are like air. Who can you trust?
View OriginalReply0
RamenStackervip
· 01-08 15:01
57 Bitcoins, so what? Anyway, if the government wants to sell, they sell; if we want to hold, we hold. Everyone does their own thing. Speaking of Mentougou's pit still not filled, and now FTX is here. This circle is really toxic. The dream of decentralization should have awakened long ago. The reality is that the country will always be bigger than the blockchain.
View OriginalReply0
shadowy_supercodervip
· 01-08 14:57
57 pieces? This amount can't move the market at all; instead, it's a very meaningful signal. Here we go again, "This time it's different," I'm tired of hearing it. Mentougou FTX hasn't learned its lesson yet; how can we believe in promises? The war between power and decentralization will never end. A mirror indeed, but all it reflects are lies.
View OriginalReply0
BTCRetirementFundvip
· 01-08 14:52
57 Bitcoins really aren't much, but the attitude... how should I put it, the country is even getting involved, what more can we expect from our circle?
View OriginalReply0
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)