Wu Jihan: Bitcoin will only be suitable for daily transactions when its value is large enough

At the founding conference of the Digital Financial Assets Research Center of the School of Economics and Management of Tsinghua University, Bitmain CEO Wu Jihan mentioned his thoughts on the application of Bitcoin in his speech. In the history of Bitcoin development, as the market value grows, the volatility of Bitcoin prices is constantly decreasing. He said that when the value of Bitcoin is large enough, it will be suitable for daily transactions and value storage. For digital assets, digital assets with major innovations in technology and community governance will have development opportunities in the next round of bull market.