#数字资产动态追踪 Recently, the news from Trump’s side has been quite intense, which reminded me of the “Oil Coin” initiative that Maduro once strongly promoted. To be honest, this isn’t just gossip for the crypto community; it’s more about asking a core question: Do crypto assets truly have practical value?
Let’s clarify the logic first. Maduro’s original idea behind promoting Oil Coin was straightforward—use crypto assets as a tool to bypass traditional financial sanctions, bringing tangible assets like oil onto the blockchain for tokenization. Essentially, it’s an attempt at “sovereign crypto assets to counter financial blockades.” Now that this matter has been brought back into the spotlight, it’s really testing one thing: when conventional financial channels are cut off, can crypto assets really come into play?
It’s important to clarify one point—Oil Coin is not a decentralized cryptocurrency; it’s a token backed by sovereignty, completely different in nature from Bitcoin or Ethereum. But on the flip side, the signal here is solid: crypto assets inherently possess the attribute of “permissionless cross-border transfer,” which makes them especially relevant in scenarios involving financial sanctions. It’s precisely because of this that crypto assets have attracted so much global attention.
Here’s a takeaway for those in the crypto space—don’t just stare at K-line charts and focus on price movements. You need to truly understand the “tool” attribute of crypto assets. What they can be used for in extreme situations is the real underlying logic for their long-term existence.
That said, there’s no need to over-interpret. After all, Oil Coin is a sovereign token; its operational logic is vastly different from decentralized crypto assets, so it’s unlikely to directly push up the coin’s price in the short term. But looking at a longer time horizon, cases like “crypto countering financial sanctions” are increasing, and this kind of development is an invisible boost to the global perception of crypto assets—an indirect positive for the entire sector.
How should ordinary people understand this? Here are three suggestions:
First, don’t rush into the market impulsively just because of some news. This won’t have a direct impact on the market in the short term, so there’s no need to buy coins hastily.
Second, pay more attention to crypto projects that have “real application landing.” Whether it’s cross-border payments or asset tokenization, those with actual market demand are the real hard currency. Fads and hype will eventually fall back to their true value.
Third, when you see any news involving crypto, first analyze calmly what the event is and how it actually relates to crypto. Don’t blindly follow and spread rumors.
Finally, a word of caution—crypto’s value has never been “speculated” out of thin air; it’s “used” out of necessity. The story of Oil Coin is actually a real-world footnote to the “tool attribute” of crypto.
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.
19 Likes
Reward
19
6
Repost
Share
Comment
0/400
NonFungibleDegen
· 01-05 11:32
ngl this petro coin thing is lowkey the most bullish signal we've ever had... or am i just coping after my portfolio went down bad
Reply0
PositionPhobia
· 01-03 12:00
The thing with Oil Coin is basically to test whether crypto can actually do real work, instead of just playing around with illusions on exchanges.
View OriginalReply0
DegenGambler
· 01-03 11:59
The oil coin thing has been dead for a long time, and you're still bringing it up? I think it's just hype.
Practical applications are never really implemented—cross-border payments? Haha, let's see if they actually get used.
Big players are deploying real projects, while we retail investors are still studying the tool's features—there's a huge gap.
If there's no short-term impact, don't buy blindly. That's correct—don't be brainwashed by the news.
No matter how strong the tool's features are, someone has to adopt it; otherwise, it's just armchair strategizing.
View OriginalReply0
JustHodlIt
· 01-03 11:55
Speaking of Petroleum Coin, to put it simply, it's a tool for political players to test the waters in crypto. Its true value isn't in the price, but in what it proves.
That's very true. Don't just stare at the K-line every day; that's the real backbone for the survival of crypto.
Your point is good, but a bit idealistic. Very few projects can truly be implemented; most are just hype.
Wait, if tokens endorsed by the government could truly bypass sanctions, central banks would have acted long ago. Would they be so idle?
This perspective is interesting. Cross-border permissionless transfer is indeed the core competitive advantage of crypto, but Petroleum Coin has been a malformed project from the start.
The key is that someone has to actually use it; otherwise, no matter how solid the logic, it won't save the coin's price.
That's a bit of an exaggeration. If there's no short-term impact, there's no need to hype about indirect benefits.
View OriginalReply0
SandwichVictim
· 01-03 11:46
As for the oil coin thing, honestly, it's about testing whether encrypted technology can actually do work, rather than just hype the concept.
To be honest, the crypto world is always arguing about practical value, but in reality, most people are just staring at candlestick charts. Very few take it seriously.
This article has a clear logic: sovereign tokens and decentralized things are indeed two different matters, no need to confuse them.
What I respect most is the phrase — "Encryption is used, not just speculated on." Did many people really take that to heart? Anyway, I haven't seen it around me.
Projects with real application landing are the real deal; others are just following trends and will eventually reveal their true nature. When gamblers leave, they return to square one.
Don't be led by the news; this is the most basic operation, but most people can't do it.
View OriginalReply0
LootboxPhobia
· 01-03 11:41
Talking too big, but truly practical projects are still scarce.
#数字资产动态追踪 Recently, the news from Trump’s side has been quite intense, which reminded me of the “Oil Coin” initiative that Maduro once strongly promoted. To be honest, this isn’t just gossip for the crypto community; it’s more about asking a core question: Do crypto assets truly have practical value?
Let’s clarify the logic first. Maduro’s original idea behind promoting Oil Coin was straightforward—use crypto assets as a tool to bypass traditional financial sanctions, bringing tangible assets like oil onto the blockchain for tokenization. Essentially, it’s an attempt at “sovereign crypto assets to counter financial blockades.” Now that this matter has been brought back into the spotlight, it’s really testing one thing: when conventional financial channels are cut off, can crypto assets really come into play?
It’s important to clarify one point—Oil Coin is not a decentralized cryptocurrency; it’s a token backed by sovereignty, completely different in nature from Bitcoin or Ethereum. But on the flip side, the signal here is solid: crypto assets inherently possess the attribute of “permissionless cross-border transfer,” which makes them especially relevant in scenarios involving financial sanctions. It’s precisely because of this that crypto assets have attracted so much global attention.
Here’s a takeaway for those in the crypto space—don’t just stare at K-line charts and focus on price movements. You need to truly understand the “tool” attribute of crypto assets. What they can be used for in extreme situations is the real underlying logic for their long-term existence.
That said, there’s no need to over-interpret. After all, Oil Coin is a sovereign token; its operational logic is vastly different from decentralized crypto assets, so it’s unlikely to directly push up the coin’s price in the short term. But looking at a longer time horizon, cases like “crypto countering financial sanctions” are increasing, and this kind of development is an invisible boost to the global perception of crypto assets—an indirect positive for the entire sector.
How should ordinary people understand this? Here are three suggestions:
First, don’t rush into the market impulsively just because of some news. This won’t have a direct impact on the market in the short term, so there’s no need to buy coins hastily.
Second, pay more attention to crypto projects that have “real application landing.” Whether it’s cross-border payments or asset tokenization, those with actual market demand are the real hard currency. Fads and hype will eventually fall back to their true value.
Third, when you see any news involving crypto, first analyze calmly what the event is and how it actually relates to crypto. Don’t blindly follow and spread rumors.
Finally, a word of caution—crypto’s value has never been “speculated” out of thin air; it’s “used” out of necessity. The story of Oil Coin is actually a real-world footnote to the “tool attribute” of crypto.