The four most famous international exchanges:

Binance INTL	OKX INTL	Gate.io INTL	Huobi INTL
China Line　APP DL	China Line　APP DL	China Line　APP DL	China Line　APP DL

Note: The above exchange logo is the official website registration link, and the text is the APP download link.

Coin Circle (120BTC.CoM) News: Although some traditional financial professionals and regulatory authorities believe that cryptocurrency is an illegal investment application. According to data compiled by 99Bitcoins, BTC has been declared "dead" 474 times in its more than ten years of growth history. However, these blows have not defeated Bitcoin. Instead, it has always rebounded strongly and hit new highs repeatedly.

The well-known British journal "The Economist" published a special article this week analyzing why BTC has risen by more than 150% this year, and described the cryptocurrency industry as a cockroach from an interesting angle.

 **The “Cockroach Theory” of Cryptocurrency**

We know that cockroaches have amazing vitality. Research has found that they can survive for a long time even after being decapitated. Their flexible exoskeletons can withstand pressure up to 900 times their own body weight. They are also master divers... The Economist believes that the cryptocurrency industry is facing He also shows cockroach-like resilience when faced with numerous challenges.

While many people are disgusted by cockroaches, they also play an important role in nature (converting decaying matter into nutrients); similarly, although cryptocurrencies are viewed with suspicion by many financiers and regulators as money laundering and cyber attack tools, but they have also gradually become an indispensable and important role in the financial field.

On why the crypto industry seems indestructible? The Economist also put forward several opinions:

 **Decentralized networks are less prone to collapse**

First, the indestructibility of cryptocurrencies is rooted in the technology behind them. Digital currencies represented by Bitcoin and Ethereum are different from traditional companies in that they maintain transaction records through decentralized networks, which makes them extremely stable and secure.

This system will not collapse easily unless its value drops to zero.

 **Some countries have begun to actively adopt cryptocurrencies**

In some countries, people have begun to use Bitcoin and stablecoins to save and even pay. El Salvador has even accepted Bitcoin as legal tender, and is highly optimistic that cryptocurrency will be widely used in future technology.

At the same time, artists are also actively exploring the possibility of non-fungible tokens (NFT). Even former US President Trump has issued NFT many times. During its boom years, the cryptocurrency industry attracted many smart developers and raised large amounts of funds. They are working on developing new applications of blockchain, such as social media platforms or games that make money while playing. These innovations can provide benefits to the industry. Bring new vitality.

 **Supervision gradually becomes clear**

Furthermore, the U.S. court's recent ruling on cryptocurrency has prompted more mainstream investors and large fund management companies such as BlackRock and Fidelity...and other traditional financial giants to show interest in cryptocurrency products, further enhancing the popularity of cryptocurrency. Market legitimacy and attractiveness.

The Economist concluded that although cryptocurrencies are often criticized when facing many challenges, they are like cockroaches, showing amazing vitality and playing an increasingly important role in the financial ecosystem.