<Biden announces withdrawal from the race, now the pressure is on Powell>

-Political battles are never open, if you are not decent, someone will naturally help you be decent

🎫The current situation is very intuitive

As long as Trump does not encounter a physical annihilation crisis similar to the one some time ago, then after the shooting, he is directly recommended.

Compared with the Republicans, the Democratic candidates are not up to par in all aspects.

Next, there is a new round of team-up issues.

The three big guys who are openly related to the trend of#Cryptoare Trump, Powell, and SEC Chairman Gensler.

There is no need to say SEC Chairman😇, after the Ethereum ETF is passed, cryptocurrencies will have no "role" in the short term.

Talking about Trump, this old man coming to power is an epic benefit to cryptocurrencies, and it may even promote $BTC to become a national strategic reserve asset.

Why do you feel that imagination will shine into reality? ?

Gold will increase with the total amount of new mines discovered, and the same is true for oil.

Even if Ethereum's community consensus changes or the network is upgraded in the future, the proposal can be passed and it can grow infinitely (this is also the most important reason why many investors don't care about Ethereum). Securities in a broad sense and commodities in a narrow sense, the highest right of interpretation belongs to the SEC. (One angle, not that I am not optimistic about ETH)

As a "financial sickle," it is really easy to use this thing to harvest the world.

- The United States is not the largest producer of gold and oil, but in CRYPTO, they have the ability to build the world's largest mine, and Wall Street is also the world's most purchasing power giant.

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- ​​Why is the pressure on Powell now?

- People who can be in that position cannot simply consider the economy.

- Some time ago, he said that even if the CPI is less than 2%, he would consider lowering interest rates, leaving room for himself.

Trump must hope to lower interest rates later, inherit this political legacy and be a good guy during his term, while Biden is the opposite.

In fact, whether to lower interest rates in September or not does not have much impact on the United States. The key is to express the political attitude of Powell and others.

Now that Biden has withdrawn from the race, the Democratic Party's chances of winning are slim.

"Whether to be a wise monkey after the tree falls or to be an old guard of the current regime is a choice he needs to make."