This year, the United States unusually approved 11 Bitcoin spot ETFs in one go. The conclusion of this palace drama is that Bitcoin has successfully risen to power. What is the capital truth behind it? Who will the sickle harvest this time?
First of all, 🉐 understand what a Bitcoin spot ETF is. You should know that what you are buying this time is real Bitcoin, not some derivative tied to Bitcoin. Moreover, most of the ETFs that have been approved this time are produced by Wall Street's asset management giants, belonging to the super-large regular army. Simply put, a large amount of capital will be crazily buying Bitcoin.
In addition, this time the United States voluntarily loosened its grip to allow Bitcoin to successfully rise to power, but there is a bigger game being played behind it. That is to gather all the funds interested in cryptocurrency from around the world to the United States, attracting all the investors and talents in the global cryptocurrency circle to the United States (including the CZ incident), thereby gaining control over the pricing and dominance of this new currency.
Again, there is a larger area behind it. The development of the Metaverse and AI is booming, and there are so many application scenarios in the Metaverse, including immersive shopping and virtual reality parties, where digital currency will inevitably be used. Therefore, cryptocurrency naturally becomes its candidate. If combined with AI, it can directly form a systematic closed loop from technological life to finance.
In the past few years, the US government has been reluctant to recognize Bitcoin because they are worried that this decentralized currency circulation will fundamentally undermine the Federal Reserve and, in turn, disrupt the hegemony of the US dollar. However, now the US simply uses magic to defeat magic. I will control you, and you will control the part that the US dollar cannot dominate. When cryptocurrencies truly dominate the global monetary system in the future, the US will become the biggest winner.
At this point in the game, do you all understand? I can only say that the United States' initiative this time is truly terrifying upon closer examination. Whether to participate in this Bitcoin ETF depends on whether you are willing to follow the US operator.
Follow me, follow Lucic, who focuses on the concept of 'transparent contracts', and let's seek knowledge and wealth together!
