Bitcoin has officially been included as a permanent national asset, ensuring its future financial dominance! This will be a very significant moment in Bitcoin's history and a major positive factor for this round of crazy bull market, giving long-term Bitcoin investors a shot of adrenaline. This is bound to be one of Trump's greatest achievements during his presidency.
Personal opinion:
First: Strengthen the position of the United States as the global financial leader
Before Trump took office, he emphasized that after being elected, he would make the United States the cryptocurrency capital of the world. After his successful election, he further promoted the rise of Bitcoin, primarily contributing to the basic legal framework.
Trump officially launched the cryptocurrency governance model!
(Bitcoin Rights Bill) has been officially passed!
Bitcoin [BTC] has been proposed as a national reserve currency for the first time in legislation.
Second: Use Bitcoin to combat inflation and resolve the debt crisis
U.S. debt has already exceeded $36.5 trillion, while the total GDP revenue for the entire year of 2024 is not expected to exceed $1.2 trillion. This is a clear indication of insolvency. How will this debt crisis be resolved? By printing unlimited amounts of dollars? This is obviously impossible and would only accelerate the depreciation of the dollar and a global financial crisis! We can only rely on the rising price of Bitcoin to alleviate the crisis, just like during the financial crisis in 2000 when the market capitalization of technology companies was continuously pushed up, and global funds were drained by Wall Street, ultimately resolving the crisis!
Third: On the surface, it is the promotion of policy, but behind it is the cooperation of capital interests
An old Chinese saying: The hustle and bustle of the world is all for profit, and there is nothing wrong with it. Can Musk unconditionally support Trump? Didn't the biggest institutions in this round of the crypto world, such as BlackRock, Fidelity, and MicroStrategy, cooperate with the capital behind Trump? I believe Trump's elaborate efforts make one wonder whether this round of Bitcoin bull market will last for five years. Are so many institutional capitals merely for pushing up Bitcoin this time? I think the purpose must be more than that.
Finally: Many of the views in this text represent my personal understanding and judgment of the market and do not constitute advice for your investments. If you have different opinions, we can communicate.