#BTC走势分析 #以太坊ETF批准预期 A falling dollar could be the driving force behind the next wave of cryptocurrency price increases

On the surface, the U.S. debt-to-GDP ratio doesn’t seem too bad. In 2023, it was lower than the G7 average (123%) and about half lower than Japan, the world’s most indebted country. Japan's debt-to-GDP ratio that year was as high as 255%. But in reality, the two countries have very different economic conditions, and the significant difference between the two is the structure of debt ownership. In Japan, nearly 90% of debt is held by domestic citizens and institutions, but about a quarter of U.S. debt is held by international debt buyers. So in order to ensure that this debt remains attractive to them, the United States needs to pay a higher rate of return (i.e., a higher interest rate) relative to its global competitors, especially as the debt-to-GDP ratio continues to increase, which means The risks of lending to the government also increase. Japan's net debt is well below its debt-to-GDP ratio, meaning it holds more foreign assets than it owes other countries, while the opposite is true in the United States, making it easier for Japan to manage its growing debt.

Japan has also not been plagued by inflation like the United States, which the Federal Reserve has controlled by raising and keeping interest rates high, making soaring debt levels particularly dangerous. As we all know, the solution to inflation is through tightening monetary policy. But higher interest rates mean higher debt repayments, consumer dissatisfaction, and ultimately an economic slowdown. In fact, the Fed already faces all of these problems. Consumer confidence is starting to falter, debt repayments topped $1 trillion last year, and growth in the first quarter of this year was much lower than anyone expected. So much so that there are now expectations of stagflation: inflation continues to rise while economic growth stagnates. In this case, higher debt also poses a problem because it limits the government's ability to use fiscal powers to mitigate the economic slowdown. With debt-to-GDP ratios high and expected to continue rising rapidly over the coming decades, governments will have to face reality sooner or later. That is to say, it is inevitable that the United States will continue to raise its debt ceiling and continue to print money on a large scale.

#基金会高级研究员丹尼·奥布莱恩表示，该小组已经聘请了一名律师，并试图确定警方是否持有失踪的资金根据基金会高级研究员丹尼·奥布莱恩4月13日在社交媒体上的一篇帖子，Filecoin基金会是一家促进Web3存储协议Filecoin发展的非营利组织，“在中国有一名律师”，并正在调查Filecoin Liquid Staking（ST fil）团队成员被拘留的报道。
4月初，在一个开发者钱包进行了几次计划外升级后，从STFIL协议中提款的功能停止了转移了价值2300万美元的Filecoin所有者未知的地址的令牌。4月8日，STFIL团队宣布核心技术成员被中国当地警方拘留，神秘的升级和转移发生在这些拘留期间。这一声明让许多STFIL用户想知道他们如何才能收回资金。
在邮报上，奥布莱恩声明“FF在中国有一名律师一直在调查该事件”，并补充说该基金会“高度相信”STFIL团队成员已被警方拘留。该基金会尚未能证实警方是否拥有这笔资金，但他们预计在“一周以上”内知道这一信息。该基金会计划允许其律师在与该事件有关的任何法庭诉讼中代表所有桩供应商和租赁商。奥布莱恩承诺，一旦该计划的细节敲定，他将分享更多信息。他还要求损失资金的赌博提供商通过为此目的设立的Google Doc或Slack频道提供联系方式。
Filecoin基金会高级研究员丹尼·奥布莱恩.Filecoin是一种去中心化存储协议，允许PC所有者将其硬盘空间出租给有数据存储需求的用户。它要求存储提供商提供FIL令牌作为抵押品，以保证他们按照协议存储数据。
#FIL/USDT