Dana: The purpose of hyping Bitcoin in the United States
In fact, Bitcoin is a tool to maintain the hegemony of the US dollar. Due to the U.S. debt crisis, a large amount of U.S. dollars were printed, and the credit of the U.S. dollar was lost. Even though the U.S. is hyping up the topic of AI to save U.S. stocks, AI3 has not found any profit margins so far. It must be the depreciation trend of the U.S. dollar, which makes people sell U.S. dollars to buy gold, resulting in the general loss of gold. appreciation.
Now the United States is speculating on Bitcoin, and Bitcoin is rising, inducing people to sell U.S. dollars in large quantities to buy Bitcoin. On the one hand, the speculation on Bitcoin has caused a lack of liquidity in the U.S. dollar, leading to a strong U.S. dollar trend. It also cooperates with tax cuts to allow overseas assets to be sold and liquidated to flow back to the United States in the form of U.S. dollars to purchase Bitcoin. And since Bitcoin is priced in US dollars. The United States wants to list Bitcoin as a reserve currency. As a result of speculating on Bitcoin, gold will depreciate and form a strong dollar trend.
On the other hand, as U.S. debt rises, excess U.S. dollars appear. As Bitcoin rises, Bitcoin can be used as a reservoir for excess U.S. dollars. To reduce U.S. dollar liquidity and prevent the U.S. dollar from depreciating and causing inflation. The rise of Bitcoin will reduce the number of people buying gold and instead buy Bitcoin, causing gold to depreciate and the US dollar to appreciate, which will also hit countries that sell US dollars to buy gold.
Preventing de-dollarization of countries in the Global South, including China, will help American Jewish capital continue to maintain dollar hegemony in the form of Bitcoin, another dollar-denominated reserve currency. This will allow us to continue to harvest the wealth of other countries with dollars and prevent excess dollars from imploding in the United States.
By leveraging the wealth effect of Bitcoin, Chinese private wealth will flow out to buy Bitcoin, thereby increasing China's wealth and hollowing out the Chinese economy. This is tantamount to the United States launching another wave of speculation on Bitcoin, using it as a tool for Chinese private wealth to flow out of China. Indirectly hitting the Chinese stock market. And crack down on gold prices to prevent China from selling dollars to buy gold and de-dollarizing it. This is the new financial war in the Trump 2.0 era.
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