Three years ago, a think tank called 1945, formed by a group of former U.S. diplomats and national security experts, analyzed the challenge of digital yuan to dollar hegemony. They stated that digital yuan does not require wifi, especially in Belt and Road Initiative countries, where people without bank accounts and internet access can also use digital yuan.
These new challenges require the U.S. to adopt a multi-faceted strategy to bolster confidence in the dollar. They exaggeratedly claimed that America must learn to be patient and innovate financially to maintain dollar hegemony.
Three years later, the usage of the dollar has not only not decreased but has actually increased, with its share in global payments soaring to 50%. The dollar's status as the world's reserve currency remains largely unshaken.
The strengthening of the dollar has led to funds not only staying in the U.S. stock market but also attracting a significant amount of capital back in. Although the Federal Reserve has continued to lower interest rates, U.S. stocks are still hitting new highs. Meanwhile, Trump came to power and proposed BTC as a national strategic reserve. BTC, which was around 60,000, has surged close to 100,000. In the future, Trump is expected to officially move into the White House. It is possible that in this bull market, BTC prices could reach a peak of 200,000, or perhaps even higher. $BTC