On December 18th at 3 AM (Eastern Time) on December 19th, Powell solemnly announced on the stage of a press conference, 'The Federal Reserve is not allowed to hold Bitcoin, and we have no intention of changing relevant laws.'

What was meant to be a serious official statement has become somewhat absurd due to Powell's wording and timing. The market reacted sharply, and onlookers couldn't help but chuckle to themselves.

After all, Old Powell's words subtly reveal a contradictory obsession: a person who claims to be 'insulated' from Bitcoin is so fixated on emphasizing the distance from it. This almost 'don't mind me' attitude resembles a child wanting attention.

'The Midnight Thunder'

Following the press conference, Bitcoin plummeted, dropping nearly 5% within an hour. Some market analysts jokingly remarked, 'It seems Powell's statement is more effective than Bitcoin miners.'

Meanwhile, social media is flooded with jokes and ridicule:

  • One netizen wrote, 'Is Powell afraid that one day he secretly bought Bitcoin and got caught? This statement sounds like a precautionary measure.'

  • Another commented, 'Thanks to Powell for this price drop; finally, I can pick up some cheap coins!'

Powell's secret dream?

Despite Powell's repeated emphasis on 'never touching Bitcoin', rumors continue to swirl. Insider sources claim that Powell may not be completely ignorant of cryptocurrencies. Some even speculate that he might have a metal commemorative coin engraved with 'BTC' hidden at home, which he takes out daily to ponder why it drives the world so crazy.

Regardless of whether these rumors are true or false, Powell's 'indifference' towards Bitcoin raises the question: If he truly ignores Bitcoin, why does he emphasize its importance each time? Is it simply because 'sour grapes'?

Consequences and Reflections

After the press conference, the financial market was in an uproar. Although Bitcoin fell, many investors saw it as a great opportunity to buy at a low price. Some even joked, 'The more Powell suppresses, the stronger Bitcoin gets.'

Just hours after the press conference, a parody video quickly spread online. In the video, Powell is edited to appear as a miner swinging a large hammer, frantically pounding the words 'decentralization' on a computer screen, with the voiceover saying, 'I'm not a miner, I don't like Bitcoin at all!'

This dramatic 'Powell Speech' not only failed to truly shake Bitcoin's status but became a topic of great interest. Perhaps his statement resembles an absurd play, a rare comedic performance in the modern financial world.

In the future, when Bitcoin's price rises again, people may thank Powell for providing a rare 'buying opportunity'. His name might become a footnote in Bitcoin's history - the one who tried to distance himself from Bitcoin but inadvertently became its promoter.