In the short term, let’s not talk about the implosion risk of the 34 trillion U.S. national debt in the case of the loss of global hegemony and the petrodollar. Even in the long term, the economic volume that China’s digital economy can carry cannot be described by a few words of bargaining chips. Blockchain is the foundation of the digital economy. From China’s push for digital RMB and Europe’s push for digital euro, with Bitcoin as the anchor, the global assets on the chain (domestic alliance chain, foreign asset exchange using public chain) will be at least 500 trillion in volume in the future (this does not include digital assets derived from the digital age). Now the market value of Microsoft and Apple combined is 4 trillion. In the future, multiple technology public chains (except ETH and SOL) will exist in parallel. It is no problem for the market value of public chains alone to exceed 10 trillion U.S. dollars.
Everyone must hold on to the Bitcoin in their hands, the value of the public chain currency. Now is the last round of the boxing match, the bottom of the ninth inning of the baseball game, and the last OT of the basketball game. As long as we can hold on, the United States will return empty-handed and the hegemony of the US dollar will be gone forever.
The United States sucked so much blood from the currency circle and Japan today, just to deal with us. The US debt is high, and the interest payment expenditure has exceeded the military expenditure. In the face of high debt and high inflation at home, the Federal Reserve still gritted its teeth and insisted on not cutting interest rates, just to fight us financially... We are also fighting with the United States on this invisible battlefield. Now the United States is seriously insufficient in physical strength, and has to suck blood from Argentina and Egypt first, and then fight with us, but it still has no results. It can only use South Korea and Japan as its backup energy purple crystal to suck blood before launching the final attack on us. If it still doesn't work... Then the Federal Reserve can't bear such financial pressure, and can only choose to cut interest rates and rest halfway, and the US dollar hegemony will suffer a heavy blow.
The US interest rate hike cannot harvest any country now, it can only harvest its little brother Japan, but what should Japan and South Korea do with the US dollars after harvesting them? Harvesting Japan cannot change the fundamentals of the US dollar collapse. The current US dollar to Japanese yen exchange rate is 160, and the RMB to US dollar exchange rate may exceed 160 by the end of the year! The US dollar is about to become waste paper! ! !
Now, not only China and the United States, but all countries are launching ETFs for virtual currencies. This is the early stage of the bull market. You must hold on to the coins in your hands. The bull market and hyperinflation will come together!
The fundamentals of the US dollar have long collapsed. Now oil is not tied to the US dollar. The annual output value of technology products such as semiconductors is only 800 billion, which is far less than the 34 trillion debt. Not many countries are buying the newly issued US debts. By the end of this year, the US dollar will accelerate to become waste paper. Now those who exchange Bitcoin and Ethereum for US dollars are all big winners.
America is just too arrogant. She always thinks she can win on the front battlefield and wants to control the crypto market 100%. Dongda has already entered the market. According to the five thousand years of thinking and strategy, the move is to cut off all your survival opportunities. Next, not only BTC and ETH, but also various leading coins with technical value will be deployed to block the last survival route of the US dollar capital flight. Whether the US dollar will accelerate the waste of paper depends on the game in the currency circle this year. #BTC #ETH #ALGORAND #algo
When the Chinese and American officials are fighting for the pricing power of cryptocurrencies, everyone must stock up on leading public chain coins in various fields such as algo, fil, hbar, etc. When the official comes, it means that global assets will start to be put on the chain and digitized. Only stable and reliable technology coins that have been verified by real affairs will be accepted by institutions.
The latest news is that the U.S. Securities Trust and Clearing Corporation DTCC has adjusted the collateral value of financial products such as Bitcoin to 0. This move also proves my previous speculation that the United States has begun to clear retail investors in the crypto market, and U.S. official capital will be fully eliminated, competing with the RMB capital represented by the Chinese government for the pricing power of the crypto market!
From a general perspective, the United States is now entering stagflation, economic recession and inflation. The reason for stagflation is that the huge amount of US dollars has lost its hegemony, oil, and the anchoring of Chinese goods. The next US economic indicators and the Fed's interest rate hikes and cuts, including whether the United States passes Ethereum ETFs, are no longer important.
As the most important reservoir of the US dollar, the currency circle is also the last option to reduce inflation. The Chinese government will enter the market through Hong Kong ETFs and use RMB capital to block the last way for the US dollar!
Therefore, before the 30th, US dollar capital will definitely be crazy to collect chips. After the 30th, a huge amount of US dollar and RMB capital will flow into the currency circle, creating a super bull market.
Now that the United States has fallen into stagflation, one of the opportunities to save the U.S. economy is to release funds and go long on BTC and high-tech public chains, allowing digital assets to take over the U.S. dollar. Hong Kong ETFs have come out to represent China's control of the pricing power of the currency circle to absorb the RMB. Before the 30th is the last chance for U.S. dollar capital to seize chips. The currency circle has little time left for the United States.