This year, I have been pondering a question: Trump is globally calling for support for Bitcoin, and institutions like BlackRock are buying frantically every day. What exactly does the U.S. want to do with Bitcoin? The core of Bitcoin is decentralization, while the U.S. is a centralized institution. These two are inherently contradictory. Is it possible that Trump is doing this for faith? I don't believe it. A businessman won't act without profit. I think he is planning a big battle, a showdown of global capital. With U.S. debt going down and the dollar weakening, he must find a suitable tool with enough control before the economic crisis. It is clear that the crypto market is a grand chess game set by Trump.
Since the beginning of this year, the U.S. has clearly been actively embracing the crypto market. Why? Currently, the biggest problem for the U.S. is that its debt has reached 35 trillion, with 7 trillion in foreign debt held by foreign governments and institutions. A high debt ratio is bound to be unsustainable, and the U.S. knows this better than anyone.
However, currently, conventional means cannot solve this problem. This is why they are calling on the world to embrace the crypto market, controlling computing power through electrical resources, and then leveraging Wall Street's capital, BlackRock, and other institutions to control more coins. When they have enough chips, it will be time to swing the sickle.
The first step is to take Bitcoin as a national reserve. When other smaller countries see that the big brother recognizes Bitcoin as national reserve funds, they will follow suit and stock up on coins, thus achieving a global consensus.
The second step is to raise the price of cryptocurrencies so that the whole world can feel the strength of the crypto market and understand its value.
The third step is for the U.S. to announce that it will start repaying debt with Bitcoin. Whether you want it or not, you have to take it, because I have no money, only Bitcoin.
The fourth step is to start dumping after the foreign debt is almost paid off. Wall Street controls the market and frantically sells off, forcing other regions to hand over their low-priced chips. The fifth step is to notify Wall Street to prepare to buy at low prices.
The sixth step is to find the right opportunity to retell the narrative and hype it up again, repeatedly raising the currency until one day it is used up.
Overall, after one round of operations, the total amount of coins held by the U.S. hasn’t decreased, all debts are paid off, and the financial crisis is left for smaller countries like Japan to clean up.
This year in the bull market, institutions are fully entering the market. The situation is not as simple as we think; global capital is fighting fiercely, and retail investors will surely suffer. What we need to do is follow the cycle of speculation and cherish the chips in our hands, buddies. When the tide rises, the boat rises, and we just need to follow along and enjoy the soup.
[This story is purely fictional. Any resemblance to actual events is purely coincidental.]