Can we talk about the future of cryptocurrency?
The world economy looks at the American empire.
There is an interesting point: during his first term, the understanding king opposed cryptocurrency, cracking down on Bitcoin, viewing it as a competitor to the dollar.
However, this time he has turned to support it, whether it is his own transformation or being persuaded by others.
It seems he wants to treat cryptocurrency as an auxiliary currency to the dollar, used to suppress other currencies—an instrument for extracting resources from other countries.
Most places in the world have some form of foreign exchange control, and most currencies cannot be freely exchanged.
In recent years, both the stock and real estate markets have been underperforming; much capital has gone into trading U.S. stocks, so how did the money get out?
· Cryptocurrency is an important channel.
Cryptocurrency can address many people's pain points: free exchange, laundering, tax evasion.
If the United States opens up cryptocurrency for purchasing stocks and government bonds in the future,
· then for countries with fewer opportunities to make money, a lot of capital will flow out through cryptocurrency.
· This is equivalent to extracting funds from various countries through cryptocurrency.
In this case, there would be no need for a second dollar to exist.