Trump trade: Bitcoin hit record highs and Tesla hits $1 trillion market cap
Views 17.4M
Contents 3081
$Bitcoin (BTC.CC)$ Bitcoin is decentralized, nevertheless, i...
$Bitcoin (BTC.CC)$ Bitcoin is decentralized, nevertheless, if still within a US dollar-dominated trading system, the US government remains the premise for this system to continue. The US government's own debt is enormous. If creditors holding US Treasury debt also hold a large amount of bitcoin, then the US government can negotiate with these debt holders for the initiative to reduce debt, as the current global economic situation is slowing down, and bitcoin is currently an effective means for assets to maintain value, with the price already reaching one hundred thousand per coin, not only preserving value but also having the potential for appreciation. These creditors with vast funds cannot ignore making some bitcoin allocations in their assets. When this trend becomes more evident, along with the continuous rise in the price of Bitcoin, the US government may have the right to control the entities holding bitcoin US debt rights by issuing alternative bitcoin schemes. Theoretically, it may only need to generate another type of cryptocurrency using a different encryption method. Does this risk exist? If so, then is the US government possibly the driving force behind the recent rise in Bitcoin prices?
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more6 1
jen chye chong : I know it in my heart and stomach.
jen chye chong : So there is such great power.
小皮匠 10323 OP jen chye chong : This is my question, I don't know if it's true.
jen chye chong : This is my personal opinion