The pie has risen to over 100,000 US dollars. Many people don’t understand the top pornographic figures that have just been inadvertently revealed in the United States. seek. In the face of this, different groups of people have too many small thoughts, and some people are still trying to be clever. This may destroy our competitive advantage in the game of great powers.
1. America’s harvesting tools? So narrow-minded!When it comes to pie, what is the first reaction of many people? This is a conspiracy of the United States, a tool specially used to harvest people.
This kind of knowledge is too shallow, and I neither understand the market nor the trading.
In the financial market, when it comes to harvesting, you must rely on your strength to speak for yourself. Only when you are qualified to be a banker, and you control the long and short power of the market and can influence the price, can you be qualified to harvest.
If you want to harvest, you have to rely on your strength to speak for itself. For example, when Soros attacked Hong Kong and the Hong Kong dollar, he also wanted to harvest through strength, but he did not expect that Hong Kong was backed by the mainland. In the end, they did not do so.
China and the United States have not yet competed in this market, but you have dwarfed yourself and believed that others want to harvest you. Why don't you think about harvesting others? In order to prevent others from harvesting you, you cut off your arms, destroy your future, and shut yourself up and stop playing with them?
Some people will say that if China decides to enter the game, then the US emperor will not play this game. They believe that as long as there is a field where others are powerful, the United States will definitely not play and will start over.
It is really too diode to understand the game between great powers. As long as it is related to the future situation, the American emperor will not only not turn over the table and not play, but will also use all means to get it back.
For example, manufacturing. The manufacturing capabilities of the United States are among the best in the world. The United States was indeed unable to compete with us before, but did they give up on manufacturing and abandon manufacturing? Of course not, they are trying every means to revive manufacturing, bring manufacturing back, and make American manufacturing great again.
The same goes for the big pie. Everyone who knows it knows that it will definitely be an important strategic reserve in the future. Even if people just start playing, if the United States discovers its importance, the United States will definitely compete desperately instead of worrying. I was harvested and gave up on this game.
Speaking of harvest, how do you understand China’s foreign reserves buying gold? According to the logic of self-dwarfing, the United States’ gold reserves dominate the world. When we buy gold, aren’t we afraid of being harvested by the United States?
As for harvesting, how much pie do you have now? $19 billion?
Is the United States so strenuously manipulating and controlling prices, using high and low prices, to scrape some gold dust from your $19 billion? Is it worth it?
In terms of harvest, our gold reserves are worth close to 190 billion U.S. dollars, and our total trade volume with the United States is more than 700 billion U.S. dollars, etc. Isn’t this point better than extracting oil and water from the pie?
So, if you only think about harvesting by American imperialism, it only shows that your thinkingIt is too narrow-minded and does not understand what the United States wants to do and what it is doing.
The pie exceeds US$100,000, and there is indeed an American conspiracy behind it. This conspiracy is much more powerful than the so-called harvest.
2. Price changesLet’s first take a look at why its price exceeded 100,000 US dollars on December 5.
News 1: Trump will nominate Paul Atkins as SEC Chairman. Paul Atkins’ biggest characteristic is that he supports cryptocurrency and has repeatedly called for less regulation of cryptocurrency.
News 2: Federal Reserve Chairman Jerome Powell said that Bitcoin is a speculative asset like gold, not something comparable to a currency.
“It’s like gold, except it’s virtual,” Powell said. “People don’t use it as a form of payment, they don’t use it as a store of value. It is very volatile. It is not a competitor of the US dollar, but a competitor of gold.”
Message 3: Putin lit another fire, saying that the big pie is better than the US dollar reserve. It can't be banned either.
Putin said, "Because they are new technologies. No matter what happens to the dollar, these tools will develop in one way or another, because everyone will work to reduce costs and increase reliability."< /p>
Affected by this, the price of the pie exceeded 100,000 US dollars in one fell swoop.
Then it stayed above $100,000 for almost a full day. What does this mean?
In the long history, the pie has had several key price levels, such as parity with the U.S. dollar, which is $1/piece; parity with gold, which is $1,242/piece; and various integer levels. , $10,000, $100,000, etc.
Among them, US$100,000 is an important round number.
We know that whether it is stocks, exchange rates, etc., when it breaks through an important threshold, it usually pulls back immediately after stepping on the line, and then continues to rise after consolidating for a period of time.
Because at key points, too many previous people took profits, and these original longs turned into shorts.
This situation of breaking through the key price in one fell swoop only shows one thing. The power of the buyer is too strong, causing almost 200,000 short positions to be liquidated.
It is said that someone’s new love is not someone else’s old love. The reason why the pie has grown so much is because too many people want to treat it as their new love, and many people recognize its value.
Then the price of the pie plummeted again, falling rapidly from over 100,000 US dollars to below 93,000 US dollars, causing more than 210,000 long positions to be liquidated.
Why did it crash again?
Former U.S. Treasury Secretary Summers said something to warn Trump, Musk, and the cryptocurrency investors behind them.
Summers said: “Some people say that we should establish some form of BTC reserve. This idea is simply crazy! In addition to catering to generous special interest campaign donations,There is no reason other than helpers. ”
But the momentum of the pie was too strong. After only one day of decline, the price returned to above 100,000 US dollars.
3. The game behind the priceHow to treat Trump and What are the similarities and differences between Summers?
Xinhua News Agency talked about a key issue in this commentary: This is projection on
In 2019, Trump said, “I don’t like Bitcoin or other cryptocurrencies. They are not currencies. The value of these things is illusory and extremely unstable. Unregulated cryptocurrencies facilitate illegal activities, such as drug dealing or other criminal activities. ”
In 2024, Trump said, “I am formulating a plan to ensure that the United States becomes the global cryptocurrency capital and the world’s Bitcoin superpower. ”
Why did Trump change his attitude? Because he is the first major political party candidate in American history to accept donations from Bitcoin and cryptocurrency.
Take the money and do the work yourself If you are successful, you will naturally want to give back to those donors, so your attitude has changed 180 degrees.
This shows from the side that institutions that hold or engage in Bitcoin and cryptocurrency transactions are in the United States. They began to look for the speaker.
Why did Summers object?
Who is Summers, a professor and president of Harvard? They are both famous economists, and my uncle is the famous No. Prize winner Paul Samuelson, whose uncle is also a Nobel Prize winner in economics, is also the former Secretary of the Treasury of the United States.
In a word, Summers is a representative of the traditional financial elite in the United States. /p>
He opposes Trump’s cryptocurrency , is determined by his class and the interest groups behind him, because the newly rising group of people threatens the interests of their group.
In other words, after the pie reaches 100,000 US dollars, the price will increase. Behind the fluctuations is indeed the game between different interest groups in the United States.
4. The real conspiracy of the United States! There are games between different interest groups, but the trend is basically determined, and as the game intensifies, Americans will become more supportive of the big pie’s views and plans.In the past, in the initial stage of the big pie, everything was different. It is very wary of all kinds of alarmism like the above comments. The United States is even more nervous, fearing that it will threaten the hegemony of the US dollar.
Now. The situation has completely changed.
We removed the noise from the remarks of the above figures and extracted key words: Powell said that the big pie is virtual gold; Summers said, BTC reserves; Trump, deregulation (encourage support).
What does it mean?
The big pie is virtual gold, another form of gold, which is not a threat to the US dollar. . The United States is about to relax and prepare to take the pie into reserves.
This means: the Bitcoin dollar is about to be born.
After the gold dollar and the petrodollar, it is another grand project to maintain the hegemony of the dollar.
This is the real conspiracy of the United States behind the $100,000.
What is even more regrettable is that we gave these to others, allowing the United States to win effortlessly.
When the United States created the gold dollar, it relied on the fact that all the major powers in the world were devastated during World War II. The United States made a fortune from the war and once owned 60% of the world's gold.
Then in 1944, the United States convened 44 countries around the world and signed the "Bretton Woods Agreement." Under the Bretton Woods system, the currencies of various countries were pegged to the U.S. dollar, and the U.S. dollar was pegged to gold, also known as the "double peg."
The gold dollar was officially born and established the hegemony of the US dollar.
After the Bretton Woods system collapsed and the U.S. dollar was decoupled from gold, the hegemony of the U.S. dollar was once in crisis, and the U.S. dollar suffered a global sell-off.
In order to establish a new dollar hegemony system, the U.S. dollar was anchored to oil. The United States reached an agreement with Saudi Arabia, the world's largest oil producer at the time, and determined to use the U.S. dollar as the oil pricing currency and extended it to other OPEC oil producers. country.
At this point, the United States has created petrodollars to maintain dollar hegemony.
In order to create a petrodollar system, the United States even went so far as to launch a war. In order to maintain the petrodollar system, the United States does not hesitate to launch wars.
For oil-producing countries, the United States will send troops to fight against oil-producing countries that do not use U.S. dollars, then support pro-American people, or impose economic sanctions, etc.
But in recent years, the petrodollar has shown signs of collapse, and the United States has also given up on the idea of voluntarily giving up because the petrodollar can hardly continue to play.
How do petrodollars cycle? The oil-producing countries in the Middle East produce oil, which is sold to the United States, and they receive dollars. After the United States buys oil, it uses it for production. After receiving US dollars, the oil-producing countries in the Middle East purchased weapons or US debt from the United States.
In this way, the U.S. dollar went round and round and returned to the hands of the United States. The United States gets oil, the Middle East gets weapons or U.S. debt.
However, in recent years, U.S. oil extraction technology has advanced by leaps and bounds, and shale oil output has exceeded imagination. As a result, the United States is no longer a major crude oil importer. Instead, the United States has become a crude oil exporter, competing with Middle East oil-producing countries for food.
In addition, the Middle East does not want to hold a pile of US debt in their hands. They want to exchange it for various weapons or commodities.
As a result, the petrodollar will no longer be able to play.
In this case, the United States has actually tried to change the anchor, such as anchoring the US dollar to carbon emissions and creating a global carbon dollar. It turned out that the U.S.’s carbon emissions were too great and this project couldn’t work.
Now it is almost clear that the U.S. dollar will "anchor" Bitcoin, create a Bitcoin dollar, and continue the hegemony of the U.S. dollar.
5. Can Bitcoin and USD succeed?Let’s first take a look at the regulatory process in the United States.
After many games, evenWhen it came to arresting people, the United States found that it could not stop the big pie, so it began to strictly supervise them.
FinCEN’s rights come from the U.S. Bank Secrecy Act (BSA), which clearly stipulates that if the virtual currency business involves the generation (acquisition), transfer, and transaction of virtual currencies, then Should be subject to BSA regulations.
In March 2014, the IRS defined virtual assets as “property” [20] for tax purposes, which is different from the definitions of the CFTC, SEC and FinCEN.
In 2015, the CFTC implemented supervision on Bitcoin. In the enforcement action against Coinflip, Inc., the CFTC defined Bitcoin as a “commodity” under the CEA. Under the CEA, futures, options, swaps and other derivatives contracts that reference the prices of cryptoassets that constitute commodities are regulated by the CFTC.
In January 2024, the SEC stated that it had approved the listing and trading of spot Bitcoin ETFs through expedited mode. Approved spot Bitcoin ETF issuers include: Grayscale, Bitwise, Hashdex, iShares, Valkyrie, Ark 21Shares, Invesco Galaxy, Vaneck, WisdomTre, Fidelity and Franklin.
Judging from the U.S.’s experience in regulating the big pie, although it is very strict, to some extent, it also recognizes the status and value of the big pie.
At present, the most stringent supervision is in the U.S. SEC department. Zhao Changpeng and other big guys have been screwed by the U.S. SEC. Now Trump has nominated Paul Atkins, and if he encourages the development of this industry, the obstacles to building a Bitcoin dollar will be cleared.
Now California in the United States, Vancouver State in Canada, etc. are preparing to incorporate the big pie into their finances.
In a word, whether proactively or passively, the world's supervision and acceptance of the big pie has been increasing.
In addition, judging from the current distribution of big pie holdings, the United States actually already dominates, especially when U.S. private companies are included, the United States is even more dominant.
In fact, these are the results of us giving up to others. I think back then, we were the world’s largest pie holder, with 80% of the world’s mining computing power here.
In short, from a layout perspective, the United States has the opportunity to create a Bitcoin dollar and has never maintained the hegemony of the U.S. dollar.
We need to be clear that Bitcoin dollars and gold dollars are essentially the same.
What does it mean? The U.S. dollar cannot return to the gold standard, and a complete Bitcoin dollar cannot be realized.
However, if we have enough gold and virtual gold (big pie), then when the global order is restructured in the future, we will haveThere are enough chips and faith.
Don’t you think about it, if the price of gold is so high, why do our official reserves keep increasing our gold holdings for more than ten consecutive months?
This is related to the future of great power competition.
Seizing the commanding heights of the future game is the real conspiracy of the United States behind the $100,000.