Recently, the Ponzi scheme of Bitcoin has been gaining momentum. The biggest obstacle for the United States is how to legitimize Bitcoin as a currency accepted by governments around the world, allowing it to stand alongside the US dollar. This is so that in the future, when the credibility of the dollar is exhausted by US debt, it can start anew and continue the dream of global financial hegemony...

The successive US governments have gone to great lengths for this. First, they helped Bitcoin eliminate all competitors, and now they have placed Bitcoin on the same level as gold, as part of the US strategic reserves.

The biggest problem is that Bitcoin's lack of regulation is its greatest vulnerability. Any responsible government would not allow such a speculative, extremely unstable, and unregulated currency to become the cornerstone of its national economy. Once Bitcoin successfully enters a country's payment system, it will undoubtedly disrupt the normal operation of that country's commerce and even overturn years of accumulated wealth and reserves. Actively embracing Bitcoin is an act of a nation's regime abandoning its monetary sovereignty and seeking its own demise.

It is estimated that only small countries that have completely lost confidence in their own currency, or countries like South Korea, Japan, and the Philippines, which are American colonies, would become testing grounds for Bitcoin.

Not to mention large countries like China and the European Union that pursue financial independence; even developing countries, as long as they can maintain the normal operation of their economy, would shy away from Bitcoin. No matter how high Wall Street drives the price of Bitcoin, it will never escape its speculative nature...