Analysis and Interpretation of the 'Big and Beautiful' Bill on the Crypto Market
(The Great and Beautiful) bill itself does not have a direct impact on the crypto market, but the crypto market is inherently global and highly market-oriented, so it will be affected indirectly.
Based on the recent information we have, the fiscal deficit in the United States will definitely become more severe in the future, but will the U.S. collapse so quickly?
It will not happen. Although the U.S. is on the decline, a skinny camel is still bigger than a horse. Moreover, pulling one hair can move the whole body; the dollar's penetration into various countries and fields worldwide has reached a point of 'too big to fail.' Therefore, at least for the next few decades, it is unlikely to collapse suddenly. Instead, it will gradually reduce the influence of the dollar through Eastern intervention.