The U.S. government's "shutdown crisis" is escalating! Is Bitcoin about to take on the banner of safe haven?
Brothers, this time the U.S. is really in big trouble! The government has been shut down for almost a month now, and don't think it's just a "farce"—now even bank bosses are shouting: the economy is starting to run a fever!
U.S. Bank CEO Moynihan directly revealed: once the government shuts down, the entire system gets stuck. IPOs can't be approved, data can't be released, contracts can't be signed, and corporate loans are also stuck. It's like a blue screen on a computer; the entire system is "crashing."
What's even more outrageous is that hundreds of thousands of government employees' accounts at U.S. Bank are now all forced to be "cut off". Salaries haven't been paid, loans are delayed, credit is damaged—this is just the beginning of the chain reaction. When people have no money to spend, consumption cools down; when consumption cools, companies lay off employees; and with more layoffs, confidence collapses. The snowball keeps getting bigger, and market sentiment explodes directly.
The most dangerous time point is still during the Christmas season. If this trend continues, the U.S. economy will not only catch a cold but might end up in the ICU. Moody's chief economist has made a strong statement: if this is not resolved, a recession is just a matter of time.
At this time, smart money starts looking for a "safe haven." Gold is being hoarded, and Bitcoin's liquidity is quietly warming up. Why? Because whenever trust in the fiat currency system wavers, funds will run towards decentralized assets.
To put it bluntly, the U.S. government shutdown is just the fuse; what is truly frightening is the collapse of confidence. When the dollar sneezes, the global finance has to follow suit. And in the crypto space, it is always the "early movers" with the most sensitive noses.
Remember this: when others are still worried about the safety of fiat money, those who understand have already started positioning in Bitcoin.
—— Sister Xiao says cryptocurrency
