Recently, thirteen departments issued policies on stablecoins, and many people are unnecessarily worried, thinking that buying and selling U will be illegal in the future, and believing that this policy will cause Bitcoin to drop below 50,000. However, my thoughts differ from theirs, and I want to share my coping strategy.

I don't use USDT for trading at all; I buy and sell BTC directly through C2C. If everyone is eager to exchange USDT for cash, and a cash run occurs, USDT will definitely be quickly exchanged for BTC. It’s possible that the price of BTC will instantly skyrocket, directly entering the million-dollar era.

After this policy was released, the market didn't immediately drop. The policy came out on Sunday, and there was no price movement; it only dropped on Monday. This drop was mainly because the Japanese were going to raise interest rates, which had nothing to do with the policy, and later it even rose. This indicates that the policy no longer holds much weight and is ineffective, potentially even counterproductive.

In fact, this policy is also a reluctant measure, as it technically cannot solve the problems of money laundering and capital outflow. CNY can also be used for money laundering, and currently, the amount of dirty money being laundered secretly is much more than the amount openly reported by the Japanese, with a global total of 1,000 trillion, while the openly reported amount is only 380 trillion. The entire cryptocurrency market is only over 20 trillion, and the dirty money involved is less than 0.5%.

The policy states that using USDT for illegal activities is illegal, but USDT itself is not illegal. I buy and sell USDT normally, without using it for money laundering or capital flight, so there’s no problem. It’s likely that some people who hold more BTC and USDT than the average person are deliberately creating panic. The Japanese clearly stated that holding BTC and other cryptocurrencies is not illegal, but using cryptocurrencies for illegal activities is not allowed, and businesses providing convenience, such as opening exchanges, ICOs, or using USDT for foreign exchange, are also prohibited.

Back to the main topic, you can place an order to sell Bitcoin for 1 million dollars in advance, and then exchange it back to USDT once it sells. USDT may temporarily unpeg, but this is not due to systemic risks caused by Tether's collapse; the price will rise back after a while, allowing you to make a big profit. #币安区块链周 #迷因币ETF

Market conditions change every day, so don't get too stressed. If you always feel like you're a step behind and are afraid of being disturbed by market noise, feel free to chat at 聊天室.