$TRUMP

Let me briefly talk about my views on Trump.

Trump has transformed from an opponent of cryptocurrency to a leader in support of cryptocurrency, and he is also the new president of the United States. What is the purpose of his move? Some people say that it is to test his financial status and to suck blood and make money.

But we think about the logic behind it. Buying cryptocurrency requires exchanging it with US dollars. This step greatly improves the liquidity of the US dollar, and issuing tokens does not require too much cost. Instead, it can further consume excess US dollars when necessary. So is there a possibility that the original gold and US dollars, oil and US dollars, will be transformed into a new endorsement: cryptocurrency and US dollars?

Everyone knows that to buy cryptocurrency, you have to exchange it with US dollars. This step is unavoidable. It attracts global investors to use US dollars to denominate, thereby consolidating the dominant position of the US dollar and further regulating the market rhythm.

And this behavior was issued before taking office. It was reasonable and legal in the early stage. When taking office, the token not only had political significance, but also further consolidated its position.

Through this behavior, Trump affirmed one thing about the crypto market. He can try to save and resolve the internal economic crisis of the United States by binding the relationship between cryptocurrency and the US dollar.

In the short term, too much speculative noise has caused these behaviors to be overpriced, resulting in large fluctuations, so that the entire crypto market has been sucked dry, and the wealth-creating effect will not last forever. But in the long run, this will be a brand new investment channel and a powerful debt-reduction tool.