This wave of BTC surge is not a bull market, but a conspiracy!

You think that when Bitcoin breaks the new high of 110,000, it's just the beginning of a bull market; in fact, this is the United States resolving the harvesting war on U.S. debt on-chain. Before June 30, the U.S. will begin repaying 6 trillion in U.S. debt. The process of finding a buyer for U.S. debt, including the rise of BTC and the start of the tariff war, is all about seeking a buyer for U.S. debt. So who used to buy U.S. debt? It was bought by institutions and countries, but now institutions and countries are no longer buying because U.S. debt is facing a risk of collapse. Not only is no one buying, but many countries are starting to sell U.S. debt. If institutions are not buying, then individuals have to buy, but why would individuals buy?

Only if there is profit to be made will someone buy; thus, in the cryptocurrency circle, BTC begins to rise all the way, breaking previous highs, creating wealth effects, and retail investors rush in. In fact, it's just helping the Americans to offload their U.S. debt.

Recently, you can see that the stablecoin bill passed by the U.S. looks compliant on the surface, stabilizing the market.

In reality, it is using BTC and USD to allow the U.S. Treasury to buy U.S. debt, extending the life of the dollar hegemony. The new bill states that any compliant stablecoin, such as USDC, must have 100% of U.S. dollars or U.S. Treasury bonds as reserves.

In other words, if you want to buy a one-dollar stablecoin, the issuer must take one dollar to buy U.S. debt, or put it in a dollar account.

If you carefully analyze this logic, you will find that the more people there are in stablecoins, the more buyers there are for U.S. debt. This is not regulation; this is an on-chain version of an automatic distribution system for U.S. debt!

So, don't think this is a bull market, and don't think that issuing USDT is just for buying coins; the core issue is to resolve U.S. debt.