The "#大而美法案 Big and Beautiful Act" (OBBB) is not an isolated event, but rather part of a carefully designed "Washington Conspiracy" along with the "GENIUS Act", "CLARITY Act", and CBDC ban, which systematically reconstructs the global power structure of crypto assets through a dual-track strategy of "fiscal expansion + regulatory reshaping".
OBBB is a declaration of "fiscal dominance", transforming Bitcoin from a cyclical speculative target into an essential asset against inflation, with the upgrade of corporate treasury strategies marking the formal emergence of "digital goods" as a new asset class.
Regulation is not meant to stifle, but rather to construct a "legal fence" under American standards, incorporating the crypto ecosystem into the dollar system and achieving "digital colonization". The market responds to the policy conspiracy with "calm greed"—institutions are trading time for space, waiting for the full release of regulatory dividends.
The United States is replacing "technical hegemony" with "free regulation", accelerating the global gathering of crypto capital and innovation towards America, reshaping the "center-periphery" structure. The outcome of this gamble is still uncertain, but the game is clear: the winner may be American hegemony or the original spirit of crypto, and the two cannot coexist.