#BTC再创新高 BTC This wave of rising is not a bull market, but a carefully planned conspiracy!

Did you think that Bitcoin breaking through 110,000 was the prelude to a new round of bull market? Not at all, behind this lies the on-chain harvesting war that the U.S. is using to resolve its debt crisis. Before June 30, the U.S. needs to repay 6 trillion in debt, and the key now is to find a buyer for U.S. debt. Historically, the main buyers of U.S. debt have been central banks and large institutions, but the situation has changed — the risk of U.S. debt collapsing has made these major players back off; not only are they not buying, but many countries are also accelerating their sales. With the main players absent, the U.S. has turned its attention to individual investors. But why would individuals buy? Only by creating the illusion of 'profitability' can it work, so the crypto space's BTC has been pushed to the forefront, rising all the way to break previous highs, using false wealth effects to lure retail investors in. In plain terms, it's about getting retail investors to help the U.S. take over U.S. debt.

Looking at the recent stablecoin legislation passed in the U.S., it appears to be regulating the market and promoting compliance, but in reality, it is using BTC and USD to allow the U.S. Treasury to covertly increase its holdings of U.S. debt, prolonging the life of the dollar's hegemony. The new law stipulates that issuers of compliant stablecoins like USDC and USDT must hold 100% of their reserves in dollars or U.S. Treasury bonds. This means that for every 1 dollar of stablecoin issued, the issuer must use 1 dollar to buy U.S. debt or deposit it in a dollar account. A closer inspection of the logic reveals: the more users of stablecoins, the more 'automatic buyers' of U.S. debt there will be. This is not regulation, but rather an on-chain version of the automatic distribution system for U.S. debt!