This surge in BTC is not a bull market; it is clearly a meticulously planned conspiracy!

Do you think that Bitcoin's breakthrough to a new high of 110,000 is the prelude to a new bull market? Not at all; behind this lies the U.S. strategy to resolve the U.S. debt crisis through an on-chain harvesting war. By June 30, the U.S. needs to repay $6 trillion in debt, and the key now is to find buyers for these bonds. Historically, the main buyers of U.S. debt have been central banks and large institutions, but the situation has changed— the risk of a collapse in U.S. debt has led these major players to pull back; not only are they not buying, but many countries are accelerating their sell-offs. With the main players absent, the U.S. has turned its attention to individual investors. But why would individuals buy? The only way is to create the illusion of 'profitability,' so BTC in the crypto space has been pushed into the spotlight, surging and breaking previous highs, luring retail investors with a false sense of wealth effect. In plain terms, it's about getting retail investors to help the U.S. absorb its own debt.

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