Yesterday we discussed whether BTC's future can replicate the century-long bull market of the Nasdaq.

The question I raised is, if the dollar is to form global hegemony, should the United States be the largest importer or the largest exporter?

Many smart people would say, it must be the largest exporter, leading in technology and selling things to the whole world to be the strongest nation, which is a huge mistake.

The answer is the largest importer. First, the dollar must be circulated into the hands of the world, and then provide strong value assurance for the dollar, such as the Bretton Woods system, where $35 is always equal to one ounce of gold. This means, first spend the dollar, then provide strong value assurance, ultimately making the dollar a global currency.

For example, in World War II, the United States was the largest beneficiary because at that time, America was a strong industrial manufacturing nation, just like today's China, an industrial giant. The United States was the largest exporter then, but there was no dollar hegemony at that time. After World War II, the U.S. proposed the Marshall Plan, officially planning to control the global economy through dollar hegemony. Subsequently, in 1945, the Bretton Woods system was enacted, where $35 was always equivalent to one ounce of gold, and dollar hegemony began to emerge.

The industrial sector of the United States gradually flowed out, accelerating its deindustrialization and fully transitioning to a financial and technological powerhouse. This is also why Trump often claims that American industry has become hollowed out and he wants to accelerate the return of manufacturing.

Because dollar hegemony inevitably accompanies industrial hollowing, Trump's call for the return of manufacturing and dollar hegemony is inherently contradictory. Here, Trump thought of a solution: BTC.

...... Everyone can fill in the blanks.