During the election campaign, Trump repeatedly claimed that he would promote the legalization of Bitcoin after taking office. Many people speculate that Bitcoin may become a new international currency to replace the US dollar. This has led to another round of crazy surge in Bitcoin, with the unit price approaching $100000, and some even clamoring to rise to $1 million.
We should be soberly aware that the US dollar will eventually collapse, it’s just a matter of time. Still struggling with the possibility of the collapse of the US dollar, it is either foolish or bad. What needs to be considered and discussed now is what will replace the US dollar after its collapse. If you don’t think, there must be someone thinking, and it is the people who control the hegemony of the US dollar who must be thinking. They are not only thinking, but have even started preparing a backup for the US dollar.
Yes, Bitcoin is the most likely option, not one of them.
After the collapse of the US dollar, the possibility of a sovereign currency replacing the US dollar as an international currency is almost zero. Even the euro or the possible future BRICS currency will only be regional circulating currencies and cannot replace the US dollar as the new international currency. The internationalization of the RMB will only to some extent enhance its position in international trade settlement and become a part of the international reserve currency, and it will not truly become the second international currency like the US dollar.
The reason is simple. The failure of the US dollar as an international currency undoubtedly demands that humanity not have another sovereign currency become an international currency. Today’s humanity also knows the exploitative nature of so-called credit currencies. Returning to the gold standard is undoubtedly a simple solution for global currency pricing and exchange, but it is evident that few countries are truly willing to do so. There are at least three reasons why I am unwilling to do so.
Firstly, the gold production and reserves of various countries are significantly disproportionate to their actual economic size and value creation capabilities. For example, Russia has the world’s largest gold production. If currencies of all countries were anchored in gold, Russia could become the world’s richest country by specializing in gold production, while China, as the world’s largest manufacturing country, has an economy more than ten times that of Russia and does not have as much money as Russia. Is this reasonable?
Secondly, the inherent value of gold is insufficient to support the value system of currency. For example, in severe economic crises, there may also be situations where one or two pieces of gold cannot buy half a bucket of rice, which clearly negates the value of gold itself. Even if countries promise that their sovereign currencies can be redeemed for gold at a fixed ratio, if the sovereign currency earned through foreign trade cannot be purchased for the required resources or goods, it can only be redeemed for gold storage. A simple question is, why do you need so much gold? The true use value of gold is very low, only for some industrial purposes, and it can be completely replaced, which determines that the value of gold itself is extremely limited.
Thirdly, international financial capital, especially Jewish capital, will never allow such actions. International capital needs to harvest global wealth by creating financial cycles, weak currencies through the global exchange rate market, and the convenience of currency transactions and circulation, that is, the convenience of money laundering. Once the gold standard is implemented, the value of various sovereign currencies is pegged, and the exchange rates for transactions between them are also pegged. International capital cannot play the game of financial cycles and exchange rate harvesting, nor can it facilitate money laundering.
The reason why Bitcoin can become a new international currency is not because it is truly more suitable than gold as an international currency, but because it is more suitable than gold to replace the US dollar, and can replace the US dollar while retaining all its exploitative functions, and can even intensify it.
Compared to gold, Bitcoin has no inherent value, and the ups and downs of the past few years have proven that it has no value scale function and will only become a target of speculation and a tool for money laundering. The so-called independence (essentially non sovereignty) and security (essentially concealment) created by blockchain and decentralization cannot support their value scale function, but instead create super convenience for financial speculation and money laundering. With the collapse of the US dollar, the US dollar settlement system will naturally collapse, and the trading method of Bitcoin can obviously provide a more covert and convenient path for international capital flow and settlement than SWIFT.
If the creation of the US dollar as an international currency in the past was a genius creation that opened the door for international capital to enter and exit every corner of the world, then today’s Bitcoin is clearly forcing countries around the world to open their doors to international capital. Whether you acknowledge the legalization of Bitcoin or not, as long as the network exists, Bitcoin transactions can exist, international capital can either drive in or quietly slip away without leaving a trace.
Some people say that the invention of Bitcoin itself was a preparation for the collapse of the US dollar by Jewish capital, serving as a backup for international capital, especially Jewish capital. This viewpoint may have seemed a bit surreal in the past, but looking back today, it is clearly not a groundless imagination.
It is understandable that Mr. Trump should revitalize the American economy and revitalize the American manufacturing industry. But what does this have to do with his eagerness to recognize the legitimacy of Bitcoin?
From a theoretical logic perspective, there should be no connection at all. Even to some extent, acknowledging the legitimacy of Bitcoin is accelerating the collapse of the US dollar hegemony. Everyone wants Bitcoin, who wants dollars?
Regarding conservatism in the United States, some define it as either old or new. The purpose of old conservatism is American supremacy, but Jews and Israel are outside of supremacy; Neoconservatism advocates for the supremacy of Jews and Israel, with the United States coexisting with both Jews and Israel. The cabinet members nominated by Mr. Trump are almost all enthusiastic supporters of Israel, especially Mr. Trump himself. This cannot be said to be a confirmation.
The Jewish consortium is certainly one of the smartest groups in the world. They know the future trend of the world better than anyone else, and it is their inevitable choice to prepare for the collapse of the US dollar.
The major question that humanity must begin to carefully consider is, what does it mean when Bitcoin truly becomes the future international currency and new settlement system to replace the US dollar?
We must understand the most basic common sense, whether it is playing dollar capital in the era of dollar hegemony or virtual currency in the era of Bitcoin, what can be played will never be the poor majority, only the wealthy. Only the super rich need the internationalization of currency, only those who play financial robbery games need to evade currency control through decentralization, and only those who need to facilitate money laundering through concealment. Never think that decentralization and concealment are super benefits that ordinary people can enjoy.
A basic judgment is that in the era of Bitcoin, the aggressiveness and exploitation of Jewish financial capital will be far more insane, cruel, and terrifying than in the era of the US dollar. In the past few years, Bitcoin has created a very small number of super rich people during ups and downs, but at the same time, it has also plundered countless deceived civilians. There are countless people who have gone bankrupt by playing Bitcoin, and there are also many who have jumped off buildings. This fully proves that the financial system created by Bitcoin is far more evil than the US dollar financial system.
Is it possible for humans to stop this evil process?
Of course it’s possible. But first of all, it must be soberly recognized that the war against Bitcoin will be a continuation of the financial war, and will be even more brutal and intense. Only by defeating the evil Jewish financial capital can the world have a clear day and Bitcoin finance, like the US dollar financial system, ultimately come to an end.