#参与创作者认证计划月领 $10,000 Bitcoin's Debasement Trading Theory The Bitcoin debasement trading theory suggests that investors buy Bitcoin to hedge against the devaluation of fiat currencies. As governments expand the money supply through borrowing and monetary stimulus, each unit loses purchasing power. This process is called currency debasement. Bitcoin's fixed supply of 21 million coins and its independence from central banks provide an attractive hedge against this debasement. From this perspective, Bitcoin functions as a "digital hard asset," similar to gold. It maintains its value when trust in traditional money wanes. Global debt continues to rise while inflation concerns persist: this trade is gaining momentum. Investors can position Bitcoin as part of a strategy to protect their wealth from monetary dilution. Satoshi Nakamoto created Bitcoin because the 2008 financial crisis paved the way for it. The genesis block, which the network first ran on in 2009, contained a message referring to the bailout of banks. Therefore, while the mystery surrounding its founders remains, it's clear that this cryptocurrency was created as a solution to traditional financial chaos. Financial markets are generally very reactive to US policy. This is why, with the Trump administration, the market can shift direction suddenly or at the drop of a hat. The recent market crash on October 10th, due to tariff concerns, is an example of this. However, the recovery has been almost as rapid. In fact, when you look back a bit, despite the week-to-week volatility, Bitcoin's price has increased by 50% in the last year. Is currency devaluation bullish or bearish for crypto traders? The term "debasement" sounds serious: it's a cause for concern for market participants. However, the term can be a story to tell in markets that frequently fluctuate based on decisions by US policymakers or global developments. Those who watch the market daily may have a different perspective on debasement: it adds bearish investor sentiment to the overall picture. Longtime Bitcoin believers won't be surprised if the idea of ​​debasement trading becomes a talking point in 2026. It used to be called being a "libertarian" or a "cypherpunk." It wasn't very fashionable then, and until 2016, it was part of Bitcoin's counterculture. Now, it might be. Potential cryptocurrency investors now have far more options than in the cypherpunk days when Bitcoin was the only cryptocurrency. The proliferation of Layer 1s and more favorable regulations have led companies to express interest in different blockchains, which could result in significant value increases for the respective tokens. However, Bitcoin fits the debasement story best. Since the 2020 pandemic, the total M2 money supply, comprised of cash and its equivalents, has increased from approximately $15 trillion to over $20 trillion. Cheap and abundant money has turned Bitcoin's focus and driven its price upward: BTC had fallen to as low as $4,000 during the 2020 lockdown. However, this doesn't mean that a reversal won't occur in response to other macroeconomic developments. Volatility may not always be fun for inexperienced cryptocurrency holders, but it's actually beneficial for traders: daily Bitcoin volume across cryptocurrency exchanges is around $17 billion.

Jim Cramer said, "I don't believe Bitcoin can reach $500,000, let alone $1 million; that's improbable."

#美联储如期降息25基点 Powell finally pressed the 'interest rate cut button' that should have been pressed long ago. At this moment, the investment circle is like students looking forward to a vacation — the Federal Reserve has finally cut interest rates by 25 basis points! The rate hikes over the past two years have pressed global assets down to the floor, and now they are finally being loosened. In the short term, the US dollar index may continue to weaken, US Treasury yields may decline, and gold and Bitcoin are leading the way up, as market sentiment shifts from "nervous" to "risk-taking." However, a rate cut does not equal the start of a loosening feast. The Federal Reserve is being cautious with rate cuts, indicating its concern about balancing economic stability while fearing the resurgence of inflation. I think this is a "gentle probe" - a signal test. If future data aligns, the Federal Reserve will continue to inject liquidity. At this moment, the market feels more like a pre-party warm-up rather than a carnival. Smart investors will raise their glasses with a smile, but they still hold the take-profit button in their hands.