This is a short post I posted on Weibo: "Money" was originally a "transactional tool," but now it's become a "tool for controlling life and death"! "Stablecoins" have both advantages and disadvantages. Since they are currency, they can form a "closed transaction loop." What does this mean? "Stablecoins" can circumvent "profit income tax"! "Stablecoins" can "rationalize money-making." These are all loopholes that require careful assessment and management of stablecoins! Why does the US impose Trump's tariffs? 1. To rationalize the massive taxation of the public! 2. Stablecoins allow "issuers" to pass on tax evasion to the public! 3. They exacerbate the gap between the rich and the poor. Stablecoins must be monitored; otherwise, the "rich-poor gap" will only worsen. 4. A large number of US dollar stablecoins can help "consolidate the US dollar's market share" and "issue US dollars and US bonds with no restrictions and interest." The real risk to the US dollar lies in "stablecoins"! What is the US trying to do? By increasing the denominator, the numerator will become smaller. What is "finance"? "Finance" is about how to "minimize losses" and how to "pass losses on to others"!
What does it mean if a stablecoin is pegged to a bond? Government bonds can be absorbed by the stablecoin, and no interest is paid! This way, stablecoins could eliminate the need for euros and US dollars to pay interest on European and US bonds! Another way to think about it: Wouldn't this make issuing US bonds and euros even more cost-free? As long as stablecoins are salable, government bonds can be issued in unlimited quantities. This is a huge pitfall, so choose your stablecoin carefully! While their value won't fluctuate as drastically as Bitcoin, they still face the risk of inflation! If you spent $100 on a US dollar stablecoin 10 years ago, you'd still get $100 back 10 years later, but the purchasing power of the US dollar would have declined. This is the risk of stablecoins! How can you combat forex speculation? It's simple! Fix the exchange rate! As long as the exchange rate doesn't fluctuate due to market forces or policies, there's no market for forex speculation! For example, fix the exchange rate of the RMB against the US dollar, euro, and yen. A fixed exchange rate can also stabilize price fluctuations for export products, minimizing losses for both buyers and sellers and further embodying fair trade. In ancient times, the RMB-USD exchange rate was 1:5! Conclusion: The United States is always the source of chaos! The US government is a government that shields and abets crime!!
The United States has always been disrupting world order. Why is it so chaotic? The United States hopes to profit from the chaos! We all know about "traitors." Why are traitors able to sell out their country? Because their country is in chaos, experiencing civil war, foreign war, or both! Although the United States hasn't experienced war, America can profit from the chaos in other countries! I've always been confused about why Trump and American capitalists strongly support "stablecoins," which are a form of "virtual currency"! I always wonder: With so many "deceitful think tanks" in the United States, how can my brainpower alone possibly defeat these deceitful people? I can only do my best to help everyone protect people's wallets! Because playing "financial warfare" and "financial scams" are the strengths of American think tanks! Everyone thinks Trump came to power as a ruthless slasher, but they may not realize how deeply the evil of capitalists is hidden! First, Trump's tariffs are essentially shifting the burden of a "products' tax" onto the American people! The issuance of "stablecoins" has several advantages: 1. The US government can issue unlimited "Treasuries" and "print unlimited US dollars" because stablecoins are pegged to "Treasuries"! 2. The issuance of stablecoins will turn "consumption taxes" into income for capitalists! Because each company issues a "stablecoin," they can form a "closed transaction loop," and what was originally "government tax" becomes income for capitalists. This is a bit difficult to understand, and the American people are even less likely to understand it! American people believe the ignorant lie that Trump's tariffs are "seller absorption," so how can they understand that "consumption taxes" will become income for the capitalists who issue stablecoins? 3. Stablecoins are paid by the people! The more "stablecoins" are issued, the more they become "cash advances" for the people! We earn a small amount of interest when we deposit our money in the bank, but if we use money to buy stablecoins, our money will earn no interest! 4. If companies use stablecoins to pay salaries, are they forcing employees to spend their own stablecoins? This is also a big problem! 5. The United States is very cunning! To deplete its own "U.S. Treasury bonds," the United States is pegging them to stablecoins. This will undoubtedly harm the American people! If U.S. Treasury bonds are issued in unlimited quantities, the US dollar will continue to depreciate indefinitely! What does it mean when the US dollar's stablecoin is pegged to U.S. Treasury bonds? All the money from drug trafficking, smuggling, and corruption can be used to "issue" and "purchase" stablecoins! I've always emphasized: As the denominator increases, the numerator decreases! By infinitely expanding the size of the U.S. Treasury bond, the U.S. government's debt will decrease. This is the underlying logic of the U.S. government! The U.S. government has been robbing the American people and enriching American capitalists! The U.S. government is now continuously widening the "rich-poor gap." All I can say is: the U.S. government is truly a terrible and unscrupulous government! What the U.S. government is doing is unacceptable! The U.S. government is constantly exploiting the American people! Pegging stablecoins to U.S. Treasury bonds may seem clever, but it's actually foolish! Using U.S. Treasury bonds to issue "stablecoins" does allow the U.S. government to "not pay interest on the Treasury bonds," but there are greater and higher risks involved! Just as the US dollar's market share will indeed be high, and perhaps the entire world will be dominated by "US dollar stablecoins," the opposite is true: The world will become even more chaotic! Illegal proceeds from these crimes will be more easily laundered into legal dollars using stablecoins. If the flow of criminal funds is not controlled, the world will be truly terrifying! We will see an increase in drug trafficking, fraud, kidnapping, and other crimes in the future—these crimes will never decrease because the US condones these criminals and legalizes all "criminal proceeds"! The US government is truly terrible! Trump has always been a man who will do anything for profits! And now the entire US government is unscrupulous for "profits"! The US government has absolutely no moral bottom line in anything the government does! The American people really need to wake up! First and foremost, 1. The devaluation of the US dollar has nothing to do with China; it's the US government's reckless printing of US dollars and issuing of US Treasury bonds! 2. The drug epidemic in the US has nothing to do with China; it's the US government's ineffective law enforcement! 3. The lack of infrastructure in the US has nothing to do with China; it's the US government's rampant corruption! China can no longer be a shield for the "incompetence of the US government"! Where does the interests on stablecoins go? The Fed, the issuer of US Treasury bonds and US dollars!!
