In terms of the globalization of the local currency, the roles of both sides are different. The United States is preparing for the depreciation of the dollar (debt), while the renminbi is afraid of being dragged down by the depreciation of the dollar, crazily building walls.

Today, the SEC chairman stated that the financial system will shift towards cryptocurrencies, while the People's Bank of China has increased its gold holdings for 13 consecutive months, and the world stands at a financial crossroads!
The United States embraces cryptocurrencies because stablecoins are a perfect digital extension of the dollar hegemony, allowing for more efficient global circulation of the dollar. However, this also comes with risks, such as weakening the effectiveness of monetary policy.
China's increase in gold holdings is a defensive sovereign declaration; in an era of heightened geopolitical risks, gold is the only asset that does not rely on the credit system. However, gold has poor liquidity, and China is also laying out a digital yuan and a multilateral central bank digital currency bridge, opening up a third path.
For individuals, BTC is a digital risk asset, while gold has dual characteristics. Don't blindly take sides; understand the differentiation logic and make hedging allocations. Pay attention to the market, and let us help you avoid traps and seize opportunities! $SOL $BNB $ETH