薛蛮子Charles|Oct 24, 2025 13:58
To answer a question from a netizen, I would like to draw the following conclusion:
What has Trump changed by politicizing encryption?
A heavy punch, dragging the Crypto topic from the underworld to the center of power.
From then on, the rise and fall of the industry will not only depend on technology and narrative, but also on votes and games.
This is an upgrade, but also a cost.
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1、 What does' politicization of encryption 'mean?
Say something reasonable.
Politicians used to talk about taxes, employment, and immigration;
We still need to make a statement now——
Do you accept Bitcoin donations?
Does it support self hosting?
How to manage stablecoins?
Does mining count as national computing power?
This is to change 'whether encryption is supported' to:
⚙️ The threshold for election topics, policy chips, and interest exchange.
Why is this move so ruthless?
one ️⃣ The voter structure has changed
The assets of young people, engineers, traders, and entrepreneurs are all on the chain.
Whoever dares to apply a one size fits all approach will lose their ticket.
two ️⃣ Capital migration is real
Mining, electricity, data centers, and transaction compliance affect employment and taxation.
Loosening policies by one inch, relocating industries to one city.
three ️⃣ Redistribution of discourse power
The struggle between banks and the tech industry has lasted for many years, and "encryption" has become a weapon in the tech industry.
Whoever takes over, who holds the power of speech.
Old man's comment: This is not just shouting slogans, but turning "encryption" into political hard currency.
Hard, hard right here.
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2、 Why is CZ considered a 'win'?
Don't focus on legal details, I'll explain the situation.
Narrative flipping:
From 'being hunted down by giants' to' systemic infrastructure '.
️ Potential reversal:
When the center of power decides that 'it's better to take control than to be invincible',
The strong who can be included, eat meat first.
Geopolitical Chess Game:
Who can maintain operational rights and liquidity depth in key jurisdictions,
Whoever can cross the cycle.
Where did you win?
✅ The track has not been terminated
✅ Liquidity still exists
✅ The political climate is warming up
One sentence from the old man:
Those who can be both "water" and "road" will eventually bring back the stalls and tourists.
---
3、 The cost and opportunity of the industry being 'invited to the table'
The opportunity has come
ETF/Pension/Bank Clearing Channels Open
⚙️ Integration of computing power and energy, local governments are eagerly waving their hand
Stabilizing the currency into "the Internet protocol layer of dollars"
️ Treasury bond, foreign trade settlement, government procurement on the chain
⚠️ The cost has also come
The regulatory pace is more intense
Greater policy swings
Decentralized Space Shrinkage
Large institutions lead the narrative
One sentence from the old man:
Be able to sit at the card table, don't get drunk; If you can exchange chips, don't be timid.
---
4、 What does it mean for Asian players
one ️⃣ Arbitrage link rearrangement
Europe and America promote compliant stablecoins, while Asia serves as a clearing and liquidity hub.
two ️⃣ Narrative Shift
Don't stare at the 'hundredfold meme' anymore,
The new bull market relies on infrastructure and policy dividends:
Layer2、 RWA、 Compliant wallet, on chain core.
three ️⃣ Institutional service is king
Auditing, risk control, taxation, on chain data, and wallet gateways are all good businesses that can charge for long-term fees.
four ️⃣ Methodology for Going Overseas
Dual track (compliant+open source)+multi jurisdictional entities+stablecoin revenue model.
Remove risks and stabilize cash.
---
5、 Investors' "Three Rulers"
Policy sensitivity
See who benefits: mining, stablecoins, liquidation RWA。
Stay away from: gray area projects.
Cash flow and moat
✅ Continuously collecting transaction fees and custody fees
✅ Moving traditional assets onto the chain
Crossing periodic forces
✅ Multi jurisdictional compliance
✅ Bank/Payment/Securities Partner
✅ Stable capital structure, not relying on bull market taxes.
---
⚙️ 6、 Project party's' hard core list '
one ️⃣ Compliance structure
Dual entity: operating entity+foundation.
Three documents: White Paper, Risk Disclosure, and Monthly Financial Report.
Four processes: KYC, AML, on chain monitoring, and tax coordination.
two ️⃣ Product revenue
Fiat currency deposit and withdrawal=first kilometer/last kilometer.
Billing modules: Clearing, Data API, Authentication.
three ️⃣ Ecological Partnership
Banks, payment companies, and securities firms are redundant, and policy communication is normalized.
four ️⃣ Technical risk control
Verifiable audit+on chain wind control,
Keep a bottom line for data privacy.
---
7、 Rhythm and Position Formula
Policy benefits → Building positions on the right side, no compromise
Regulatory increase → Reduce holdings when prices rise, do not trample
Stablecoin Expansion → Check Clearing/Custody/Wallet
Institutional entry → Low wave strategy+Infrastructure
Retail investor recovery → narrative fire+quick hands
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8、 Bottom line of values
The original intention of encryption: individual sovereignty+free choice.
Politicization is a reality, but don't let it swallow up your soul.
✅ To comply, but retain self hosting and open interfaces.
✅ Accept institutions, but leave space for developers.
✅ Embrace regulation, but strive for predictable rules.
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Ending:
Trump shifted the situation to the "power game layer";
CZ stabilizes its position as the "door god";
The industry has moved from a primitive state to a systemic one.
This stage is bigger and more difficult.
Can you complete the entire race without seeing who shouts loudly,
See who can handle it——
cash flow 、 compliance 、 technology ⚙️、 partner
All in one hand.
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CryptoPolitics Bitcoin CZ Trump CryptoRegulation
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