⚡ Someone said I was shouting blindly. According to the trend of debt in the United States, saying that BTC could reach $100000 one day is not just empty talk—— In the past 25 years, the US public debt has rolled from less than $6 trillion to $38.5 trillion, with a compound annual growth rate of nearly 8%! At this growth rate, nominal growth cannot outperform debt compounding. It is impossible to simply maintain an inflation level of 2% -3% and economic growth to turn debt into cash! This brings up a very practical question: when the debt scale has reached this level, what other path can the United States choose? A true hard landing to repay debts is almost impossible, which means fiscal austerity, asset price collapse, soaring unemployment, and almost no room for maneuver in real politics. Which government dares to take the blame? The rest are some less respectable paths: one ⃣ Tariffs+territorial aggression+economic colonization: Small investments yield quick results, just make money regardless of rules! two ⃣ Repeated combination and superposition of tools: lowering real interest rates, tolerating inflation, and slowly spilling out debt pressure through the financial system and global pricing power. That is to say, what the United States truly pursues may not be to truly reduce the size of its debt, but rather to appear manageable. It must rely on fiscal leadership, financial repression, or a weakening of the US dollar to maintain debt sustainability. This has always been my judgment: For a long time in the future, risks will not be concentrated in the form of textbook style explosions, but will be continuously spread out by policies and inflation. This concealment is precisely the most terrifying, as those who firmly believe that nominal safe assets, cash, and fixed income can preserve their value will have their purchasing power eroded imperceptibly for a long time. So in a system where debt can only be diluted and cannot be liquidated, assets like gold and BTC, which cannot be diluted through issuance, will become increasingly important and naturally possess hedging properties. Even though BTC is relatively quiet and its price performance lags behind at the current stage, its attributes determine that it will eventually reach heights that most people cannot reach! If you don't believe me, come back and hit me in the face in 10 years!