Rumor has it that Trump may declare BTC as a national strategic reserve for the United States

Author: Liu Jiaolian

Overnight, BTC continued to be under pressure and fell to 63k, which may be affected by the expected selling pressure of Mt.Gox compensation. After "Bullets shot at Trump, but killed the bear market" (2024.7.14), "7.15 Jiaolian internal reference: BTC accelerated upward attack, Trump will still attend" report, Trump confirmed to the media that he will still attend the "Bitcoin 2024" conference scheduled to be held in Nashville, the capital of Tennessee, from next Thursday to Saturday (July 25 to 27).

Then, someone on the Internet revealed that Trump may announce a plan that shocked the world when attending the Bitcoin 2024 conference - making Bitcoin a national strategic reserve for the United States!

If Trump wins the US election in November and is elected president, and if Trump really wants to promote Bitcoin as a national strategic reserve asset for the United States, the world's largest economy and the issuer of the world's hegemonic currency, we can imagine how heavy the ripple effect of this amazing move will be in the context of global gaming.

Game theory will almost certainly push China and Russia to evaluate and follow the US strategy.

In modern times, China adhered to the silver standard and failed to keep up with the wave of the European gold standard. In the end, the silver standard with lower hardness (S2F, a measure of scarcity) was defeated by the gold standard with higher hardness, which became an important dimension among the many dimensions of the causes of China's humiliating modern history - the monetary history dimension.

On April 20, 2024, BTC completed its fourth halving in history. BTC's S2F hardness soared to nearly 120, almost twice that of gold (about 62), becoming the scarcest and hardest thing on our home planet, Earth, suitable for value storage and exchange.

This is a "Bitcoin's Gold Halving" (2024.4.20). Is humanity ready? Most people simply do not realize that on April 20, 2024, the gentle flapping of the wings of a small butterfly will have a huge impact on the historical scale of mankind for thousands of years to come. The singularity has arrived, but "Humanity is not yet ready to welcome a huge hard asset with an S2F greater than 100" (2023.2.17).

History has changed its course. Most people are still in a daze.

However, historical evolution is a chaotic system. It depends on how the participants in history make rational choices in the framework of game theory.

The above picture is the unconfirmed BTC holdings data of countries around the world. The cards of many countries are not clear.

It is obvious that the German government, which cleared its BTC positions a few days ago, has already "castrated" in advance. (See "Big Pie Is Not Sold" , 2024.7.13 article)

Trump has publicly named China. He made it clear that he is unwilling to lose to the latter in the battle of BTC layout. (See VB Against Trump, article on July 18, 2024)

Do you think we should follow or not?

The teaching chain believes that no matter whether it is Trump's MAGA (Make America Great Again) or our great rejuvenation, no one wants to be tripped up by something that is not noticeable now but contains huge energy and may become an important variable in the world in the future. It cannot be ignored and underestimated.

The more rational the decision-making subject, such as the country, the more it will be locked by game theory and move towards the behavioral results predicted by Nash equilibrium. Only a madman will choose to kill 800 enemies and lose 1,000 of himself regardless of the optimal interests of Nash equilibrium.

Believe me, none of the five permanent members who have nuclear weapons, especially the top three permanent members, China, the United States and Russia, will become a madman who loses his rationality in national strategic decision-making. If things come to this, what we should worry about is not the problem of wealth, but the problem of the destruction of the earth.