This article records the author's complex feelings against the backdrop of the surge in cryptocurrency, expressing expectations for the development of the crypto world, as well as concerns about the increasingly rightward shift in the global political landscape and the deepening barriers between nations. The article explores the contradiction between short-term interests and long-term world order, as well as the far-reaching impacts that may arise from the obstruction of globalization.
The price of Bitcoin has surged, yet I can't feel happy about it. Let me share my recent state of mind. As a member of the crypto world, I certainly hope for better development in this space, but at the same time, I am also a member of this world, and I hope for an orderly long-term development of the world.
Trump is a staunch supporter of the crypto world; he has done a lot for it and promised to introduce many policies. He not only issued his own NFT but also promised to classify Bitcoin as a strategic reserve asset for the United States, established a "Presidential Advisory Committee on Bitcoin and Cryptocurrency," and bizarrely stated that he would fire the current chairman of the U.S. Securities and Exchange Commission (SEC), Gary Gensler, on his first day in office. Long-time investors know this person well; he has fought against the crypto world single-handedly, and many people despise him.
Of course, the recent surge in cryptocurrency is directly related to Trump's rise to power. Bitcoin has already surpassed $80,000, and I have also gained some profits, but I can't feel happy about it. Compared to the future development of the world, these immediate benefits seem trivial. Trump's campaign slogan is to return to a world where America is first, and the Republican Party also emphasizes "America First" policies. Speaking of this, we might as well mention the Republican Party's domestic and foreign policies. Internationally, they impose tariffs on trade, refrain from interfering in others' affairs, adopt a hardline stance against foreign countries, limit China's influence in technology and economics, and maintain America's global dominance. Domestically, they reduce taxes and encourage a market economy. In terms of immigration policy, they strengthen border security and limit illegal immigration. Social policies tend to take a conservative stance on sensitive issues, upholding traditional values.
I wonder if anyone has noticed that many countries that have experienced elections in recent years are turning rightward, such as Italy, the Netherlands, Austria, Germany, and Argentina. This means that each country is becoming more closed off. Closed doors, high walls, no common values, no common goals; meetings are not handshakes but could potentially lead to conflict, as each seeks to protect its own interests. This will result in a complete failure of commodity exchange, resource sharing, and capital flow, with the market yielding to the government. I can't imagine how such a world would continue.
An industry can adjust its development speed based on the market and demand, but if the direction of a country or multiple countries goes wrong, the cost may affect several generations and even plunge the entire world into long-term stagnation. I might be overthinking it, but this is indeed how I feel right now. What do you think?
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