Historically, the more the U.S. felt threatened by

Historically, the more the U.S. felt threatened by global economic hegemony, the higher the price of gold, and discussions on the gold standard became more active.

In the late 1990s, Peter Schiff was in a similar position to today's bitcoin maximalist. Those who claimed that gold was the real money were called Goldbergs. However, contrary to their wishes, the United States has continued to grow in every economic crisis, offering creative solutions. Whenever the theory of an economic crisis emerged, the story of the gold standard emerged, but it has not been realized for the past 50 years and now it seems that the Bitcoin standard is trying to take over.

I also support the Bitcoin Standard, but it is questionable whether the U.S. will adopt Bitcoin as a strategic asset at a time when only the U.S. is growing and other countries' economies are suffering from a recession. Discussions on the Bitcoin standard system will begin in earnest only when the U.S. has a heightened sense of crisis over global economic hegemony, but the current market sentiment seems to recognize that hegemony is still in the U.S.

There is a possibility that the U.S. government will purchase Bitcoin in consideration of risk management and economic effects, but the purpose will be very different from what Bitcoiners think. Buying as a "long-term bitcoin standard" or "a means to defend the dollar system" seems far from the current market atmosphere. This is because more people will think that they can maintain dollar hegemony at a time when global capital is flocking to the U.S.

Even before the inauguration ceremony, Trump warned other heads of state, highlighting the gap in power with the United States. In the process, I wonder if the dollar hegemony will be restored as funds flock to the dollar. Many people around me also chose dollars over gold or bitcoin as a haven for the won.

It is questionable whether Trump will continue to express strong support for Bitcoin in his pre-election speech if he externally confirms the economic health of the United States, re-establishing dollar hegemony, and secures approval ratings. This is because there may be a justification for not supporting Bitcoin without losing the public's votes.

I think Trump is an outstanding politician who will restore American power. However, it is still questionable how much he will keep the promise he made for Bitcoin before his election. Was the mention of Bitcoin strategic assets at the Bitcoin conference to prepare for the Bitcoin standard, or was it just to win votes?