It's a good thing that the SVB bank in the US shut down.
It makes the U.S. regulators feel a little bit risky about Crypto changes and
the international situation.
The last time I discussed this with someone else:
" In wartime, currency is actually useless, just a token."
In short, one state should pile up national power, and eventually there will be
a war, by sooner or later.
Meanwhile, currency is no more than an infrastructure to maintain stability.
If a country is strong by military force and its economy is in recession
because of other countries, then it will definitely try to start a war to seize
wealth and prestige.
Russia has been in this predicament before, and the United States is no
exception.
The focus is on eliminating the perception of off-shore balancing and proxy
war.
Though the U.S. advocates free and fair competition based on the consistent
standards under the same system, the current world competition is composed
of uncontrollable factors and vicious competition.
China has allied with Russia, North Korea, Iran and Saudi Arabia.
By contrast, Taiwan, Japan and South Korea are within the range of war.
There could be only one enemy in the world.
If democracy does not surpass dictatorship, it is vulnerable to be
eliminated by dictatorship.
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