Why don't other countries that allow openness have the situation you mentioned? Are Chinese people relatively foolish?
花太香
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What would happen if China allowed RMB stablecoins and virtual currency trading?
Imagine if China suddenly announced - that domestic trading of Bitcoin, Ethereum, and even the issuance of a RMB stablecoin would be allowed, with funds able to transfer across borders freely, no longer limited by annual quotas. Many would be excited to think, 'Finally, we can invest abroad freely,' but the reality may be far more complex and even somewhat dangerous. First, capital outflow is almost inevitable. Once the RMB stablecoin is launched, residents and enterprises can bypass banks and the foreign exchange bureau, directly converting their funds into USDT, USD assets, or even overseas stocks. The speed of capital outflow is astonishing, far exceeding the control of bank approvals and annual quotas. There may be a massive sell-off of RMB and a surge in demand for USD in a short period, putting severe depreciation pressure on the RMB exchange rate. Although foreign exchange reserves may still appear on the books, the ability to support the exchange rate has been almost weakened.
American children have investment accounts from birth: starting with a million at 18
This is not science fiction, but a recently implemented reality policy sensation. On December 2, President Trump officially announced the launch of 'Trump Accounts' at the White House as part of his Working Families Tax Cuts Act.
This innovative children's IRA (Individual Retirement Account) is open to all children in the United States under the age of 18, but particularly offers additional benefits for babies born between 2025 and 2028: the U.S. Treasury will make a one-time deposit of $1,000 to help them start accumulating wealth from infancy.
Even more exciting is that on the same day, Dell Technologies founder Michael Dell and his wife quickly responded by announcing a record donation of $625 million (approximately 4.4 billion RMB), which will be directly injected into the accounts of 25 million American children, providing each with an additional $250 in seed funding. This massive charity— the largest direct donation benefiting American children in history— will prioritize children under 10 living in low- to middle-income zip code areas (with a median income below $150,000), reaching as high as 80%.
American children have investment accounts from birth: starting with a million at 18
This is not science fiction, but a recently implemented reality policy sensation. On December 2, President Trump officially announced the launch of 'Trump Accounts' at the White House as part of his Working Families Tax Cuts Act.
This innovative children's IRA (Individual Retirement Account) is open to all children in the United States under the age of 18, but particularly offers additional benefits for babies born between 2025 and 2028: the U.S. Treasury will make a one-time deposit of $1,000 to help them start accumulating wealth from infancy.
Even more exciting is that on the same day, Dell Technologies founder Michael Dell and his wife quickly responded by announcing a record donation of $625 million (approximately 4.4 billion RMB), which will be directly injected into the accounts of 25 million American children, providing each with an additional $250 in seed funding. This massive charity— the largest direct donation benefiting American children in history— will prioritize children under 10 living in low- to middle-income zip code areas (with a median income below $150,000), reaching as high as 80%.
During his speech at the White House, Trump said that we have narrowed down the candidates for the Federal Reserve Chairman to one, and I guess the potential Federal Reserve Chairman is here. I can tell you, he is a respected person. Thank you, Kevin. #BinanceBlockchainWeek #ETH巨鲸增持 #Token2049新加坡 #ETH巨鲸增持
Prohibition is a blockage! Regulation is pricing power!
Today, the global attitude towards virtual currencies is like having a 'high-risk snack stall' opened downstairs in your community: prohibiting it means there's no risk of getting an upset stomach, but you also miss out on potentially delicious new flavors; regulation means making the stall owner wear gloves and clearly pricing their items, which may be a hassle, but allows you to try new things while minimizing pitfalls. Currency has always been the 'hard signboard' of national sovereignty — using Renminbi or US dollars means there is national credit backing it. If virtual currencies are not controlled, it would be like a bunch of 'wild coins' popping up outside, and the government would be unable to manage inflation or stabilize exchange rates, effectively relinquishing the 'steering wheel' of the economy. So I choose not to participate + not to take risks, while the state worries about capital outflow, money laundering, gray markets, and excessive uncertainty, so I simply won't play this game.
Crypto Scholar: Is Ethereum's southward trend set in stone on 11.12? Where are you getting on board? Latest market analysis and short-term strategy reference
The current price of Ethereum is 3480, and it's currently 2 AM Beijing time. Many crypto friends can't hold on as prices go south. My advice is to exit in batches to secure profits in advance; if the main force continues to decline, it will only be a bonus for us. Now we need to see if the support at the 3460 level is strong enough. If it breaks, continue to hold; if it holds, we can add back what we've reduced after a pullback, as long as we don’t break the previous high defense point, we can strictly follow our trading plan.
Before the publication, the daily K-line reached a high of 3647 and a low of 3463. The EMA trend indicator is continuing to expand the bearish momentum downwards. The EMA15 resistance point has reached 3610. The K-line is trying to impact the 0.786 support level at 3460. MACD is shrinking and moving upward; the DIF and DEA golden cross have not yet formed. The K-line is encountering resistance at 3719 in the Bollinger Bands and is beginning to retract. If the daily line closes as a bearish line in the morning, the market is likely to trend south in the following days. Before any positive news comes out, fluctuating around the 100,000 mark is quite normal.
The four-hour K-line has reached the horizontal support point of the ascending triangle at 3460, which is also the support point of the 0.786 level. The MACD volume has ended, and the dead cross formed by the DIF and DEA indicates that this support level is likely to hold. Southward movement can continue to hold. The Bollinger Bands have also lost the support of 3510. Now the middle track support has turned into resistance. Pay attention to the lower track at 3340. The short-term is oversold, the medium-term is still bearish, and the long-term is also bearish. Look for big moves in small increments. Those who haven't entered yet should wait for a pullback to get on board for the southward trend, while being cautious about the northward trend.
Short-term reference:
Southward trial entry point is between 3500 and 3550, with a defense at 3600, stop loss at 50 points, target looking at 3450 to 3400, and if broken, look at 3350 to 3300.
Northward trial entry point is between 3250 and 3200, with a defense at 3150, stop loss at 50 points, target looking at 3300 to 3350, and if broken, look at 3400 to 3450.
Specific operations are based on real-time market data. For more information, you can consult the author. There may be delays in article publication, and the suggestions are for reference only; risks are borne by the reader.
#ETH走势分析 $ETH Brothers' Explosive Prophecy: Trump's Son Prince Brother Claims Ethereum Will Surge to $8000 to $10000 in Two Months?
Did you guys catch this big scoop? Trump's son just dropped a nuclear-level prophecy: Ethereum (ETH) is expected to reach $8000 to $10000 within two months!
This news has completely blown up the community! This is not just some ordinary influencer making a call, but a member of the Trump family stepping in personally. Think about it, consider it deeply; does this hint at something? Is there a macro layout or big funds moving that we don't know about?
You should know that the Trump faction is increasingly favorable towards cryptocurrencies now. If this prophecy comes true, ETH could double right off the bat, igniting the entire bull market!
The community is already in an uproar:
· 🚀 Bullish Joy: They feel this is an epic positive signal, and traditional funds are about to FOMO into the market! · 🤔 Calm Dissenters: Cautioning everyone not to get too excited, reminding that the market ultimately depends on real skills, and be careful not to be swayed by rumors.
What do you think? Is this "Prince's Prophecy" a harbinger of wealth secrets, or just a pure sensational gimmick? Dare to make a post as proof, and let's dig up and verify together in two months!$ETH #以太坊暴涨
$SOL 100% Win rate giant whale strikes again! 275 million long positions restart, turns out to be playing 'high sell low buy'?
In the early morning, with one sentence from 'Teacher Bao', it directly facilitated the completion of more than half of the giant whale's BTC orders! Subsequently, he took advantage of the heat to open ETH long positions, and currently the positions in the three major cryptocurrencies are in place. Although there is a temporary floating loss of 2.02 million USD, looking back at yesterday's performance, just closing BTC+ETH positions alone raked in 3.04 million USD. Is this operation accurately doing T?
▶︎ BTC long position: Holding 1,030.02 coins, opening price $110,123, corresponding value approximately 1.134 billion USD (Note: the original text 11.3 thousand USD is a data error) ▶︎ SOL long position: Holding 560,839.53 coins, opening price $198.43, value 108 million USD ▶︎ ETH long position: Holding 13,419.12 coins, opening price $3,889, value 52.45 million USD