$BTC Goodness! The Chairman of the Federal Reserve personally steps in, issuing a "adult ID card" for the crypto world?

Powell's remark that "it's mature" has outlasted the market manipulation for a hundred days.

When the ultimate authority managing global liquidity speaks and says that cryptocurrency has "matured and become mainstream," what does that mean? It’s like the head of the academic affairs office patted you on the shoulder and said: "Kid, I used to think you were just a street punk, but now I see you have potential." This "official certification" carries more weight than any technical breakthrough.

But is this "maturity" certification sugar or medicine?

1. The subtext of "maturity" is "it's ready to be regulated."

Previously, it was said you were the "wild west," not worth legislating; now, acknowledging your "maturity" implies: your scale is large enough, your user base is sufficient, and the risks are manageable, it’s time to put on the reins. The upcoming script will likely be a clearer and more comprehensive regulatory framework. The era of free and wild growth is being officially stamped out.

2. "Mainstreaming" equals the beginning of "mediocrity."

When a rebellious youth is praised for being "mature and stable," it often means their sharp edges have been dulled. As cryptocurrency is integrated into mainstream narratives, attracting large amounts of traditional capital, it will inevitably have to compromise, comply, and accept scrutiny. Its volatility, anonymity, and ideals of decentralization may all become costs that must be sacrificed. In the future, you might earn steadier money, but don’t ever expect to have world-shattering aspirations again.

3. The biggest risk: Shift in consensus.

The most terrifying thing is not regulation, but the transfer of “pricing power.” When even the Federal Reserve begins to take this market seriously, future pricing logic may increasingly depend on macro interest rates, traditional institutional capital flows, and regulatory policies, rather than community consensus or technological progress. You are now playing against the Federal Reserve's balance sheet; the opponent's level has completely upgraded.

Remember, official blessings are always a double-edged sword.

They bring you unprecedented legitimacy and funding but also put shackles on your positioning. While enjoying the liquidity feast, don’t forget to check who wrote the menu, and whether you yourself are on it.

Thank you for reading this, and finally, I wish you good morning☀ good afternoon🥰 good night💤