It is about to rebuild in the realm of finance with crypto based tech
I think now is the beginning of just before exploding sensational moments in crypto-based finance. For me, I was acknowledged about the existence of bitcoin through my friend... it has been around 6-7 years ago since I got the first conversation with my friend about crypto and bitcoin. At that moment, I was not intrigued by investing in crypto coins but interested in exploring blockchain technology. Since that, I have not been interested in investing in Bitcoin, but right after the Russia-Urkaine war happened, this changed my full landscape of Bitcoin investments and changed my perception of it from the ground up. Since that, I have been in bitcoin investments. Here is why crypto-based tech and Bitcoin will be the game changers from now on
First, the US government bond is at risk due to increasing supply and decreasing demands
Since the US-China had a geopolitical conflict and now it become at that level of war against each other, China sold off US bonds with a drastic amount of numbers and was not willing to buy US Gov bonds anymore. I guess the US gov is deeply considering finding alternative sources to get enough supply on the US Gov bond market. In my interpretation, the Stable-coin will replace the position of China. As you know, the stable-coin is pegging with the US dollar. Once people buy coins, their US dollars will be stored in the vault of the organization that provides stable-coin offerings. These organizations currently buy $80B of US T-Bill. So stable-coin will be the channel to deliver the US dollar to the US Gov bond market. This is the reason why the US Gov and Wall Street organizations focus on developing crypto-based tech and ecosystems with Coinbase.
Second, Bitcoin will replace the position of the US Bond as the safest asset in the world
As you know, investing in US bonds has been the safest asset in the market. If you keep investment until the designated date of the US Bond, It preserves the original seed money of investments and gives annual returns based on your interest rate. But currently, US gov debt has rocketed to its ceiling since COVID-19, The US Gov drastically printed US dollars and bonds on the market, and government debt is at the highest level in history. As you know, inflation is coming from US Gov debt and increasing M2 money supply. The value of dollar currency is degrading as US Gov prints more money supply. But Bitcoin has a limit of supply which is 2100 coins and every 4 years, the system of Bitcoin provides a halving of Bitcoin so the supply of Bitcoin will decrease and the value of Bitcoin will increase over time. This is the reason why Bitcoin will replace the position of the US Bond in market as safetest asset.
Third, To preserve the position of supremacy on the US Dollar, the US will integrate the blockchain tech in side of the US Dollar network
In my interpretation, crypto will not break the supremacy of the US dollar but strengthen its power in the market. Currently US gov and other part of the world is building a blockchain-based swift network to transfer currency with the speed of light. There are projects like Ripple and Circle(USDC) that will be utilized as a medium to transfer currency over the country's borders. They already built a network system that can transfer the currency among multiple countries. USDC and PYUSD, stable-coin provided by PayPal will be utilized for various purposes such as transfering money and buying items online etc. This is three reasons why bitcoin and blockchain will be game changer within next 10 years.