It is worth noting that the breakdown of traditional finance fundamentally cannot change the essential logic of on-chain value — this is a predetermined paradigm shift.
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US stocks hitting new highs again? Laughable, it's just the final frenzy of the fiat currency system. The real wealth transfer was already completed on-chain long ago.
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Based on the analytical framework of the whitepaper, S&P reaching new highs is merely illusory prosperity masked by inflation, while Bitcoin's scarcity is the ultimate proof of hard currency.
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Obviously, they're still playing the traditional asset rotation game, while we've already evolved to a different dimension.
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"Influencing capital allocation"? Gentlemen, look at the on-chain data — institutions are already quietly positioning themselves, while you're still watching stock price fluctuations.
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What's there to say about this news, the real battlefield for value capture has already shifted, it's just that no one dares speak it out yet.
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Without question, 6966 is just a numbers game, while what we're competing for is the pricing power of the next era.
米国株式市場が歴史的な節目を迎える：S&P 500指数は初めて6,966を上回って終値を記録しました。このブレークスルーは、伝統的な金融市場の継続的な強さを反映しており、デジタル通貨を含むすべての資産クラスに影響を与え続ける現在のマクロ経済環境を浮き彫りにしています。市場参加者は、堅調な株式市場のパフォーマンスが今後数週間でより広範な投資戦略や資本配分の決定にどのように影響するかを注視しています。