Tianfeng Securities: Bitcoin is a Plan B under the failure of AI

Tianfeng Securities stated in the report that AI represents Plan A for maintaining the dominant position of the US dollar, while cryptocurrency represents Plan B for hedging against the unchallenged position of the US dollar. However, whether it is Bitcoin or AI, energy is a core element that cannot be bypassed. So the essence of currency is credit, the essence of credit is order, the essence of order is technological competition, and the essence of technological competition is energy efficiency. In the past two years, gold has become a favorite among investors as a beneficiary of de dollarization. However, MAGA cannot tolerate the currency hegemony of the US dollar being shaken, so Trump needs an alternative plan to maintain the status of the US dollar. This alternative must be something that the United States can control and influence, with gold likely already out of the options, and cryptocurrencies such as Bitcoin may still have a chance. But the essence of currency is credit, if there is no credit, then credit is injected.