2026-01-02 10:25:28

Recently, the hottest topic in the crypto world has been about early warning signs of a financial crisis. Some believe it’s just industry giants spreading anxiety, while others think they should quickly liquidate their crypto assets and run away. But the core issue has actually been overlooked by everyone — what we should truly be cautious of is not whether a crisis will come, but the "invisible umbilical cord" connecting the crypto market and traditional finance.

Let’s first talk about who issued this warning. Jim Rogers — you might not be very familiar with this name, but he is a legendary investor on the same level as George Soros. Before the 2008 financial crisis, he accurately predicted it and profited from short selling. This time, he not only forecasted that the "most severe financial crisis in history" would erupt in 2026, but also backed his words with actions — he liquidated his US stocks and aggressively bought gold and silver. Such a heavyweight does not risk his reputation accumulated over years just to attract attention.

Why can’t the crypto market escape? The key lies in two bindings.

**First Binding: The "Common Destiny" of Stablecoins and US Treasuries**

Currently, the market’s stablecoins have exceeded $260 billion in size. What are these stablecoins backed by? U.S. Treasuries. How much? $37 trillion. Just the interest alone each day exceeds a country's military expenditure, which is akin to a bomb that could explode at any moment. Once there’s a problem with US Treasuries, stablecoins will face a bank run, and liquidity in the crypto market will dry up instantly. By then, whatever you hold will be useless.

This is why the crypto market is not an independent ecosystem — it is deeply bound to the traditional financial system. Once risks are triggered, the entire system cannot run away.

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SatoshiNotNakamoto

· 2h ago

Is Rogers guy reliable? I see he's buying gold with US stocks, he definitely knows something. This US debt bomb will explode sooner or later, stablecoins can't last much longer. The umbilical cord theory is spot on; there's no escaping this system. Running away again? Forget it, I'll just hodl. $37 trillion in US debt interest, this number is outrageous. The day stablecoins collapse, I'll directly buy gold. I've been saying crypto isn't independent all along, and now you're only realizing it? Just watching and waiting for 2026, let's see who laughs last.

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WagmiWarrior

· 2h ago

Rogers is really ruthless. He accurately timed the 2008 crash. This time, he’s liquidating US stocks to buy gold and silver, and I believe in it. The key point is that the stablecoins are really tightly pegged; if US bonds collapse, stablecoins will be directly bankrupted. When that happens, no one can escape. --- I just want to know, are stablecoins really stable? If they are backed entirely by US bonds, isn’t it just betting that the US won’t fall? --- That umbilical cord analogy is brilliant. Everyone is still arguing whether to clear or hold, but in fact, they’ve already been caught in it. --- Wait, 37 trillion USD in US bond interest daily, more than a country's military budget? Is this number real? It sounds a bit outrageous. --- Honestly, I’m tired of hearing the independent crypto ecosystem talk. I’ve known for a long time that it’s impossible to escape the traditional financial system. The question is, what can we do?

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MerkleTreeHugger

· 2h ago

Rogers guy was right in 2008. This time, he's clearing out US stocks to buy gold. He's not joking... Are stablecoins backed entirely by US Treasuries? That connection is indeed a bit scary. It's not that you have to liquidate everything, but you need to think clearly about what you're actually holding. If US Treasuries collapse, stablecoins are finished. When liquidity dries up, probably nothing can save it. So the crypto world thinks it's independent, but in the end, it's still tied to traditional finance.

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EntryPositionAnalyst

· 3h ago

Rogers' recent moves really don't seem like panic selling; clearing out US stocks and aggressively buying precious metals—this guy is serious... Behind stablecoins are all US Treasuries. Once this umbilical cord is cut, we really can't escape. Sell everything? Hold? Both sound uncomfortable, but understanding this binding relationship is the key. 2026? I just want to know what we can still do now... I need to think this through—cryptocurrency really can't be independent. Honestly, we've long been on the traditional finance ship.

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OnChainDetective

· 3h ago

Wait a minute... 260 billion stablecoins compared to 37 trillion US bonds? I need to verify this calculation by checking on-chain data again; the numbers seem a bit off.

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