[Crypto World] In March 2025, U.S. President Trump signed an executive order announcing the establishment of a “Strategic Bitcoin Reserve,” making the U.S. the first superpower to incorporate Bitcoin into its sovereign reserve system. In June, the U.S. Senate passed the GENIUS Act, establishing a global regulatory framework for stablecoins and mandating that stablecoin purchases of U.S. Treasury bonds be pegged to the dollar. As early as 2013, Chinese tech investor Mai Gang predicted that Bitcoin would undergo three phases of personal, institutional, and national competition, recommending that the Chinese government hold 20-30% of Bitcoin as a strategic reserve, and warning that the dollar would be pegged to Crypto Assets. Mai Gang co-founded a trading platform with the founder of another trading platform, emphasizing that Digital Money originates from technological innovation but that regulation lags behind, calling for risk awareness. In response to the U.S. stablecoin legislation, Mai Gang suggested that China should promote the issuance of offshore RMB stablecoins to advance the internationalization of the RMB. Bitcoin has moved from grassroots to mainstream, and Mai Gang’s prediction of Bitcoin as an “anchor asset” has partially materialized, with his assertion of Bitcoin as a tool for inter-country competition being validated.
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Ten years ago, McGowan's prophecy came true: Bitcoin is becoming a tool for national competition, and the United States has begun strategic reserves.
[Crypto World] In March 2025, U.S. President Trump signed an executive order announcing the establishment of a “Strategic Bitcoin Reserve,” making the U.S. the first superpower to incorporate Bitcoin into its sovereign reserve system. In June, the U.S. Senate passed the GENIUS Act, establishing a global regulatory framework for stablecoins and mandating that stablecoin purchases of U.S. Treasury bonds be pegged to the dollar. As early as 2013, Chinese tech investor Mai Gang predicted that Bitcoin would undergo three phases of personal, institutional, and national competition, recommending that the Chinese government hold 20-30% of Bitcoin as a strategic reserve, and warning that the dollar would be pegged to Crypto Assets. Mai Gang co-founded a trading platform with the founder of another trading platform, emphasizing that Digital Money originates from technological innovation but that regulation lags behind, calling for risk awareness. In response to the U.S. stablecoin legislation, Mai Gang suggested that China should promote the issuance of offshore RMB stablecoins to advance the internationalization of the RMB. Bitcoin has moved from grassroots to mainstream, and Mai Gang’s prediction of Bitcoin as an “anchor asset” has partially materialized, with his assertion of Bitcoin as a tool for inter-country competition being validated.