Japan has just announced an issuance of 29.6 trillion yen in government bonds, which is equivalent to burning nearly 1 billion RMB daily. This move has directly rewritten the historical record—a country with debt exceeding 260% of GDP is still desperately leveraging. Netizens' reactions are straightforward: blowing up a balloon, and it will eventually burst.

On the surface, this seems to be a booster shot for Japan, which is trapped in deflation and a low-desire society. But deeper thinking reveals that it is essentially "borrowing future money to solve today's problems." When a country's economic engine relies entirely on continuous borrowing and money printing, everyone's true thoughts begin to align: how can my wealth escape this invisible "inflation harvest"?

This dilemma itself has become the perfect backdrop for the narrative of crypto assets. Imagine: people develop a fundamental suspicion of centralized debt systems. At this moment, the significance of Bitcoin and Ethereum becomes especially clear—algorithmically determined, fixed supply, permissionless value storage. This not only greatly amplifies their attractiveness but more importantly, transforms them from mere investment assets into a form of "voting with your feet" against the entire old system.

The cruel law of history: any system relying on unlimited money printing will eventually reach a trust threshold. What are those sharp-capital players doing now? Not predicting when it will crash, but preemptively positioning in assets that do not depend on any single country's credit. As liquidity in traditional finance becomes more abundant and cheaper, the value of that "Noah's Ark" in the digital world becomes even more prominent.

In the short term, mainstream tokens like Ethereum and Binance Coin are seeking stabilization points amid market volatility. But more important than tracking short-term price fluctuations is understanding which direction the long-term narrative is tilting toward. Once you clarify this line, you'll understand why switching tracks is necessary.