[Editorial] Wall Street's Bitcoin Frenzy, the Prelude to the "Great Currency Shift"

After the approval of Bitcoin spot ETFs, astronomical amounts of capital are pouring into the market. Society’s reactions are polarized: one side laments that “Bitcoin has been absorbed by the traditional financial system, losing its original intention and deviating from its founding purpose,” while the other is intoxicated by the sense of victory, claiming that “Wall Street has bowed to Bitcoin.”

However, this black-and-white logic of “who wins and who loses” is precisely the most foolish perspective to obscure the true essence of the event. The current phenomenon is by no means a simple battle of capital wins and losses. It should be interpreted as a civilization-level “great turning point” that signifies a fundamental upheaval in human monetary concepts, as well as an grand “enlightenment” process designed by Satoshi Nakamoto.

First and foremost, face the facts. Bitcoin’s code has not been changed by a single line. Could it be that the entry of giants like BlackRock and Fidelity into the market has caused the Bitcoin network to issue more currency or open up a reviewable backdoor? Absolutely not. Bitcoin has made no compromises and remains standing tall.

What has changed is not Bitcoin itself, but the world’s perspective on money.

Only a few years ago, the world was still trapped in the Keynesian doctrine that “moderate inflation is a necessary driver of economic growth.” Deflationary currencies were seen as a harmful disease that would damage the economy. But witnessing the unlimited printing of money by central banks around the world and the resulting severe devaluation of currencies, the zeitgeist has shifted dramatically.

The public and institutions have finally awakened: what we need is a currency whose value is not harmed by government power or the arbitrary decisions of a few elites, a network that cannot be stopped by anyone, and a system driven by incorruptible protocols.

Institutions are beginning to include Bitcoin in their asset portfolios, not because they have failed or because Bitcoin has deteriorated. It is because, in the face of this cold mathematical truth, they have finally opened their eyes. The phenomenon of traditional financial systems transforming themselves in response to Bitcoin’s invariance is less about “yielding” and more about a “surrender” and “awakening” toward truth.

What Satoshi Nakamoto endowed the world with in 2008 was not merely a speculative asset. He posed a fundamental question to humanity: “What is true money?” Over the past fifteen years, it has been a strenuous quest to find the answer.

What we are witnessing now is not a confrontation between Bitcoin and traditional systems. It heralds the arrival of an “enlightenment era” where the age of arbitrary credit money gradually fades and a new monetary standard based on mechanical trust is correctly established. If there is still time to debate victory or defeat, it is better to first understand the world laws that have already been reconstructed.