为什么日本可以从比特币中获益匪浅

Jeff Park，Bitwise 的 Alpha 策略主管，该公司运营着美国第四大现货比特币 ETF，管理资产总额为 2 美元

Bitcoin price has been rallying over the past week, fueled by anticipation of a new ETF approval and easing inflation concerns. Now, as the dust settles and BTC price consolidates around $54,000, one analysis argues that the world’s largest cryptocurrency could be poised for a bullish pivot, thanks in part to Japan.

受新 ETF 批准预期和通胀担忧缓解的推动，比特币价格在过去一周一直上涨。现在，随着尘埃落定，比特币价格巩固在 54,000 美元左右，一项分析认为，全球最大的加密货币可能会迎来看涨转向，这在一定程度上要归功于日本。

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Bitcoin price ties into historical economic decisionsHighlighting the significance of Bitcoin within the context of global economics, Jeff Park, Head of Alpha Strategies at Bitwise, which operates the fourth-largest spot Bitcoin ETF in the United States with assets under management (AUM) totaling $2,039 billion, recently presented a bullish outlook on Bitcoin via Yahoo Finance X.

比特币价格与历史经济决策密切相关 Bitwise 的 Alpha 策略主管 Jeff Park 强调了比特币在全球经济背景下的重要性，该公司运营着美国第四大现货比特币 ETF，管理资产 (AUM) 总计 2,039 美元最近通过 Yahoo Finance X 提出了对比特币的看涨前景。

In his analysis, Park contrasts the 2024 economic downturn with the crises of 2008 and 2020. While previous downturns had clear culprits or were due to extraordinary circumstances, the current situation involves complex international dynamics, primarily influenced by Japan’s economic policies.

Park 在分析中将 2024 年的经济衰退与 2008 年和 2020 年的危机进行了对比。虽然之前的经济衰退有明显的罪魁祸首或者是由于特殊情况造成的，但当前的形势涉及复杂的国际动态，主要受到日本经济政策的影响。

“This current spiral of 2024 is seemingly led by Japan, which from the US perspective requires an international cooperation context in addition to its own domestic economic desires,” he noted.

他指出：“目前 2024 年的螺旋式增长似乎是由日本主导的，从美国的角度来看，除了其国内经济愿望之外，日本还需要国际合作环境。”

Delving deeper into the historical backdrop, Park highlighted the Plaza Accord of 1985, a crucial yet often overlooked event that reshaped global economic leadership by devaluing the dollar to curb Japan’s economic ascent.

朴槿惠更深入地探讨了历史背景，强调了 1985 年的《广场协议》，这是一项至关重要但经常被忽视的事件，它通过贬值美元来遏制日本经济崛起，从而重塑了全球经济领导地位。

“Contrary to popular Western myth, Japan didn’t mysteriously enter into ‘the lost decades’ of stagnation by itself randomly,” said the researcher.

“与流行的西方神话相反，日本并没有随机地神秘地进入‘失去的几十年’停滞状态，”研究人员说。

Describing the accord as a strategic move by the United States to maintain economic dominance, he asserted that the accord led to Japan's long-term economic stagnation and initiated the so-called Carry Trade.

他将该协议描述为美国维持经济主导地位的战略举措，并声称该协议导致日本经济长期停滞，并引发了所谓的套利交易。

Criticizing the Federal Reserve's approach, Park emphasized that it is not solely focused on domestic objectives like unemployment and price stability but is also deeply intertwined with global economic conditions.

帕克在批评美联储的做法时强调，美联储不仅关注失业和物价稳定等国内目标，而且还与全球经济状况密切相关。

“The US cannot just cut rates on their own without offending the rest of the world. It has real ripple effects to a country like Japan,” he argued.

“美国不能在不冒犯世界其他国家的情况下自行降息。它对像日本这样的国家产生了真正的连锁反应，”他说。

Continuing his critique of the modern financial architecture, the researcher asserted that it has been characterized by decades of “artificial suppression and stealing,” particularly from Japan and the asset-poor younger generations.

这位研究人员继续批评现代金融架构，声称其特点是几十年来的“人为压制和盗窃”，特别是来自日本和资产匮乏的年轻一代。

“This is about the very core of the modern financial architecture, with thirty years of pent-up artificial suppression and stealing—from the youth, from the asset-poor, and I’m going to make the case here—from Japan,” he stated.

“这关系到现代金融架构的核心，三十年来被压抑的人为镇压和盗窃——从年轻人、从资产匮乏的人那里，我将在这里说明这一点——从日本，”他说。

Bitcoin price stands to benefit from financial inclusionAmid these criticisms, Park championed Bitcoin as a pivotal tool for financial inclusion, highlighting that while discussions often focus on emerging markets like Argentina and India, developed countries like Japan stand to gain significantly from Bitcoin.

比特币价格将受益于金融包容性在这些批评中，Park 倡导比特币作为金融包容性的关键工具，并强调虽然讨论通常集中在阿根廷和印度等新兴市场，但日本等发达国家将从比特币中获益匪浅。

According to Park, Bitcoin provides a unique opportunity for Japan to decouple its monetary policy from the influence of the United States dollar, addressing its structural leadership and demographic challenges.

Park 表示，比特币为日本提供了一个独特的机会，使其货币政策摆脱美元的影响，解决其结构性领导和人口挑战。

Concluding his analysis, Park shared his long-term bullish stance on Bitcoin, predicting a significant revaluation in the wake of the current financial crisis, adding:

在总结分析时，Park 分享了他对比特币的长期看涨立场，预测当前金融危机后比特币将大幅重估，并补充道：

“Not today, and likely not tomorrow, but still much sooner than I expected in my own lifetime. This financial crisis is the mother crisis, the original sin – and it’s global, generational, geopolitical. Even without a global implosion, the narrative will be out and people will wake up to why BTC is valuable. Once the selling pressure ends, out of the ashes will emerge the most glorious phoenix the modern financial world has ever known—and rise, rise, rise we will.”

“不是今天，也可能不是明天，但仍然比我一生中预期的要早得多。这场金融危机是危机之母，是原罪——而且是全球性的、代际性的、地缘政治性的。即使没有全球性的内爆，故事也会被曝光，人们也会意识到比特币为何有价值。一旦抛售压力结束，现代金融世界有史以来最辉煌的凤凰将从灰烬中重生——我们将会崛起、崛起、崛起。”

At press time, BTC price trades at $55,066.

截至发稿时，BTC 价格交易价格为 55,066 美元。