The recent remarks by Federal Reserve Chair Jerome Powell have attracted market attention. He explicitly stated that the investigation by the Department of Justice he is facing is unrelated to actual testimony and is fundamentally a manifestation of "political pressure." This game of chess seems to revolve around old cases, but in essence, it directly targets the Federal Reserve's decision-making power over interest rates—will future policies be objectively based on economic data or influenced by political factors?

This question is worth deep reflection. Once the independence of the Federal Reserve is compromised, the credit foundation that the traditional financial system relies on will be shaken. After investors lose confidence in central bank decisions, funds will seek alternatives. This is precisely why decentralized assets are re-evaluated whenever macro risks escalate—they are not controlled by a single institution, have strong resistance to censorship, and in the face of systemic risks, become hedging tools.

Short-term volatility always exists, but the long-term logic is clear: the greater the centralization risk of the financial system, the more attractive blockchain assets become as alternative stores of value. This is not hype, but an intuitive response to reality.