In 2025, gold surged 64%, reaching the largest increase in 46 years at $XAU . This market trend is not retail investors' FOMO, but rather global central banks going 'Degen'!

Core Logic: The credibility of the US dollar is collapsing. IMF data shows that the dollar's share in global reserves has fallen below the psychological threshold of 60%. Dalio makes it clear: central banks are dumping US Treasuries in favor of gold, a hard asset with 'no sovereign credit risk.' 95% of central banks indicate they will continue to buy gold; this is not investment, but rather a hedge against deep-seated anxieties about the Fiat currency system using physical assets!

The key point is, what does this mean for us?

Gold is the 'Bitcoin of the old world', and $BTC is the ultimate hedge within a centralized system. Central banks are using gold to 'de-dollarize', essentially seeking a more solid and decentralized store of value.

When even central banks start to question the credibility of centralized fiat currencies, we should think harder: is your asset allocation 'hard' enough?

The explosive rise of gold serves as a wake-up call for all Crypto players: the consensus on hard assets is awakening globally. Whether it's gold or Bitcoin, they both tell us the same story: Trust no one, only math and scarcity.