Imagine waking up in an America where Bitcoin and Dogecoin have replaced the dollar. The President tweets, "Farewell, Federal Reserve," while Elon Musk, clutching a Dogecoin plushie, heralds a new financial epoch.

想象一下在美国醒来，比特币和狗狗币已经取代了美元。总统在推特上写道：“再见，美联储”，而埃隆·马斯克则抱着狗狗币毛绒玩具，预示着一个新的金融时代的到来。

While this may seem like a fantasy, it appears disconcertingly plausible, given Donald Trump's return to the White House and Elon Musk's growing influence.

虽然这看起来像是一个幻想，但考虑到唐纳德·特朗普重返白宫和埃隆·马斯克日益增长的影响力，它似乎令人不安地合理。

Elon's Visions, Trump's Actions

埃隆的愿景，特朗普的行动

Trump, known for his disruptive nature, appears intent on establishing the U.S. as the "crypto capital of the world." His administration is considering establishing a Bitcoin reserve to supplant gold.

以破坏性闻名的特朗普似乎有意将美国打造为“世界加密货币之都”。他的政府正在考虑建立比特币储备以取代黄金。

And Elon? He now leads a government agency known as the Department of Government Efficiency (DOGE). If you find that coincidence striking, you haven't been paying close attention.

埃隆呢？他现在领导一个名为政府效率部 (DOGE) 的政府机构。如果你发现这种巧合惊人，那说明你没有密切关注。

Bloomberg reports that Musk was the driving force behind Trump's critical decision to oppose government funding.

彭博社报道称，马斯克是特朗普反对政府资助这一关键决定背后的推动力。

Cryptocurrency markets naturally surged following Trump's election victory. Bitcoin reached $108,000 on December 17, more than doubling in value since the beginning of the year. Dogecoin has also seen a significant rise, reaching approximately $0.30.

特朗普当选后，加密货币市场自然飙升。 12 月 17 日，比特币价格达到 108,000 美元，自年初以来价值翻了一倍多。狗狗币也大幅上涨，达到约 0.30 美元。

Elon's tweets are no longer merely memes; they are policy teasers. For the first time, I have his notifications turned on. Everyone is watching this man's every move.

埃隆的推文不再仅仅是模因；它们是政策预告片。我第一次打开他的通知。所有人都在注视着这个男人的一举一动。

With DOGE as the face of a government efficiency department, speculators have invested billions in Dogecoin futures. Open interest has skyrocketed from 7 billion to 8.3 billion tokens in a matter of weeks.

由于狗狗币是政府效率部门的代表，投机者已在狗狗币期货上投资了数十亿美元。几周内，未平仓合约从 70 亿枚飙升至 83 亿枚。

However, it's not all smooth sailing. Cryptocurrency markets are experiencing wild fluctuations. Bitcoin prices have been more volatile than Wall Street in 2009. A single statement from Fed Chair Jerome Powell sent Bitcoin tumbling from around $106,000 to $95,000 at the time of writing.

然而，这并非一帆风顺。加密货币市场正在经历剧烈波动。 2009 年，比特币价格的波动性比华尔街还要大。美联储主席杰罗姆·鲍威尔的一则声明使比特币从 106,000 美元左右暴跌至 95,000 美元。

Envision if Crypto Became America's Legal Tender

设想加密货币是否成为美国的法定货币

Let us indulge in some speculation. Suppose Bitcoin and Dogecoin replace the U.S. dollar as official currencies. It would undoubtedly send shockwaves through the global economy. The U.S. dollar, the world's go-to reserve currency and America's formidable weapon, would lose its dominance.

让我们进行一些猜测。假设比特币和狗狗币取代美元成为官方货币。毫无疑问，这将给全球经济带来冲击波。美元作为世界首选储备货币和美国的强大武器，将失去其主导地位。

Countries and businesses holding dollars would engage in panic selling, destabilizing entire economies. Bitcoin and Dogecoin, on the other hand, would be burdened with responsibilities they are ill-prepared for. Their prices would need to stabilize, a daunting task given Bitcoin's notorious swings of thousands of dollars within hours.

持有美元的国家和企业将进行恐慌性抛售，从而破坏整个经济的稳定。另一方面，比特币和狗狗币将承担他们没有准备好的责任。它们的价格需要稳定下来，鉴于比特币在数小时内波动数千美元，这是一项艰巨的任务。

Inflation as we understand it would be irrevocably changed. Traditional economic principles would become largely obsolete. We know that Bitcoin has a hard cap of 21 million coins, preventing it from being inflated into oblivion like fiat currencies. Dogecoin, on the other hand, continues to mint coins, albeit at a reasonably predictable rate.

我们所理解的通货膨胀将发生不可逆转的改变。传统的经济原理将在很大程度上变得过时。我们知道，比特币的硬上限为 2100 万枚，防止其像法定货币一样因通货膨胀而被遗忘。另一方面，狗狗币仍在继续铸造硬币，尽管其速度是合理可预测的。

These mechanisms would redefine inflation rates, but at what cost? The average American would struggle to navigate the volatility, and businesses would demand more transparent pricing frameworks for goods and services.

这些机制将重新定义通货膨胀率，但代价是什么？普通美国人将难以应对波动，企业将要求更加透明的商品和服务定价框架。

Speaking of frameworks, how would cryptocurrency taxation work? Trump has remained silent on this matter. Blockchain transactions are decentralized, meaning the government would lose its grip on taxation.

说到框架，加密货币税收将如何运作？特朗普对此事一直保持沉默。区块链交易是去中心化的，这意味着政府将失去对税收的控制。

And what of hacking? According to recent reports, North Korea has stolen more cryptocurrency than ever before this year.

那么黑客攻击呢？根据最近的报道，朝鲜今年窃取的加密货币比以往任何时候都多。

Moreover, let's not assume this transition would be seamless. Cryptocurrencies are notoriously inconvenient for everyday spending. Imagine buying a cup of coffee with Dogecoin—its value could swing so dramatically that its price could double or halve before you finish your sip.

此外，我们不要假设这种转变是无缝的。众所周知，加密货币对于日常支出来说不方便。想象一下用狗狗币购买一杯咖啡——它的价值可能会大幅波动，以至于在你喝完之前它的价格可能会翻倍或减半。

Salaries, rent, groceries—everything would be enveloped in a nightmare of conversions. People might resort to using the dollar as a shadow currency to interpret prices, similar to how unstable economies unofficially rely on the dollar. How disheartening would that be?

工资、房租、食品杂货——一切都将被包裹在一场转变的噩梦中。人们可能会使用美元作为影子货币来解释价格，类似于不稳定的经济体非正式地依赖美元。那将是多么令人沮丧？

But then again, convenience is not the primary goal, is it? Revolutions seldom are.

但话又说回来，便利并不是首要目标，不是吗？革命很少发生。