Did you notice? Recently, the US SEC has been saying that the financial system is moving toward cryptocurrencies, while our central bank has been stockpiling gold for 13 consecutive months. This is pretty interesting—global finance is heading down two completely different paths.

The logic behind the US approach isn’t hard to understand. Stablecoins are basically digital vests for the US dollar, making it easier for the dollar to flow worldwide. The benefits are clear, but there are side effects too—for example, monetary policy might become less effective. China’s move to increase gold reserves represents another strategy; in times of high geopolitical risk, gold is the only hard currency that doesn’t rely on credit backing. Of course, gold has its downsides—it’s not easy to liquidate quickly. That’s why new things like digital RMB and central bank digital currency bridges are being pushed, which essentially opens up a third track.

So what should regular people do? You can treat BTC as a risk asset, while gold is more complicated—it has both hedging and investment attributes. Don’t rush to pick a side. What really matters is understanding this logic of divergence and making some hedging allocations. You can also keep an eye on mainstream coins like SOL, BNB, and ETH, but remember not to put all your eggs in one basket.