#通货膨胀 Recently, I saw news about the Federal Reserve cutting interest rates, and the market has become lively again. But what I want to say is—cutting rates itself is not good news; rather, it reminds us of a deeper issue: inflation and debt crises are quietly eroding the traditional financial system.

Look at these data points: CPI still hovers around 2.5%-2.7%, above the target of 2%; US credit card debt has surpassed $1.2 trillion, with an average interest rate over 20%; consumers are increasingly relying on credit to make ends meet. Behind these numbers is the continuous decline in ordinary people's purchasing power and the ongoing dilution of wealth.

The traditional system's response is to cut interest rates, but this only masks the problem with more liquidity. Where is the real solution? I believe it lies in Web3 and decentralized finance. Bitcoin has existed since its inception as a hedge against inflation—limited supply, transparent rules, and no one can manipulate it. DeFi allows everyone to control their assets, no longer passively bearing the risks of the financial system.

Perhaps rate cuts can support asset prices in the short term, but in the long run, more and more people will realize: we need a fairer, more transparent, and less manipulable financial future. This is the core value of Web3.