#降息预期 The Fed's recent moves are really interesting! Internal disagreements have escalated, and hawkish voices continue to rise, which makes me think of a metaphor— the traditional financial system is like a large ship, with captains having differing opinions on the direction; some want to move quickly, while others prefer to approach cautiously.

The core of this meeting: the threshold for rate cuts has been raised, and Powell is trying to appease the hawks. Governors like Goolsbee and Schmied emphasize inflation risks and data dependency. In simple terms, there is a significant divergence within the central bank regarding economic outlook.

What does this mean for our Web3 ecosystem? The greater the uncertainty in traditional finance, the more people will start to consider the value of decentralized assets. On-chain assets like Bitcoin and Ethereum are essentially choices to hedge against uncertainty—no one can manipulate them at will, and the rules are transparent and verifiable. When central bank policies fluctuate, more and more people will realize how important it is to own truly ownable, unfrozen assets.

This is not to say that everyone should go all-in on crypto assets now, but rather that the core value of Web3 is being validated by reality. In an era of increasing volatility in traditional finance, the certainty provided by decentralization becomes especially valuable. In the long run, this is the broader context for Web3's rise.