The Economist fires: Crypto Assets have become the "ultimate swamp asset" entangled in American politics, going against the original intention of Decentralization.

The Economist published a special article, bluntly saying that cryptocurrencies have been reduced from a financial revolution against authority to the "ultimate swamp asset", involved in the core of power and interest transmission in the United States, and the Trump family has a conflict of interest dispute due to meme currency speculation. (Synopsis: U.S. stocks + dollar fell, but U.S. bond yields soared, why does the economist say this is an extremely dangerous signal? The Economist: How is El Salvador, embracing Bitcoin, getting poorer? The international authoritative magazine "The Economist" on the 15th with the title "Cryptocurrency has become the ultimate swamp asset", severely criticized cryptocurrencies for deviating from their original intention of "financial revolution" and deeply involved in the operation of political power in the United States. The magazine believes that the cryptocurrency industry is deeply rooted in the lives of American citizens, and its influence and relationship with the executive branch extends even beyond the traditional financial industry. The Economist: Cryptocurrencies have become a tool for political lobbying and profit transmission The Economist pointed out that bitcoin, once seen as a tool to fight inflation, decentralized financial revolution, has now become a complex entanglement with American politics as cryptocurrency proponents actively lobby regulators and donate to election campaigns. Example: Trump's sons are promoting their cryptocurrency business around the world. In addition, Trump's biggest meme coin investors will also have dinner with him. Today, the first family's assets are valued at billions of dollars, and cryptocurrencies are likely to be the largest source of their wealth. In contrast, The Economist acknowledges the clear progress made in the regulation of digital assets in jurisdictions such as the European Union, Japan and Singapore without "runaway conflicts of interest". The magazine warned that the U.S. cryptocurrency industry needs to bail itself out from within, as well as new regulations to ensure risks don't spill over to the entire financial system. If politicians fail to properly regulate cryptocurrencies out of fear of the electoral power of the industry, the long-term consequences will be detrimental. Promising directions remain Despite harsh criticism and a lot of speculation in the market, The Economist notes that cryptocurrencies are gradually gaining traction from mainstream financial institutions and tech giants. Among them, physical asset tokenization (RWA) is the direction of great potential stated in the article, and large US institutions such as BlackRock and Franklin Templeton have been actively deployed. At present, the most common application of digital assets is still the payment scenario, and many industrial enterprises have adopted stablecoins in cross-border or settlement. In developing countries with high inflation and weak banking systems, cryptocurrencies still achieve to some extent the functional positioning expected by early idealists. The Economist's "ultimate swamp asset" is not only a critique of the current state of cryptocurrency, but also a wake-up call against its lost intentions. When the crypto ideal moves towards power trading, whether the crypto industry will continue to be mired in the swamp of politics and speculation, or will be re-transformed through institutional reconstruction and technological innovation, will become a key proposition that all participants cannot ignore. Related reports "The Economist" shouted: 2025 is the era of "AI Agent", but you must pay attention to three difficulties The Economist Report" Institutional investors "continue to increase their holdings" of crypto assets, optimistic about the future market The Economist shouts that "Taiwan's lack of electricity" AI development will be limited! Former Google CEO Schmid: Electricity is a major bottleneck "The Economist fired: Cryptocurrencies have become the "ultimate swamp asset" involved in US politics, contrary to the original intention of decentralization" This article was first published in BlockTempo's "Dynamic Trend - The Most Influential Blockchain News Media".