The Secret Empire of Wall Street: How the Debt Game Works
The logic behind the operation of the global financial system may seem complex, but it follows a simple set of rules: controllers do not directly own assets, but instead control liquidity through layered debt relationships. From the Federal Reserve to JPMorgan Chase, from traditional European banking families to the massive derivatives market, the entire financial system functions like a vast shadow banking network—transparent on the surface, but secretly operated behind the scenes.
The core tools of this system include collateral circulation, yield regulation, price signal manipulation, credit expansion, and countless layers of financial derivatives such as Eurodollars, swaps, futures, and repos. These intertwine like an omnipresent financial trap, tightly controlling the lifeblood of the world economy in the hands of a few financial institutions. For over a century, this system has been as stable as a rock.
The Emergence of Dissenters: Who Is Seeking Change?
But now, the tide is turning. Opposing this enormous financial system is a rising force—those countries attempting to break free from dollar hegemony, corporations tired of inefficient banking systems, and ordinary investors who want to control their wealth and pursue permissionless assets.
Their demands may seem different, but fundamentally they are the same: to find a way out of the old system. And Bitcoin has become the first hope they see.
Before STRC’s Appearance: Bitcoin Was Still a Marginal Asset
Before MicroStrategy launched STRC, Bitcoin was more of a concept, an experiment. But when this company decided to use Bitcoin as the core collateral for financial instruments and created products that could circulate in traditional capital markets, everything changed.
STRC is not an ordinary financial product. It is the world’s first regulated, Bitcoin-backed yield instrument. This means ordinary savers can now directly purchase an asset backed by real Bitcoin within their brokerage accounts, without entering the complex shadow banking system.
Key data shows: STRC’s yield can reach up to 10.75%, while traditional bank savings interest rates are only 0.1% to 1%. This is not just a numerical comparison but a direct competition between two financial ecosystems.
Perfect Self-Reinforcement: Why Wall Street Is Starting to Worry?
The true power of STRC lies in its feedback loop mechanism—this is what makes financial giants feel genuinely threatened:
Investors buy STRC → MicroStrategy uses funds to buy real Bitcoin → Bitcoin supply in the market tightens → Bitcoin price rises → The value of Bitcoin as collateral increases → Company borrowing costs decrease → More investors are attracted by low costs to buy STRC → The company buys more real Bitcoin
This is a perfect self-reinforcing flywheel—a real asset-driven perpetual motion machine.
Traditional banking systems cannot operate this logic. They cannot accept Bitcoin as collateral, settle with Bitcoin, “print” Bitcoin out of thin air, or easily freeze it. The strength of this system lies in its physical reality—Bitcoin is a tangible asset, a hard currency, not a virtual debt record.
JPMorgan’s Counterattack: How Old Powers Respond to New Threats?
In July 2025, JPMorgan suddenly increased the margin requirement for MicroStrategy stock from 50% to 95%. This means that purchasing $100,000 worth of MSTR stock now requires $95,000 in cash, nearly eliminating leverage trading possibilities.
Notably, JPMorgan did not impose similar measures on high-volatility stocks like Tesla, NVIDIA, or Coinbase. MicroStrategy became the only targeted entity. This is not a market adjustment but a deliberate suppression.
Subsequently, Wall Street’s “synthetic counterattack” followed. On November 25, 2025, JPMorgan filed documents with the SEC to launch a leveraged Bitcoin structured note linked to the BlackRock IBIT ETF.
This is classic Wall Street tactics: they do not control the assets themselves but control the debt rights to those assets. They do not truly own gold but control synthetic gold through derivatives; they do not own silver but can control synthetic silver. Now, they aim to replicate this model with Bitcoin—creating “synthetic Bitcoin” and extracting fees from it.
Why Will They Ultimately Compromise?
But this time, the script of history cannot be repeated. The actions of Wall Street itself have already shown everything:
BlackRock launched the fastest-growing ETF ever, not targeting bonds or stocks, but Bitcoin. Pioneers like Franklin and others followed closely. Even JPMorgan, which raised MicroStrategy’s margin requirements, is now launching Bitcoin-linked structured notes.
Why have they changed their attitude? The answer is simple: they realize Bitcoin is becoming the new collateral layer absorbing the most liquidity in the financial system. This is not fear but market reality. Every major financial institution is launching various Bitcoin-related products to control “orbit,” capture fees, master convexity, and extract upward profits.
Ordinary investors may have gained some Bitcoin exposure, but most economic benefits flow to Wall Street’s intermediaries.
Real Assets vs. Synthetic Tools: Your Choice
This is the key point: you do not need to buy these synthetic versions. You don’t need banks to do it for you, structured notes, third-party custody, or derivatives trading platforms.
You can own real Bitcoin directly—this truly scarce asset, the thing Wall Street is rushing to package and try to separate from your hands.
Financialists’ relentless efforts against Bitcoin are not out of fear of its existence, but because they know Bitcoin is the cornerstone of the next financial system. They try to control the “orbit” because they understand where liquidity will flow. But Bitcoin has already provided its own orbit for you, without any intermediaries.
Those who are prepared before this shift becomes obvious will be the true winners in this historic turning point. The power of choice is now in your hands.
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The Rise of Bitcoin: From Financial Monopoly to Sovereign Asset Power Shift
The Secret Empire of Wall Street: How the Debt Game Works
The logic behind the operation of the global financial system may seem complex, but it follows a simple set of rules: controllers do not directly own assets, but instead control liquidity through layered debt relationships. From the Federal Reserve to JPMorgan Chase, from traditional European banking families to the massive derivatives market, the entire financial system functions like a vast shadow banking network—transparent on the surface, but secretly operated behind the scenes.
The core tools of this system include collateral circulation, yield regulation, price signal manipulation, credit expansion, and countless layers of financial derivatives such as Eurodollars, swaps, futures, and repos. These intertwine like an omnipresent financial trap, tightly controlling the lifeblood of the world economy in the hands of a few financial institutions. For over a century, this system has been as stable as a rock.
The Emergence of Dissenters: Who Is Seeking Change?
But now, the tide is turning. Opposing this enormous financial system is a rising force—those countries attempting to break free from dollar hegemony, corporations tired of inefficient banking systems, and ordinary investors who want to control their wealth and pursue permissionless assets.
Their demands may seem different, but fundamentally they are the same: to find a way out of the old system. And Bitcoin has become the first hope they see.
Before STRC’s Appearance: Bitcoin Was Still a Marginal Asset
Before MicroStrategy launched STRC, Bitcoin was more of a concept, an experiment. But when this company decided to use Bitcoin as the core collateral for financial instruments and created products that could circulate in traditional capital markets, everything changed.
STRC is not an ordinary financial product. It is the world’s first regulated, Bitcoin-backed yield instrument. This means ordinary savers can now directly purchase an asset backed by real Bitcoin within their brokerage accounts, without entering the complex shadow banking system.
Key data shows: STRC’s yield can reach up to 10.75%, while traditional bank savings interest rates are only 0.1% to 1%. This is not just a numerical comparison but a direct competition between two financial ecosystems.
Perfect Self-Reinforcement: Why Wall Street Is Starting to Worry?
The true power of STRC lies in its feedback loop mechanism—this is what makes financial giants feel genuinely threatened:
Investors buy STRC → MicroStrategy uses funds to buy real Bitcoin → Bitcoin supply in the market tightens → Bitcoin price rises → The value of Bitcoin as collateral increases → Company borrowing costs decrease → More investors are attracted by low costs to buy STRC → The company buys more real Bitcoin
This is a perfect self-reinforcing flywheel—a real asset-driven perpetual motion machine.
Traditional banking systems cannot operate this logic. They cannot accept Bitcoin as collateral, settle with Bitcoin, “print” Bitcoin out of thin air, or easily freeze it. The strength of this system lies in its physical reality—Bitcoin is a tangible asset, a hard currency, not a virtual debt record.
JPMorgan’s Counterattack: How Old Powers Respond to New Threats?
In July 2025, JPMorgan suddenly increased the margin requirement for MicroStrategy stock from 50% to 95%. This means that purchasing $100,000 worth of MSTR stock now requires $95,000 in cash, nearly eliminating leverage trading possibilities.
Notably, JPMorgan did not impose similar measures on high-volatility stocks like Tesla, NVIDIA, or Coinbase. MicroStrategy became the only targeted entity. This is not a market adjustment but a deliberate suppression.
Subsequently, Wall Street’s “synthetic counterattack” followed. On November 25, 2025, JPMorgan filed documents with the SEC to launch a leveraged Bitcoin structured note linked to the BlackRock IBIT ETF.
This is classic Wall Street tactics: they do not control the assets themselves but control the debt rights to those assets. They do not truly own gold but control synthetic gold through derivatives; they do not own silver but can control synthetic silver. Now, they aim to replicate this model with Bitcoin—creating “synthetic Bitcoin” and extracting fees from it.
Why Will They Ultimately Compromise?
But this time, the script of history cannot be repeated. The actions of Wall Street itself have already shown everything:
BlackRock launched the fastest-growing ETF ever, not targeting bonds or stocks, but Bitcoin. Pioneers like Franklin and others followed closely. Even JPMorgan, which raised MicroStrategy’s margin requirements, is now launching Bitcoin-linked structured notes.
Why have they changed their attitude? The answer is simple: they realize Bitcoin is becoming the new collateral layer absorbing the most liquidity in the financial system. This is not fear but market reality. Every major financial institution is launching various Bitcoin-related products to control “orbit,” capture fees, master convexity, and extract upward profits.
Ordinary investors may have gained some Bitcoin exposure, but most economic benefits flow to Wall Street’s intermediaries.
Real Assets vs. Synthetic Tools: Your Choice
This is the key point: you do not need to buy these synthetic versions. You don’t need banks to do it for you, structured notes, third-party custody, or derivatives trading platforms.
You can own real Bitcoin directly—this truly scarce asset, the thing Wall Street is rushing to package and try to separate from your hands.
Financialists’ relentless efforts against Bitcoin are not out of fear of its existence, but because they know Bitcoin is the cornerstone of the next financial system. They try to control the “orbit” because they understand where liquidity will flow. But Bitcoin has already provided its own orbit for you, without any intermediaries.
Those who are prepared before this shift becomes obvious will be the true winners in this historic turning point. The power of choice is now in your hands.