Justin Sun: Market Overly Concerned About US Treasury Credit Crisis; US Dominance in AI Is Key to Treasury Demand
BlockBeats news, October 19 - Tron founder Justin Sun recently stated in an offline dialogue with Jin Ming that market concerns about a U.S. Treasury credit crisis may be excessive. He believes that the core issue with U.S. Treasuries is not solvency, but whether the United States can continue to maintain global dominance in technology and military affairs, thereby supporting sustained global investor demand for U.S. Treasuries.
Justin Sun said that the United States can repay old debt by issuing new debt, and the key lies in whether newly issued U.S. Treasuries can continue to attract market subscriptions. America's global technological and military influence is an important foundation for investors' willingness to hold U.S. Treasuries. As AI becomes the core area of future development, dominance in chips, the storage industry chain, and AI technology will become even more important.
Regarding whether continuously rising U.S. Treasury yields reflect weakening market confidence, Justin Sun believes this is also related to asset allocation competition between AI and U.S. Treasuries: when investors are more optimistic about equity assets such as AI, risk-free assets need to offer higher yields to attract capital. He stated that as long as the United States can still maintain dominance in the AI field, U.S. Treasuries will not lack buyers.
More quick news from this interview:
"Justin Sun: Quantum Computing Risk Underestimated by the Market, Q-Day May Come in 1 to 1.5 Years"
