Coin, stock, and bond serve as pillars for each other, while gold and BTC together support US debt as collateral, and stablecoins support the global adoption rate of the US dollar. This structure makes the losses during the deleveraging process more socialized. This article originates from a piece by Zuo Ye, organized and written by Foresight News. (Background summary: Ray Dalio of Bridgewater: cryptocurrencies can become a "substitute currency" for the US dollar, and the US debt crisis is about to explode.) (Background information: Bitcoin's "red month": why September still dominates the cryptocurrency cycle.) The cycle originates from leverage, from the rapidly born and rapidly died Meme coins to the 80-year technology wave, humans always find some force, belief, or organizational method to create more wealth. Let's briefly review the current historical coordinates to frame why the intertwining of coins, stocks, and bonds is important. Since the late 15th century's great geographic discoveries, the core capitalist economies have undergone the following changes: