#稳定币监管与发展# The information revealed in this White House report makes me feel both vigilant and conflicted. On one hand, the government seems to be paving the way for the encryption industry, which will undoubtedly promote the development of the entire sector. On the other hand, we must approach the government's involvement with caution.

In the past few years, I have witnessed too many projects that were short-lived and ultimately became tools for harvesting profits. Now that the government wants to embrace DeFi, will it become a new opportunity for harvesting profits? Although the regulatory framework for stablecoins is beneficial for standardizing the industry, will it be misused to stifle innovation?

As an old investor who has experienced many ups and downs, I advise everyone to stay clear-headed:

1. Don't let surface-level good news cloud your judgment; FOMO emotions are often the death knell for retail investors.
2. Pay close attention to the actual implementation of new policies, and don't be fooled by empty promises.
3. Be cautious of new scams disguised as regulatory initiatives, especially so-called "compliance" projects.
4. Adhere to the value investment philosophy and do not let short-term fluctuations affect your judgment.

In short, stay vigilant and implement effective risk control; this is the key to long-term survival in this industry. I hope my hard-earned lessons can help everyone.