Justin Sun: Market Overly Concerned About US Treasury Credit Crisis; US Dominance in AI Is Key to Treasury Demand

October 19: Tron founder Justin Sun said in an offline dialogue with Jin Ming that market concerns about a U.S. Treasury credit crisis may be excessive. He believes the core issue with U.S. Treasuries is not solvency, but whether the United States can continue to maintain global dominance in technology and the military, thereby supporting sustained global investor demand for U.S. Treasuries.

Justin Sun stated 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. The United States' global influence in technology and the military 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.

In response to whether persistently rising U.S. Treasury yields reflect weakening market confidence, Justin Sun believes this is also related to competition in asset allocation between AI and U.S. Treasuries: when investors are more optimistic about equities and other assets such as AI, risk-free assets need to offer higher yields to attract capital. He said that as long as the United States can still maintain dominance in the AI sector, U.S. Treasuries will not lack buyers.