【Point of View: If Bitcoin Becomes a Strategic Reserve Asset, the Award Emblematic of the U.S. Federal Reserve's Leadership in Global Monetary Policy Will End】 November 18th, Christian Catalini, Co-Founder and Chief Strategy Officer of Lightspark, and Founder of the MIT Cryptoeconomics Lab (who was also a former Co-Founder of the failed Diem/Libra project), shared his views on U.S. debt, the Bitcoin strategic reserve proposal, and the call to replace Federal Reserve Chairman Powell.Catalini believes that despite some misinformation in the market, the U.S. is not actually facing a debt crisis. From a more macro perspective, the world as a whole has accumulated debt, especially after the 2008 global financial crisis. While this doesn't mean that excessive debt is a good thing, it is a common problem that almost every country must address in some way. However, if Powell is removed next January, it will undermine the SEC's institutional credibility, weaken the dollar, and raise doubts about the market's ability to sustain debt. If Bitcoin does indeed become a strategic reserve asset in the future, this could signal the "end of the Federal Reserve's leadership in global monetary policy."