📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
📌 How to Participate
Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
Add hashtag: #PUBLIC Creative Contest#
Include screenshots of your Launchpool participation (e.g., staking record, reward
Analysis: Trump's firing of Powell may trigger a crisis similar to the Turkish lira, leading capital to flow into BTC and stablecoins.
According to Jinse Finance, Trump plans to fire Federal Reserve Chairman Jerome Powell, but experiences with the Central Bank of Turkey seem to serve as a warning against such actions. Turkish President Erdogan issued the first decree to dismiss the country's central bank governor, Murat Cetinkaya, in July 2019. Following this, a series of interventions by the Turkish Central Bank in 2020-21 led to the collapse of the national currency and directed capital towards BTC and stablecoins. If Powell is dismissed, it could accelerate the dumping of the dollar and subsequently promote Bitcoin adoption. Data shows that the dollar index has already fallen by more than 10% in three months, currently dropping to 98.