On April 5th, Michael Saylor tweeted that Bitcoin has already won, and the global consensus now regards Bitcoin as "digital capital." The traditional four-year cycle has ended, and price movements are now more driven by capital flows. The banking system and digital credit will determine Bitcoin's future growth trajectory. At the same time, he warned that the greatest risk lies in misguided ideas prompting "iatrogenic" modifications to the protocol, meaning human interventions that could potentially harm the Bitcoin protocol itself.