Yeah - they dump all that and we’re screwed…but again maybe that’s the goal. Then they can sweep in and replaced the crashed dollar with crypto
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They can try, but crypto isn’t real, that’s one sure way to prove that.
apr 16, 2025, 12:34 am • 0 0 • view
Yes - only “intrinsic value” is dark money aspect Bitcoin as tender failed in El Salvador (Bukele) Musk wants treasury payments on blockchain w/ grift in seignorage + platform Thiel/Yarvin etc want techno/crypto-states Trump: crypto capitol + fire Fed chair 🫣 www.economist.com/finance-and-...
apr 16, 2025, 1:32 am • 1 0 • view
If they get to do any of that it will massively fail.
apr 16, 2025, 7:00 am • 1 0 • view
Hard agree It would cause irreparable damage to America - the stability of U.S. treasuries underlie our proper functioning of financial systems and global trade - which have been to America’s benefit and why so much money moves through and held in our system as the major reserve currency etc
apr 16, 2025, 11:37 am • 1 0 • view
That’s over. With Japan and China liquidating American treasury securities. That ship has sailed.
apr 16, 2025, 1:11 pm • 0 0 • view