Read_841 - Trump Embraces the “Bitcoin-Dollar”

August 24, 2024 01:09:28
Read_841 - Trump Embraces the “Bitcoin-Dollar”
Bitcoin Audible
Read_841 - Trump Embraces the “Bitcoin-Dollar”

Aug 24 2024 | 01:09:28

/

Hosted By

Guy Swann

Show Notes

"The end result was a historical wealth transfer from regular Americans to a handful of billionaires. This wealth transfer, which was heavily premeditated and provably used the COVID-19 crisis as cover, should be treated as an unprecedented theft from the American taxpayer. Yet few Americans know that it even happened." — Unlimited Hangout

We've always supposed that Bitcoin was going to challenge the dollar and reign in the irresponsible and corrupt monopoly held by the US govt over the global debt markets. But what if we were wrong? What if the embrace of Bitcoin and stablecoins by the US govt is actually a move that lets them not only maintain their levels of debt and degeneracy, but even expand them for generations to come? What if Bitcoin isn't the downfall of the dollar, but instead its savior?

Today we dive into another fantastic exploration of the problem with stablecoins and the political play for dominance being made by establishment powers, with Mark Goodwin's and Whitney Webb's incredible piece, "Trump Embraces the Bitcoin-Dollar."

Check out the original article at Trump Embraces the “Bitcoin-Dollar”, Stablecoins to Entrench US Financial Hegemony (Link: https://tinyurl.com/d692dxkd)
 

Links to check out

 

Host Links

Check out our awesome sponsors!


"It is better to be hated for what you are than to be loved for what you are not." - Andre Gide

Other Episodes

Episode

September 17, 2021 01:05:31
Episode Cover

Read_560 - The Schumpeterian Bitcoin Cycle [Prateek Goorha]

"Schumpeter would have loved Bitcoin. He would have seen in Bitcoin a living representation of his theory of capitalism, so often quoted but rarely...

Listen

Episode

June 21, 2019 00:24:11
Episode Cover

CryptoQuikRead_262 - The Bitcoin Time Traveler [Luka_Magnotta]

A message from the future... from 2013.  Just one of those memes that made its place in Bitcoin's cultural history, we read the infamous...

Listen

Episode

April 05, 2018 00:34:42
Episode Cover

CryptoQuikRead_042 - Critique of Buterin's Proof of Stake Design Philosophy

Tuur Demeester lays out his arguments against Vitalik's Proof of Stake Design Philosophy.  Guess what he has to say.  Listen to today's quick read...

Listen