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"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)
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