Considering 90% of ALL USD stablecoins are backed by US government debt, is this such an unlikely outcome?🤔
⭐️NOBODY has connected these 7 steps.⭐️👇
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1) US needs someone to buy US debt.
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2) BRICS dedollarizing & 2022 Russian reserves confiscation has shown the world USDs are no longer safe...
If you're the US... how do you counter this move...
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3) Raise interest rates faster than you have in history, creating an enormous wave of USD demand & global inflation.📈
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4) Higher global inflation creates demand for an alternative safe haven.
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5) Bitcoin, Gold & USD demand skyrockets, as people dump local, inferior fiat currencies.✅
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6) In the areas where demand for Bitcoin increases, demand for USD stablecoins ALSO increases.📈
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7)*IF* these USD stablecoins are backed by US government debt, the proliferation of #Bitcoin & subsequent increased demand for USD stablecoins, is good for America.✅🇺🇸
Most people believe the monetization of Bitcoin will hurt the US the most, as they currently hold the global reserve currency...
I disagree.
The monetization of Bitcoin benefits one nation disproportionally more than any other country.
Whether they like it, welcome it, or ban it; the UNITED STATES is the country that benefits most from the monetization of Bitcoin.🇺🇸
How does RFKs recent Bitcoin-backed dollar play into this HYPOTHETICAL thesis?
Let me know your thoughts below in the comments:👇
I believe Bitcoin will help to extend the life of the USD longer than many can conceptualize, and here is why...👇