The U.S. Will Weaponize The Dollar By Backing It With Bitcoin
- Article
- Oct 30, 2022
- #CentralBank #Bitcoin
The United States government is likely to back the dollar with bitcoin in order to protect its status as issuer of the global reserve currency.
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WizardofAus @WizardofAus
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Nov 1, 2022
Great work @LukeMikic21 If you accept this thesis, then you have to consider *where* the US Govt accumulates a position in bitcoin from They’ll want continuation of the exorbitant privilege so that means a large position When backed in a corner all options are on the table 🤷♂️