Replying to Avatar Ghost of Truth

'Crypto Team' Starts Stablecoin Promotion

Yesterday's press conference by the US government's new 'crypto team' once again confirmed what we all basically know: Politics always has its own agenda! Not only does Bitcoin play a subordinate role, if any, in the political games. No, this was a press conference that largely dealt only with US dollar-denominated stablecoins and the regulated spread in the world to maintain the existing dollar dominance.

A big maneuver is being launched here to offload US government bonds (government debt) to global retailers. That way you can control your government debt in the short term. If you get government spending under control at the same time You may have a chance to break the debt spiral...

#bitcoin #stablecoins #us #usd #tether #nostr #grownostr #plebchain #btc #davidsacks

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Achilles 11mo ago

USDT on LN might accelerate global bitcoin adoption though, don’t you think?

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Ghost of Truth 11mo ago

That's possible. But the political focus really is on dumping public debt on retail

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