Let's think about this. Banks issue tokens tied to the USD, backed by US Treasuries. Yes, it drives demand for USD and, by extension UST. But, now you have everyone around the globe with a wallet on their phone and computer. And you have a bunch of angry countries whose currency just got hammered. What do you think they will do? Hmm. I don't know. Maybe they issue a token / currency backed by hard assets. What does the US do then, as price inflation rips and tears US society at the seams? The smart thing is hard money standard. You don't want to late to this party. #Mandibles