interesting hypothesis. I think you have to factor dollar weakness into this. If the bond market imploded, where will these companies put their cash as they sell? Most companies have treasury requirements.
Discussion
The govt is ramming through stable coin regs to get cash deposits to defecto buy bonds. All the stable coins buy treasuries (largest buyers of govt debt). Harvest public deposit accounts to support the bond market.
Seems like nostr:nprofile1qqsyx708d0a8d2qt3ku75avjz8vshvlx0v3q97ygpnz0tllzqegxrtgppamhxue69uhkumewwd68ytnrwgqs6amnwvaz7tmwdaejumr0dsxxn50k did an analysis that shows it won't be anywhere near enough to support the treasury market.
It won't be enough, just a last ditch effort to keep the ponzi going.
We're entering a two tier economy; those with bitcoin and those without.
Oh, I completely agree with you on that. I'm watching everything get cheaper around me while everyone I know worries about inflation. At some point they will get locked into a digital dollar with no exit route.
Smart companies and people will buy btc but everyone in between will get forced into dollar tokens to bail out the govt.