No government would approve of giving up their monopoly of money. He is simply framing it in a way that they could support. Bitcoin is money regardless. He’s using this narrative as a Trojan horse. I think people aren’t giving him enough credit
Discussion
I used to argue this point but now I'm seeing the damage it's doing and no longer believe that he's playing 4D chess.
I would disagree on your first sentence. During the 19th century up until WWI, a lot of governments didn’t have the monopoly on money and didn’t do the worse for it. It‘s all up to the ethics of those in power IMHO. And reverting to sound money would be one heck of a legacy for any president!
True but now that they have it, they won’t let it go so easily. Even trump believes in US dollar dominance.