That was my knee-jerk reaction, but maybe I'm wrong. What if they sell bonds to Tether for stablecoins to stack sats?
It could work for a while.
Discussion
Maybe in the short to medium term.
Agreed. The dollar ends in the long term. I think there is some chance they buy bitcoin with debt which could cause the "growth" they are searching for. Basically, they use the MicroStrategy playbook.
It will work in the short term, but it would end the dollar in the medium term.