How Trump can delete USA’s debt:
1. Convert USA’s 207k BTC to a strategic reserve
2. Start printing USD to stack as much BTC as possible
3. Inflation of USD will make USA’s debt worthless
4. USA then holds a lot of Bitcoin and have zero national debt
5. Make BTC legal tender
But where did money come from? It would hyperinflate the dollar and ruin everyone holding usd.
I am curious about how much million Bitcoin purchase would cause inflation to go up, since it would cause demand to increase for Bitcoin, decrease for USD and also decrease for other monetary premium assets like real estate. So I wonder if the net deflation would counteract the net inflation.
Theory is faster hyper Bitcoin is better. Not sure how to prove it out.
Also it would be a lot cooler if all the citizens could outsmart the government and convert their savings to Bitcoin first.
I don't think I understood this til now
Well, I hope other countries be ready to be devalued with that plan. There’s more dollar out borders than in.
dont be caught up in no investigation room accepting food
