Replying to Avatar Marc Kat

Yeah, but I suspect they will figure out the real competition in about a decade, the decentralized alternative to central banking.

It's wild that the price of bitcoin has doubled in the last 12 months, yet so many people still prefer crypto backed by government Ponzi debt instead.
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Tim Bouma 6mo ago

The real endgame for the US is payment rails is where the USD becomes the global unit of account. The US doesn’t care how it’s settled underneath. Just look at the EuroDollar system that’s existed for decades. The goal is to have a payment system that looks like USD but all BTC underneath - no stablecoins required.

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Marc Kat 6mo ago

Yeah, but I think sats will eventually become the unit of account. Well... I hope so.

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Tim Bouma 6mo ago

Like the switch over to the metric system that resulted in the Americans still using Fahrenheit.

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hasky 6mo ago

Sigh…. I am very disappointed with Trump. He planned to raise tariff 30% to EU.. in August.

Crazy .

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Tim Bouma 6mo ago

35% tariff for Canada! The letter from the White House read like a Fifth Grader wrote it.