Says all the US bond holders (the buyers of US debt). This includes for example all pensioners not only in the US, but basically every other country in the world. If the US defaults on their debt, the underlying bonds become worthless and all the buyers (literally millions of people across the globe) get rugpulled, probably many of them ending homeless and hundreds of thousands if not millions dead from starvation, suicides and other violent deaths due to rampant crimes in every society that does not live in the forest. If you think this would be good for Bitcoin, think again.
Discussion
AI makes us sound cleverer. These are all symptoms of what Bitcoin was invented to render obsolete. A fiat pyramid scheme cannot exist alongside a free market economy if Bitcoin is the base level $. One is a lie; while the other is a form of the truth. in this case, honest money. People are already in the streets and that’s where we are all headed if….They can’t work because they’re caught behind/between a bureaucratic cluster fuck of debt. For which their only cure is always war. Enter Bitcoin.
AI? It’s common knowledge. No system can exist without tradeoffs. If you think just because we’re into Bitcoin we’re immune from the consequences, you’re not living in reality.