The article from The Wall Street Journal, titled "Crypto Could Stave Off a U.S. Debt Crisis" by Paul D. Ryan, discusses how the U.S. might mitigate its looming debt crisis through the adoption of dollar-backed stablecoins. Key points include:

1. **Debt Crisis Trajectory**: The U.S. is on a path towards a severe debt crisis without fiscal reform. A failed Treasury auction could trigger an economic downturn, causing a significant devaluation of the dollar.

2. **Stablecoins as a Solution**: Dollar-backed stablecoins could boost demand for U.S. public debt and maintain the dollar’s global dominance. These stablecoins, backed by U.S. dollars, would serve as a reliable asset in the digital economy.

3. **Global Trends**: Other countries, notably China, are advancing their digital currency initiatives. The U.S. risks falling behind if it does not innovate and embrace digital currencies.

4. **Implementation Strategy**: The U.S. should promote stablecoins by updating financial regulations and providing clear guidelines. This would enhance the stability and attractiveness of U.S. financial assets globally.

5. **Economic Impact**: Adopting stablecoins could increase global demand for dollars, reduce dependency on traditional Treasury debt, and offer a new avenue for economic growth.

6. **Policy Recommendations**: The article suggests immediate policy actions to support stablecoins, which could help prevent a fiscal crisis and secure the U.S.'s financial future.

The author concludes that embracing stablecoins could provide the U.S. with much-needed economic stability and maintain its competitive edge in the global financial system.

Global stats

I suppose that depends on the value of each Satoshi in 20 years this obviously isn’t for the money but for the hobby

Love my solar tactix Delta sapphire

on sale right here https://t.co/TgPdHmj7pQ

about 40 sats per day on braiins pool

#bitaxe on sale https://t.co/TgPdHmj7pQ $40 off retail

Dropping this note to myself https://youtu.be/F5zwmrUfzIs?si=ca961PIIbV7GzvaH #bitaxe #nerdaxe

And another one 🕺🏻 #nerdaxe #bitaxe

Oh yeah, I know. I'm going to start mining testnet4 here soon

oh, ok, nevermind then. Good luck. I use these to play with multisig

frontrunbitcoin@protonmail.com

700,000,000+ tsats

I do

Unchain boomer I like this

#nerdaxe #testnet4 #plebchain

1. Get a Testnet wallet address

2. Connect to VKBIT Testnet pool

- Address: tn.vkbit.com

- Port: 3333

- Password: x

https://testnet.vkbit.com/

Fun weekend ahead

#plebchain #ecash #nuts let’s see how long this last

I have unit two on its way 🤦🏻

With #nerdaxe

#braiins hardware? 👀 #bitaxe

Activity bias is a bitch

I’ll take the sats 🕺🏻 #nerdaxe #plebchain #braiins