Crypto is going to make winners and losers. The US is going to be a big loser in giving up the world's foremost reserve currency. But it is also going to be a big winner. Consider that the trillions of bond holders are going to be paid back in seriously inflated dollars. This includes, for example, the Chinese government. All the US treasury has to do is create a crypto "FEDCOIN" in which tax payment is demanded. The dollar inflates. The debt goes away.
You are viewing a single comment's thread from: