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RE: LeoThread 2024-06-21 23:10

in LeoFinance7 months ago

The only way America is going to survive is if we outgrow the massive debt that is on the horizon

This is something frequently discussed by @taskmaster4450le - the growth and adoption of innovative technologies and how it has a deflationary impact on economies

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agreed. I also feel this way about Hive. I consider the massive debt all the hive tokens sitting on the different CEXs. We need more businesses built that can bring in revenue and less old bid-bot steem users dumping.

My dream would be for the US to put aside Empire and focus on becoming the world's Tax Haven. Especially for technology and technology services companies (like blockchains)

Actually you could do a classic debt-to-equity swap and be done with it.

US Treasuries are basically used as currency within international finance due to collateralization.

Hence eliminate the interest payments through a swap.