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The U.S. Will Weaponize The Dollar By Backing It With Bitcoin

  • Article
  • Oct 30, 2022
  • #CentralBank #Bitcoin
Luke Mikic⚡️🇸🇻🇦🇺
@LukeMikic21
(Author)
bitcoinmagazine.com
Read on bitcoinmagazine.com
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The United States government is likely to back the dollar with bitcoin in order to protect its status as issuer of the global reserve currency.

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WizardofAus @WizardofAus · Nov 1, 2022
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Great work @LukeMikic21 If you accept this thesis, then you have to consider *where* the US Govt accumulates a position in bitcoin from They’ll want continuation of the exorbitant privilege so that means a large position When backed in a corner all options are on the table 🤷‍♂️
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