véritas on Nostr: I had to repost this from the amazing #[0]​ : “Is the United States playing ...

I had to repost this from the amazing Stack Hodler (npub1g4l…xt9c)​ :

“Is the United States playing #bitcoin chess while the rest of the world plays checkers?

Imagine you know the dollar endgame is near.

You've crossed the debt event horizon, and all that is left is for the US monetary system to eventually implode in a sovereign debt supernova.

What do you do? Wait for the inevitable? No.

You accelerate everything, and then exit-scam into the next global reserve asset before the rest of world even knows what hit them.

But how exactly?

1. Flood the world with dollars. Ignite global inflation.

2. Jack interest rates to the moon. Debt-laden Europe, China, etc. caught flat footed. Provoke wars to distract further.

3. In the meantime, blow up the crypto ponzis to scare everyone away and get Bitcoin prices as low as possible.

4. Pull a sudden 180 on #Bitcoin  and get every American boomer, corporation, pension fund, etc. into BTC as quickly as possible via the BlackRock ETFs.

While the BRICS play around with their Gold, China tries to hold its real estate ponzi together, Christine Lagarde buys some more Hermès scarves...

The US rapidly monetizes its debt with printed dollars.

BTC goes to $10 million+, US sovereign debt goes to zero.

US entities are protected from the debasement via their Bitcoin portfolio insurance.

El Salvador becomes the Singapore of the west.

@maxkeiser lives up to his last name and becomes Ceasar of a new island nation.

BTC becomes the new global reserve asset, with the majority held by US entities.

BTC forces fiscal responsibility onto US Federal government, parasitic politicians die out, US returns focus to builders like @elonmusk and attracts global talent.

The pendulum swings away from wokeness and the US returns to founding ideals.

Freedom of speech, religion, press, etc.

"Life, Liberty, and the pursuit of Happiness."

Small federal government, minimal foreign intervention (once upon a time the default stance of Americans).

AI advances unlock abundant energy, clean water, medical advances, etc.

US exports abundance to rest of world. Conflict over resources ends.

Bitcoin is the reserve currency of the machine economy.

Prices fall, Bitcoin purchasing power rises, humanity thrives.

~~~~~~~~~~

Now imagine for a second that this story has even a small chance of playing out...

If you're a competitor nation state, do you wait around to find out, or do you start stacking BTC immediately now that you see BlackRock going full-tilt into it?

We could be in the early stages of a global Bitcoin stack-off that leads to hyper-Bitcoinization.

Nations wouldn't be stacking for gains.

They'd be stacking to insure their wealth against the scenario outlined above.

Which means they wouldn't care about price, cycles, etc.

They care about exposure to the finite 21 million coins.

Reminder: They're all armed with money printers.

And the first one to print their currency to buy Bitcoin gains the biggest advantage.

Which means things could get really weird, really quickly.”