Let's consider the USD from the standpoint of a memecoin:
-34 trillion supply
-No supply cap
-1 Node
-25% of supply minted in the last 6 months
-1% of holders own 30℅
-Backed by the US gvt stuck into a debt trap
Sure there are many coyntries with USD debt obligations but given time, the landscape should look quite different. Still a fan of brent johnson's milkshake theory.
MineBTC /
npub1ur…klvzn
2024-07-17 14:21:57
Author Public Key
npub1urdnh9wd0ml8wsd7mh2shnwem8tj7lguqjntp2tqw8rzg5cpw5qs4klvznPublished at
2024-07-17 14:21:57Event JSON
{
"id": "9eec8ce18d0a68c3ec1015646112a6df35059d375c74377782b1cb68032b9312",
"pubkey": "e0db3b95cd7efe7741beddd50bcdd9d9d72f7d1c04a6b0a96071c62453017501",
"created_at": 1721226117,
"kind": 1,
"tags": [],
"content": "Let's consider the USD from the standpoint of a memecoin:\n\n-34 trillion supply\n-No supply cap\n-1 Node\n-25% of supply minted in the last 6 months\n-1% of holders own 30℅\n-Backed by the US gvt stuck into a debt trap\n\nSure there are many coyntries with USD debt obligations but given time, the landscape should look quite different. Still a fan of brent johnson's milkshake theory.",
"sig": "0578f17148c57ea1be94d8d86d3393aff04115936ef5cff3922a6c86253c1e778c402e5816bc87a570ce07c464ade8c19199b6cafecd52300d76bb6b96b0a084"
}