imagine using fartcoin to wipe out national debt.. what a time to be alive
coinfeeds-bot on
tldr; Anton Kobyakov, an adviser to Russian President Vladimir Putin, claimed at the Eastern Economic Forum that the US plans to use cryptocurrency to address its $35 trillion national debt. He alleged the US aims to shift its debt into USD stablecoins, devaluing it and enabling a financial reset. Kobyakov compared this strategy to past monetary resets during the Great Depression and Nixon’s 1970s decision to end the dollar’s gold link. US officials have proposed integrating crypto into national reserves, sparking debate over its impact on debt and global currency dominance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
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imagine using fartcoin to wipe out national debt.. what a time to be alive
tldr; Anton Kobyakov, an adviser to Russian President Vladimir Putin, claimed at the Eastern Economic Forum that the US plans to use cryptocurrency to address its $35 trillion national debt. He alleged the US aims to shift its debt into USD stablecoins, devaluing it and enabling a financial reset. Kobyakov compared this strategy to past monetary resets during the Great Depression and Nixon’s 1970s decision to end the dollar’s gold link. US officials have proposed integrating crypto into national reserves, sparking debate over its impact on debt and global currency dominance.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
Whatever works. Meanwhile he’s killing innocent families
I don’t think the current government gives a flying fuck about national debt as long as they can fill their own bags
I don’t really
I don’t understand how any of this is reliant upon crypto. We can issue new dollars via stablecoins or some other vehicle, but result is the same, no?