RE: LeoThread 2026-01-07 21-13
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I've been hearing that Trump might move USD into crytpo, devaluing it, revaluing gold and using it to wipe out our debt. This is essentially what they did the last time
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I started doing a deep dive about what happened in the 30s with the whole Gold revaluation... went from $24 a Troy once when people had to sell the gold they owned to the government, to $35 within a year!
The difference here is that they cannot really do the same thing with BTC and crypto. It's in too many hands all over the globe.
They don't need to do anything with BTC, but converting USD into a full blown crypto is what they can do. Think of LeoStrategy on steroids to pay the debt and I didn't mean devaluing crypto, just the dollar. How they can wipe out the debt in one fell swoop is beyond me though.
The only way to wipe it out in one fell swoop is by going bankrupt which they won't do. Can't give up that world currency so easily
The game Trump or his advisors may be on to is with USDC. If it becomes a dominant form of digital money, then U.S. debt doesn’t need to be “reset” — it just gets diluted across everyone using
Pretty damn genius actually
Genius if you don't care about freedom or privacy. I'm not interested in giving up either. I don't give a shit about the debt. I built my life so I don't pay taxes, so the debt isn't my problem nor will it causing problems hurt me much...
That's pretty awesome. I wish I could live 100% tax free... not there yet. I still have some income, real estate and road taxes to pay!
The debt is you problem when the government inflated the money supply to lower the debt ratio. They steal from you through your buying power by the way.
Lol, TEMU is my best friend
Lol, nice!