https://xcancel.com/LukeGromen/status/1857862004662325730#m 👆This thread shows the damage the USD reserve currency system has caused to the 🇺🇸. To maintain the reserve currency stays, the USA is forced to maintain high trade deficits - moving factories overseas, and creating wealth disparities in the 🇺🇸. China and others then recycle those dollars into the stock market. This gives ownership of these assets to foreign holders. One of the reasons I prefer Lutnick for Treasury Secretary is that, as a bitcoiner, he should recognize the need to kill the USD reserve currency system to benefit the 🇺🇸. The old system is dead. The question now is how quickly they rip off the bandaid.
This is the big concept that most people, including financial types, don’t understand yet. The 🇺🇸 reserve status (both treasuries and currency) is ending. It must end so that the factories can return and USA can rebuild. This is why the SBR is so important. It boosts BTC over gold to keep the USA in the driver’s seat. If Trump’s team were smart, they would headfake with “no SBR” and then scoop coins and then later “change their mind” after a few weeks. image
Lots of signposts that the former USD-centric system is dying. The fact that India and others are buying gold makes it more likely IMHO that the 🇺🇸 moves into BTC as quickly as they can. image