GM, oops this is a bit of an intensive post for a Saturday morning - sorry my OCD got the better of me. 🤣🤣🤣
Just sharing my personal take on the current situation - (conviction without guarantee 🙏)
I'm all for Separation of Money & State and all that BUT The Creature of Jekyll Island (i.e The FED) is not that - it's a Central Banking monopoly facilitated by Crony Capitalism! Personally, I would go as far as to agrue they should be delt with under the powers of the Racketeer Influenced and Corrupt Organizations Act (RICO). Hence, I have no problem with Trump forcing them to lower interest rates and ramming all the debt down the FED's throat causing the them to CHOKE (economically) and eventually implode! 🤣😂🤣
Obviously nobody wants chaos as the Central Banking system implodes so we need a dual currency system in place during the transition phase! I hope there is sufficient common sense to allow all these new stablecoins as Taproot assets backed by hard assets (i.e BTC) rather than just recreating a new version of the old new system backed by debt again. 🙏
Obviously once BTC has reached it's TAM and is at $13m+ there will be no need for stablecoins anymore.
Am I on the money or just manifesting, would love to know what you think? 👇