– Some Bitcoin enthusiasts simply want to vote for a candidate who is pro-Bitcoin.

– Wall Street is warming up to Bitcoin.

– The establishment is cozying up to Bitcoin.

– Trump stated at the Bitcoin conference that he wants to yoke Bitcoin and dollar-denominated stablecoins together, using that to expand U.S. dollar hegemony.

– Do you want hyperbitcoinization at all costs? Even if it means Bitcoin is no longer a tool for financial freedom and is instead used by intelligence agencies for surveillance and by Wall Street for its own purposes?

– If you want Bitcoin to end irresponsible fiscal policy and serve as a tool for financial freedom for everyone, then Trump’s policies don’t align with that goal.

– Trump has been openly against CBDCs (central bank digital currencies) but is pro-stablecoins.

– However, stablecoins are just as surveillable and programmable as CBDCs.

– Stablecoin companies like Circle openly discuss the programmability of their stablecoin.

– Circle is deeply involved with BlackRock.

– Tether has an alliance with the FBI and the Secret Service.

– They freeze wallets at the behest of the U.S. government.

– They are an extension of U.S. fiscal policy.

– It’s a public-private partnership.

– This is the model the U.S. favours.

– We need to build robust privacy tools on Bitcoin’s base layer.

– We should make Bitcoin transactable, rather than just a store of value that people hold.

– BlackRock’s Larry Fink views Bitcoin as “technology for asset storage.”

– The dollar is hyperinflating into Bitcoin.

– Countries are de-dollarizing.

– There is less incentive to hold U.S. Treasuries because the U.S. keeps printing USD.

– However, stablecoins are now providing record demand for U.S. Treasuries.

– Since the creation of the Federal Reserve, the U.S. dollar’s purchasing power has been declining for over 100 years.

– To move away from this, some see Bitcoin as the only means of digital credit. Yoking digital dollars to Bitcoin and using it as a sink for hyperinflation seems to be the idea.

– The best person to speak on this is Mark Goodwin, who wrote the book “The Bitcoin Dollar” .He is the Editor-in-Chief of Bitcoin Magazine.

– If this system comes to fruition, it has major implications for why many people got into Bitcoin in the first place—to stop irresponsible central bank policy and the debt burden. Bitcoin does not provide an incentive to stop printing or issuing interest-bearing debt since they would just use Bitcoin as a sink.

– So, Bitcoin could possibly not kill fiat, central banks, and the debt-based usurious system, but rather perpetuate it.

@_whitneywebb :