sovereignbeef on Nostr: I disagree. The pain would be greater. Deploying a digital USD system would give the ...
I disagree. The pain would be greater.
Deploying a digital USD system would give the rest of the world as much access to the reserve currency as Americans have.
That would put all of us onto the same sinking ship. Then people could choose to get in the lifeboat - which they’d have seamless and instant access to - or go down with the ship.
Many will choose the latter, but again - this way results in less death and misery.
Have you considered what a sudden collapse of USD would do to the millions of elderly Americans who rely on social security benefits to survive? Or the millions of American workers whose retirement/pension accounts are bond heavy?
You’re sitting in a lifeboat and calling for the ship you escaped from to go down and kill everyone who hasn’t escaped from it yet.
90% of them don’t even realize it’s sinking or that there’s a lifeboat they can trust yet.
Deploying a digital USD system would give the rest of the world as much access to the reserve currency as Americans have.
That would put all of us onto the same sinking ship. Then people could choose to get in the lifeboat - which they’d have seamless and instant access to - or go down with the ship.
Many will choose the latter, but again - this way results in less death and misery.
Have you considered what a sudden collapse of USD would do to the millions of elderly Americans who rely on social security benefits to survive? Or the millions of American workers whose retirement/pension accounts are bond heavy?
You’re sitting in a lifeboat and calling for the ship you escaped from to go down and kill everyone who hasn’t escaped from it yet.
90% of them don’t even realize it’s sinking or that there’s a lifeboat they can trust yet.