gek on Nostr: Forcing the world to use the USD as reserve currency has a price. The USofA has been ...
Forcing the world to use the USD as reserve currency has a price. The USofA has been paying the price for decades. It’s sort of a tacit part of the deal.
Trump wants to stop paying the price. Yes please. I don’t live in the United States. I won’t have to deal with that part of the consequences.
The US economy needs to accumulate 5.25M BTC to cover the 25% of world GDP they currently claiming via the USD scheme.
They also need to fix a trade deficit of 100B (let’s use 80B to be kind). With a world GDP around 100T, let’s assume a BTC price of 5M. That’s losing 16K BTC per month to other economies (or 190K BTC per year)
Trump wants to stop paying the price. Yes please. I don’t live in the United States. I won’t have to deal with that part of the consequences.
The US economy needs to accumulate 5.25M BTC to cover the 25% of world GDP they currently claiming via the USD scheme.
They also need to fix a trade deficit of 100B (let’s use 80B to be kind). With a world GDP around 100T, let’s assume a BTC price of 5M. That’s losing 16K BTC per month to other economies (or 190K BTC per year)