Chris Goward on Nostr: Is saylor's goal to support the USD world dominance? On this recent podcast about an ...
Is saylor (npub15dq…lm5m)'s goal to support the USD world dominance?
On this recent podcast about an hour in: https://www.galaxy.com/insights/podcasts/galaxy-brains/michael-saylor-on-btc-at-100-k-and-the-future-of-micro-strategy/
He says Bitcoin will never be a currency. He wants USD-backed stablecoins to be the world’s currency. He wants them to be issued by US-based financial institutions like JP Morgan and Goldman Sachs.
He says, “My evil genius strategy: you dump gold, demonetize the gold network, buy bitcoin to monetize the bitcoin network. You support digital currency and you define digital currency as the US-dollar backed by US dollar equivalents in a US dollar custodian.”
His ideal view of the world seems to be a US-centric, Wall Street ruled custodial currency that continues the US world dominance at everyone else’s expense.
I’m curious what knutsvanholm (npub1jt9…la9y) and Jeff Booth (npub1s05…eyhe) and LynAlden (npub1a2c…w83a) and BTC Sessions (npub1rxy…hnp8) think.
On this recent podcast about an hour in: https://www.galaxy.com/insights/podcasts/galaxy-brains/michael-saylor-on-btc-at-100-k-and-the-future-of-micro-strategy/
He says Bitcoin will never be a currency. He wants USD-backed stablecoins to be the world’s currency. He wants them to be issued by US-based financial institutions like JP Morgan and Goldman Sachs.
He says, “My evil genius strategy: you dump gold, demonetize the gold network, buy bitcoin to monetize the bitcoin network. You support digital currency and you define digital currency as the US-dollar backed by US dollar equivalents in a US dollar custodian.”
His ideal view of the world seems to be a US-centric, Wall Street ruled custodial currency that continues the US world dominance at everyone else’s expense.
I’m curious what knutsvanholm (npub1jt9…la9y) and Jeff Booth (npub1s05…eyhe) and LynAlden (npub1a2c…w83a) and BTC Sessions (npub1rxy…hnp8) think.