-we can explore the premise that the dollar is overvalued although that's always a question of relative to what?
-saying the dollar is overvalued relative to bitcoin is tautalogical, because other than price discovery of electricity, there really is nothing behind the value of bitcoin other than hype and blatant price manipulation by the tiny handful of whales who control over 80% of all tokens (the concentration of bitcoin is far worse than dollars, and the velocity of bitcoin relative to dollars is even worse)
-given the dynamics above, comparing dollars to BTC itself misses a core reality - given its current use, BTC is not a currency, it is an asset. Building a financial system with an asset where most tokens are sitting in cold storage and a handful of whales control money supply is ripe for the exact kind of corruption that Trump isn't even hiding. And is anti-thetical to the whole anti-fiat "fed isn't your friend" ethos that bitcoin maxi's pump. Either this is extreme bad faith or there's an extreme lack of self awareness driven by your desperate desire for BTC value to moon.
Further, I think you completely ignore the politics and social dynamics behind why people choose one currency over the other - very typical of tech nerds who have zero understanding of real world behavioral economics, social capital or complexity theory as applied to financial systems/networks.
Trump has zero social capital outside of your anarcho-capitalist/libertarian world. Meaning it makes zero political sense to re-orient any kind of currency system based on alignment with whatever platform he is creating. I don't even think Musk will be alive in 3 years given the stunts he is pulling - his most recent email to federal employees reaks of a desperate man who owes billions to the world people on the planet to owe money to (including P Diddy and an assortment of Russian, Saudi and Chinese oligarchs who all fronted him the money to buy Twitter, which he has financially destroyed). It's notable that literally every department outside of the Secret Service told their staff to outright ignore the email. His TSLA house of cards is collapsing as his actions have gotten Tesla kicked out of Europe and are crushing sales - problematic for a stock that's already insanely overvalued relative to actual earnings or production capacity. You can only go so far on hype, big promises and price manipulation - at some point you have to deliver, and Musk time and again (going back to his paypal.com days) has shown himself to be nothing but a conman good at raising money and finding smart people to work like slaves for him. And now he's attempting open state capture to pay back the gangsters he owes billions to, but won't have the money if TSLA price tanks.
Meanwhile, Trump - by openly ignoring court orders and his own stacked judiciary - is basically daring the military to remove him from office, and its top brass is not loyal to him. Not only that, they've been war gaming a Trump coup since January 2021 according to retired general Paul Eaton in his WaPo oped written 3 years ago. That's not a wagon you want to hitch yourself to unless you are ideologically aligned with his white supremacy stuff. Which if you are, I'm happy to unsub as most of your content, while mildly interesting, is very detached from the reality of hard assets, geopolitics and electric grids that I live in. Much less the reality of being black in a MAGA world.
This isn’t just speculation—we are witnessing history unfold in real-time.
The policies being put in place are reshaping the economic landscape, and I firmly believe that cutting waste in the strongest economy in the world will act like pouring gasoline on a fire.
If executed correctly, we could see an economic boom unlike anything the world has ever witnessed. This is not just a theory; it is happening right now.
The Mar-a-Lago Accord is real, and its impact will be undeniable.
Investors who recognize these shifts early will have a massive advantage in positioning themselves for the opportunities ahead.
Please research modern monetary theory! Government debt is not a problem but actually is a good thing as all those treasury bonds are our assets. The public debt just equals all the dollars spent by the state over the centuries that haven't yet been used to pay taxes.
The dollars to buy Treasury bonds must first be created by government spending. Those dollars that are left over after taxation can be saved by exchanging them for Treasury bonds.
“Paying off” the debt is simply reversing this process - exchange the T- bonds for cash. Keystrokes on a computer terminal. Like points on a scoreboard, no one worried about where the scorekeeper will get the extra points. No grandchildren or future tax burden involved!
A few logical flaws here:
-we can explore the premise that the dollar is overvalued although that's always a question of relative to what?
-saying the dollar is overvalued relative to bitcoin is tautalogical, because other than price discovery of electricity, there really is nothing behind the value of bitcoin other than hype and blatant price manipulation by the tiny handful of whales who control over 80% of all tokens (the concentration of bitcoin is far worse than dollars, and the velocity of bitcoin relative to dollars is even worse)
-given the dynamics above, comparing dollars to BTC itself misses a core reality - given its current use, BTC is not a currency, it is an asset. Building a financial system with an asset where most tokens are sitting in cold storage and a handful of whales control money supply is ripe for the exact kind of corruption that Trump isn't even hiding. And is anti-thetical to the whole anti-fiat "fed isn't your friend" ethos that bitcoin maxi's pump. Either this is extreme bad faith or there's an extreme lack of self awareness driven by your desperate desire for BTC value to moon.
Further, I think you completely ignore the politics and social dynamics behind why people choose one currency over the other - very typical of tech nerds who have zero understanding of real world behavioral economics, social capital or complexity theory as applied to financial systems/networks.
Trump has zero social capital outside of your anarcho-capitalist/libertarian world. Meaning it makes zero political sense to re-orient any kind of currency system based on alignment with whatever platform he is creating. I don't even think Musk will be alive in 3 years given the stunts he is pulling - his most recent email to federal employees reaks of a desperate man who owes billions to the world people on the planet to owe money to (including P Diddy and an assortment of Russian, Saudi and Chinese oligarchs who all fronted him the money to buy Twitter, which he has financially destroyed). It's notable that literally every department outside of the Secret Service told their staff to outright ignore the email. His TSLA house of cards is collapsing as his actions have gotten Tesla kicked out of Europe and are crushing sales - problematic for a stock that's already insanely overvalued relative to actual earnings or production capacity. You can only go so far on hype, big promises and price manipulation - at some point you have to deliver, and Musk time and again (going back to his paypal.com days) has shown himself to be nothing but a conman good at raising money and finding smart people to work like slaves for him. And now he's attempting open state capture to pay back the gangsters he owes billions to, but won't have the money if TSLA price tanks.
Meanwhile, Trump - by openly ignoring court orders and his own stacked judiciary - is basically daring the military to remove him from office, and its top brass is not loyal to him. Not only that, they've been war gaming a Trump coup since January 2021 according to retired general Paul Eaton in his WaPo oped written 3 years ago. That's not a wagon you want to hitch yourself to unless you are ideologically aligned with his white supremacy stuff. Which if you are, I'm happy to unsub as most of your content, while mildly interesting, is very detached from the reality of hard assets, geopolitics and electric grids that I live in. Much less the reality of being black in a MAGA world.
Good response here
This isn’t just speculation—we are witnessing history unfold in real-time.
The policies being put in place are reshaping the economic landscape, and I firmly believe that cutting waste in the strongest economy in the world will act like pouring gasoline on a fire.
If executed correctly, we could see an economic boom unlike anything the world has ever witnessed. This is not just a theory; it is happening right now.
The Mar-a-Lago Accord is real, and its impact will be undeniable.
Investors who recognize these shifts early will have a massive advantage in positioning themselves for the opportunities ahead.
Please research modern monetary theory! Government debt is not a problem but actually is a good thing as all those treasury bonds are our assets. The public debt just equals all the dollars spent by the state over the centuries that haven't yet been used to pay taxes.
The dollars to buy Treasury bonds must first be created by government spending. Those dollars that are left over after taxation can be saved by exchanging them for Treasury bonds.
“Paying off” the debt is simply reversing this process - exchange the T- bonds for cash. Keystrokes on a computer terminal. Like points on a scoreboard, no one worried about where the scorekeeper will get the extra points. No grandchildren or future tax burden involved!