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@ BitcoindollarBook
2025-04-29 09:52:40
This is a serious and well-reasoned critique of the #Bitcoindollar thesis BUT the critique is valid if the Bitcoindollar is viewed as a final system. I never claim that. To the contrary the conclusions in my book is that this is a system that buys time for fiat, absorbs global demand for monetary stability, and ushers in a Bitcoinized world without the immediate collapse and the reset of the fiat system which would otherwise cause dramatic consequences for the masses (including a global war) and the usual power elites would emerge again to dominate a Newly born “Bretton Woods” monetary system with some fiat variations such as CBDCs, IMF SDRs or else (gold IOUs would be the same). For me the Bitcoindollar is the only way to a gradual #Bitcoin dominance in 10-20 years time while avoiding sudden collapse of the fiat system, so that also the power elites who hold the keys to this system will adapt. At least this is my hope.
Therefore the fusion isn't the future. The siphoning is. And the U.S. may try to ride it as much as possible. The Bitcoindollar system is a transitional strategic framework, not a permanent monetary equilibrium. In the end I agree with you.
But your observations were so well thought-after that they deserve a more detailed response. Therefore I would answer one by one and put that into a short article here using “Highlighter” and I will refer to your Post and link it. Thank you, this is the kind of productive engagement one needs when writing on such topics. Also, If you want to receive a free copy of my ebook just contact me via Nostr messages and give me your email to send the ebook file. I would love you to comment the book here on Nostr. 🙏 🙏