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BitcoindollarBook
bitcoindollar@primal.net
npub169n8...zvre
Hi I am Andrew B. White the author of the book "Bitcoindollar: the dawn of American hegemony in the digital era". I will share here insights about the topics treated in the book.
Some have asked me how the Bitcoindollar System would work, so I have summarized below the key takeaways from Chap. 22 of my book. • Stablecoin issuers convert fiat reserves into T-Bills, increasing U.S. debt demand 📈. • T-Bill yields are reinvested into Bitcoin, creating a positive feedback loop ♻️. • Dollarized stablecoins spread globally as local currencies collapse 🌍💵. • Bitcoin absorbs inflation as an inelastic monetary asset 🧲. • U.S. sustains deficit spending while keeping the dollar exchange rate at sustainable levels ⚖️💬. • Bitcoin becomes the global store of value, displacing gold, real estate, and stocks 🏛️📉. • Nations that build strategic Bitcoin reserves gain a critical geopolitical advantage 🛡️🪙. The future is a convergence of Bitcoin, the dollar, and global liquidity flows. The transition is already underway. image
For 17 years, mainstream media, central bankers, and government officials alike called it: “Rat poison.” “Ponzi scheme.” “Funny money.” “Drug dealer cash.” “Just a bubble.” But now? #Bitcoin is becoming the capital asset needed to backstop the liabilities of the fiat Ponzi. What an irony. @preston latest pod breaks down the recent U.S. policy shift. I unpack all of this in my #Bitcoindollar book —available now on Amazon.
De-dollarization is a myth? There are plenty of dollars circulating, but not where the U.S. needs them. China, like a martial artist, uses the dollar against the U.S. By issuing billions in dollar-denominated bonds to its BRICS, SCO, and BRI partners, China drains global dollars and channels them into local infrastructure projects. Dollars in the Global South are safer with China, which won't arbitrarily seize funds. These dollars can be reinvested into productive infrastructure, benefiting local economies, rather than into speculative instruments like U.S. stocks, real estate, or debt. What an irony for the fading hegemon. The #Bitcoindollar fixes that. Order now. #bitcoin