this is not new. He's reciprocating what @Whitney Webb has already said: allogarising it as 'bitcoin is the new oil' - when really they'll just use Tether to dump the T-bills that nobody wants because they're worthless. The video by Paul Ryan is from 7 months ago: Bitcoin is the new Bitcoin. Not the new oil, wheel, internet. It's just Bitcoin. They have a ton of debt that they cant pay and are chosing to dump it into a shitcoin.

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Didn’t say it was new. Gromen first mentioned this in a podcast released same time as Whitney’s article. I tend to listen to him a bit more than her on this stuff because he has a far better understanding of the mechanics.