Fred Johnston's avatar
Fred Johnston freddms@nostrplebs.com 10 months ago
That's interesting. I was thinking Sachs understand #Bitcoin but you make me wonder. If Trump 'really' wants a strong USA manufacturing base, then the US$ GRC has to end. It's that simple. And US citizens will have to go back to work (60% of jobs today are unproductive and not needed). I mean 'real' productive work and innovation. BUT - your post along with this podcast with Grant Williams has me wondering. I don't agree with a LOT of what Grant and his host say here - clearly neither understand Bitcoin but they do understand shitcoins. Great follow up.
Apple Podcasts
The Grant Williams Podcast Ep. 90 - Demetri Kofinas FULL EPISODE
Podcast Episode · The Grant Williams Podcast · 02/04/2025 · 1h 35m
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Replies (1)

Sovereign Beef's avatar
Sovereign Beef sovereignbeef@primal.net 10 months ago
I’ve oscillated back towards believing they are skating to where the puck is going to be, rather than where it is. What they do with the taxes around USDT use on Lightning vs BTC use on Lightning will tell us how deeply they understand it. If the tax laws are equivalent, then they’re either just kids playing with matches - or intentionally trying to burn the old system down. If they let you spend freely with Lightning USDT but still tax BTC on Lightning, then they understand how much of a threat BTC is to the old system and are trying to keep fiat going as long as possible.
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