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0 sats \ 3 replies \ @justin_shocknet 21 Mar \ parent \ on: The Trump Administration Wants USAID on the Blockchain Politics_And_Law
The entire federal government could make all its payments in one transaction every 2 weeks (or whatever their disbursement schedule is.)
The transparent ledger is part of the national security benefits of Bitcoin, it makes government spending transparent so we don't have another PPP/USAID situation where China sets up a bunch of fake orgs to get free USD.
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0 sats \ 2 replies \ @028559d218 22 Mar
China is already getting 'free' USD... from its holding of US treasury bonds. Solution - sell fewer bonds???
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0 sats \ 1 reply \ @justin_shocknet 22 Mar
A little different ROI than setting up shell corps for thousands to take in billions.
Bonds act as an extension of the money supply because they're dollar+, so less bonds = stablecoin minter go brrrr, which seems to be the plan
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0 sats \ 0 replies \ @028559d218 22 Mar
hmmm
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