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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.
24 years after the biggest “terrorist” event in human history, Tucker Carlson uncovers some of the lies told to the Americans in a 5 episode documentary film titled the “9/11 files” https://tuckercarlson.com/the-9-11-files-episode-1 Coincidentally, the documentary film was due for release on Sept. 11 but it was postponed because of Kirch’s assassination. It was also released with much less fanfare and without Kirch’s anticipated participation and his media support. image
As described in my #bitcoindollar book - Chapter 34., “Bitcoin emerging as the perfect collateral and its impact on banking, lending, consumer credit, and real estate” - the legacy financial system is only starting to grasp the huge potential of #bitcoin as the perfect collateral, which will also – as a consequence in the long term – both de-monetize real estate as a store of value and drastically reduce the use of real estate as a collateral in the legacy financial system. The latest news is the US Federal Housing Finance Agency ordering Fannie Mae and Fannie Mac to consider the use of “crypto” (in the end only #bitcoin is the perfectly viable collateral but they cannot say that) as a collateral. See the relevant excerpt from my book below with the US FHFA order.
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
Taking a break in a beautiful park in sunny Bedford at Cheatcode #bitcoin event. Outstanding job @Peter McCormack + @Danny Knowles in putting together such a great event and speakers together. I was happy to chat and hand out my new book to @preston @_Checkɱate 🔑⚡🌋☢️🛢️ Joe Bryan of "What's the problem" viral video and of course @Peter McCormack and @Danny Knowles. Look forward to meeting great @nat brunell and @Lawrence Lepard this afternoon. Thanks all. image