I hope that is where this leads. The national debt (with current interest rates) is simply unsustainable. Eliminating that debt would allow the US economy to BOOM to an extent we have never seen before... not to mention bringing back manufacturing and getting rid of all the moronic regulations holding the economy back...
There are economical and political problems with just saying "no, I'm not going to pay my debt".
Materials and services were purchased; those materials and services were rendered. Other countries will not take kindly to that, and it could cause some serious tensions.
The countries we purchased those materials and services from did not commit the fraud. Indeed, they could say we were the ones to commit the fraud.
It's just not feasible to say "fuck off" without risking war. We have to resolve the issue intelligently, not emotionally.
We'll i do think it's possible to shed the cabal fiat system & replace it with a gold back system pretty quickly. A switcheroo if you will. Obviously its complicated and not everyone could completely made whole but zeroing out the debt, starting over with a new gold backed currency and after the seizure all all cabal assets I think we'd be off to a great start.
True, that’s why all debt that constitutes interest (past, present and future) should be voided.
Debt that is associated with real goods and services should be paid by CONFISCATION of the Global Pedo-Luciferians “stuff” after they are “eliminated “.
Any debt associated with socialist handouts should be voided and all social safety nets must be eliminated one and for all.
To tide the American people over during the transition to sound money the wealth of the elites should be returned based on how much was robbed from the people.
Proof of who's work? Every one works at something. Not all work is valuable or good.
Who determines the value of the work? NFT was considered valuable at one point now they have lost value.
Blockchains can now be hacked. Anything digital can be corrupted.
As the oligarchy controls the internet, they will control BTC.
Your response leaves a lot to be desired to be desired.
Proof of SHA256 work. Not gonna explain Bitcoin mining in detail in this venue, but you can find videos or webpages explaining how it all works. Basically quadrillions of hashes are produced every second in order to find the next block. This next block contains the most recent transactions, verifying them, while also awarding 3.125 btc to the miner who found the correct nonce.
Your statements about hacking blockchains are not true (unless you have a link to share…) and the whole point of the cryptography behind the blockchain is that it can’t really be hacked. Even a tiny change will make the whole network reject your modified/hacked chain.
If the internet goes down you’ll be unable to use credit cards either. Everything will come to a screeching halt. Even gold sales won’t work unless you have cash. Once things come back up you’ll be able to use Bitcoin as normal.
One thing to note: Starlink means the internet won’t go down completely. As long as you have a battery to plug your receiver into, you can still access the internet via those satellites.
And this is how we bring the masses to understand and incorporate BTC in daily lives. Currency requires participation from the masses to succeed. It dies in bubble societies.
Real smart..
Cultists and MLM marketers say the same thing you did when folk ask foundation questions.
You should have responded "I dont really know."
wow.
There's also a bit of a requirement for you to bring some understanding to the table. You can look at some of my older comments to see some explanations for the use and functionality of block chain stuff. I'm on mobile so the quote was meant to encourage you to do even the slightest to see what's up with block chain and then come back.
I’ll break it down Barney level for you. Bitcoin operates on a technology called “the blockchain”. The block chain is basically a ledger. If I give you 1 bitcoin, it’s transferred to you over the network, and is recorded in the ledger. The transaction is processed by “Bitcoin miners” but that is another topic. Just know that the miners get paid a small fee in bitcoin for processing the transaction. The ledger, ie the blockchain, is recorded on every computer that is used in mining/processing Bitcoin. To “delete” or “hack” bitcoin, you’d have to hack the entire Bitcoin network and every computer attached to it in order to change the ledger. This is simply not possible with the technology and encryption we have today. The downside that no one seems to acknowledge is that every Bitcoin transaction can be traced. Cash has a feature called “fungibility” which Bitcoin cannot replicate. However, other crypto currencies do have privacy and fungibility baked into their design, but those cryptos are not available on mainstream exchanges. Wonder why that is?
BTC holder here……A gold and silver backed currency note destroys the leash around the necks of the population. It also destroys the darkness holding that leash. Needed is a way to buy and sell without an internet connection; btc is a useful tool, however you must exchange a currency that has value for it……not a piece of paper with a Presidents picture on it which is fiat. GLTA..
I know that and you know that. Normie crypto bros don’t. That was my point. Too many people see BTC as a viable end to fiat and don’t understand the real implications of such.
Thanks.. Barney level helps a bit. I understand the encryption process. I appreciate you taking the time. I am for anything that gives power to people. Hope it works out.
Watch the "What Is Money" series 1- 9 on YouTube by Robert Breedlove as he talks with Michael Saylor. That's the foundation that you need to understand what Bitcoin is and what it is not. If you truly have a desire to know why BTC is not fiat money that's the place to start, imo.
Also check out any interviews with Jason Lowery if you want to know why Trump is planning to 'stockpile' Bitcoin and wants the USA to be a leader in this emerging digital asset.
Digital assets are not real assets unless they are based upon real world assets.
Any power user will eventually hack anything digital. Check banks.
If the internet is destroyed digital wealth is destroyed. Or adversaries can decide to empty all digital wallets on a whim.
Bitcoin was cool when it was apart from the ogliarch system. But that's not the situation no
Who says digital asset are not real assets? You? Millions of investors would beg to differ with your statement. If the Blockchain technology was hackable it would have happened by now. It's open sourced. Empty digital off-line wallets? How? Only the owner has the seed phrases and usually the phrase is memorized in their heads. Try hacking that. Bitcoin is made for adoption by countries and the people. It was developed to replace the centralized banking system.
Your comments show you haven't done any real research on bitcoin. That's why I directed you to certain YouTube interviews.
No transaction is unrecorded on line. At some point the wallet must be presented online for business purposes.
Digital is a approximate representation of Analog entities.
Doesn't have to be Gold. Could by platinum or what ever the Govt. wants.
"Article I, Section 10 of the Constitution explicitly forbids the states from issuing "bills of credit" (promissory notes) or making anything but gold and silver coin legal "tender". There are no corresponding explicit prohibitions limiting the power of the federal government, nor are there any explicit authorizations."
So, Trump could order up a 35 trillion dollar coin and hand it to the Fed. Done, debt erased. Now, who is going to cash it? HAHAHA. Then resolve the Fed. No more income tax to pay the interest on debt.
The Constituion essentially says that money is whatever Congress says it is: "Congress ahall have the power to coin money and regulate the value thereof. " Article 1 Section 8 Clause 5. I used to propose the idea of Congress minting 35 platinium coins denominated as $US 1 trillion each and parceling them off to each of the 12 Fed District Banks (now part of the Treasury thanks to Trump's action of merging the two in March 2020 – all while the media and the “Fedical’s” were distracting the public with the “shiny toy” of “two weeks to flatten the curve” bull shit)
Pay the whole debt off, like Jackson did, and repeal the Federal Reserve Act and end the central bank’s Charter.
– Then the Treasury issues debt-free, specie-backed currency, exchanging dollar for dollar Federal Reserve Notes printed by the Fed with United States Notes issued by the US Treasury --- no longer funding the Zionist bankers lust for debt and death, and their war-mongering whores funded by tne US Income Tax – the next thing to be abolished!!
A financially free system unseen since Jackson ended the Bank of the United States in 1836.
Maybe he can get one of those stupid fake coins that they always show on the news when doing a crypto story, engrave "55B BTC" on the coin, and give it to the fed. A lot of people still think those physical coins are Bitcoin.
To pay of the 35 T debt with a " little bitcoin" , @ 69.000 a pop it does not make any sense. But ..... What if 4 years from now, BTC is 700.000 a pop? Or 7 million a pop?
And may be you think, nah ... who would pay 7 million for a BTC? Well, I do not hate to break it to you, but people thought the same thing when BTC was 170 USD. Or 1,700, or 17,000.
There is a revolutionary thing going on right in front of your very eyes. Personally, I am highly critical of bitcoin. There are flaws and prohibitive issues. But I do acknowledge it is something out of the ordinary, something that changes how the game is played.
It is a distribution of energy, of power, the conservation of your own. This goes beyond what gold and silver are. And FIAT cannot even hold a candle.
potential for centralization through old world thinking.
traceability
Of course,for each flaw, there may be a new development aiming to mitigate the flaw. It may as well be, but, and this is
6. each new "solution" adds to complexity.
As someone who does not own Bitcoin and for the majority of people of the earth.... why oh why would be pair our financial system up with your pyramid scheme? Why wouldn't the majority just use another coin or a collection of other coins with more features and better returns for the end user?
If BitCoins only unique feature is that a lot of people own it then I hate to break it to you but they will be as valuable as a Tulip after Tulip mania.
There is NO value in a "BitCoin". Only in decentralized currencies.
Apply your reasoning to any coin, or any product, for that matter.
Does your reasoning apply to may if not all matters? if so, then why would such reasoning be reason to shun a practical sollution?
For instance, would you accept a cheque? A paper dollar? A silver or Gold dollar coin? if so, why? or why not?
Do you have a bank account? Do you make use of online banking? If so, why would you loan your energy to a scam, a product created out of thin air, that represents: debt?
What would you do, if you could replace that with the advantage of portability and fungability, without dependency on a central controlling entity, whose only goal is to burden you with debt, steals your eneegy through inflation, and taxation. This is to just highlight one aspect.
It becomes clear, you do not comprehend what bitcoin is.
Hope you guys research Bitcoin. It is beyond obvious that this is the future and that it was created by Q. Just buy some and hold it. You don't need to buy an entire coin. $500, $1000, something.
I think the answer to your question is actually "yes". See the big bank bailouts over the years (and all the other bailouts for that matter). It may not have been a bank robber with a gun, but the money was definitely stolen.
Actually there is a simple way to pay off that $35 Trillion debt in just 47 days.
You simply double prices everyday.
For instance it starts out with the President flipping an intern a dollar coin to buy a cup of coffee
The next day, on day 1 the coffee is $2
Day 2 - $4
Day 3 - $8
On Day 10 it will be $1024
Day 20 just over $1,000,000 (million)
Day 30 just over $1,000,000,000 (billion)
Day 40 just over $1,000,000,000 (trillion)
on day 47 instead of getting a cup of coffee for $64 billion the president flips a new $64 Trillion coin to the Treasury Secretary and tells him/her to pay off the $35 Trillion Debt and they have change left over.
Meanwhile all over the country people who have hidden their money under mattresses suddenly realize that it is useless, they can't even buy a cup of coffee with it. All the value has been sucked away.
Bitcoin is also often confused with the term cryptocurrency when used by those that are not familiar with the crypto industry. Kind of like "I'll have a coke." when the mean any cola. Trump could have used bitcoin as a synonym for "crypto" in general. Or as an example. So paying off the debt might be with some other crypto.
He's totally getting the young tards that went through libtard govt school run completely by women and cucks, chubbed up and on the Trump train by mentioning BTC...you know it. Every time he farts and it sounds like BTC, the crowd goes wild. BTC is similar to the Toyota religion...lol
Since the US debt is in dollars, any debt can be paid in one day. So, it is the problem of the dollar holders, worldwide. No wonder, they want to get to the outdoor asap. If you have true assets, then your better of. Gold has proven to be accepted for thousands of years.
Bitcoin is a Fiat Money, which I can prove by the following argument: there can be made trillions of bitcoin currencies, like bitcoin 1, bitcoin 2, bitcoin 3 and so on forever. As long as it is accepted and no hidden backdoor in the algorithm, you are good. Once the acceptance is gone, you are done.
Trump is a funny man. in other words the fake fiat debt will be paid the same way....Fiatly.
I hope that is where this leads. The national debt (with current interest rates) is simply unsustainable. Eliminating that debt would allow the US economy to BOOM to an extent we have never seen before... not to mention bringing back manufacturing and getting rid of all the moronic regulations holding the economy back...
Maybe that is part of "the best is yet to come".
Fuck the debt. It's all cabal debt. It has no standing. Fraud vitiates everything.
☝️☝️☝️ ding fking ding
There are economical and political problems with just saying "no, I'm not going to pay my debt".
Materials and services were purchased; those materials and services were rendered. Other countries will not take kindly to that, and it could cause some serious tensions.
The countries we purchased those materials and services from did not commit the fraud. Indeed, they could say we were the ones to commit the fraud.
It's just not feasible to say "fuck off" without risking war. We have to resolve the issue intelligently, not emotionally.
We'll i do think it's possible to shed the cabal fiat system & replace it with a gold back system pretty quickly. A switcheroo if you will. Obviously its complicated and not everyone could completely made whole but zeroing out the debt, starting over with a new gold backed currency and after the seizure all all cabal assets I think we'd be off to a great start.
True, that’s why all debt that constitutes interest (past, present and future) should be voided.
Debt that is associated with real goods and services should be paid by CONFISCATION of the Global Pedo-Luciferians “stuff” after they are “eliminated “.
Any debt associated with socialist handouts should be voided and all social safety nets must be eliminated one and for all.
To tide the American people over during the transition to sound money the wealth of the elites should be returned based on how much was robbed from the people.
There’s an international law that says debt accrued not for the benefit of the people is null and void.
Agreed! I think something like that is going to happen!💯
Ha that would wipe all the student loan debt. Looky there Biden didn't get your college loans wiped but President Trump will.
1.4 trillion per year of what the US brings in goes to interest... tell me that ain't ludicrous.
BTC is not fiat. Anyone who understands bitcoin knows this fact.
BitCoin is Block Chained Energy.
No more Billions sent to Ukraine to be Laundered
What is BTC based upon? Teach me.
Proof-of-work. Literally not hard to understand.
Proof of who's work? Every one works at something. Not all work is valuable or good. Who determines the value of the work? NFT was considered valuable at one point now they have lost value. Blockchains can now be hacked. Anything digital can be corrupted. As the oligarchy controls the internet, they will control BTC. Your response leaves a lot to be desired to be desired.
Proof of SHA256 work. Not gonna explain Bitcoin mining in detail in this venue, but you can find videos or webpages explaining how it all works. Basically quadrillions of hashes are produced every second in order to find the next block. This next block contains the most recent transactions, verifying them, while also awarding 3.125 btc to the miner who found the correct nonce.
Your statements about hacking blockchains are not true (unless you have a link to share…) and the whole point of the cryptography behind the blockchain is that it can’t really be hacked. Even a tiny change will make the whole network reject your modified/hacked chain.
I can dig what you are saying.. The thing is it independent of internet gate keepers. If the internet goes down, what happens then?
If the internet goes down you’ll be unable to use credit cards either. Everything will come to a screeching halt. Even gold sales won’t work unless you have cash. Once things come back up you’ll be able to use Bitcoin as normal.
One thing to note: Starlink means the internet won’t go down completely. As long as you have a battery to plug your receiver into, you can still access the internet via those satellites.
"If you don't understand it, I don't have time to explain it to you, sorry" (rough quote)
And this is how we bring the masses to understand and incorporate BTC in daily lives. Currency requires participation from the masses to succeed. It dies in bubble societies. Real smart.. Cultists and MLM marketers say the same thing you did when folk ask foundation questions. You should have responded "I dont really know." wow.
There's also a bit of a requirement for you to bring some understanding to the table. You can look at some of my older comments to see some explanations for the use and functionality of block chain stuff. I'm on mobile so the quote was meant to encourage you to do even the slightest to see what's up with block chain and then come back.
China's doing most of the work and have most of the crypto. Might as well call it CCP coin.
I’ll break it down Barney level for you. Bitcoin operates on a technology called “the blockchain”. The block chain is basically a ledger. If I give you 1 bitcoin, it’s transferred to you over the network, and is recorded in the ledger. The transaction is processed by “Bitcoin miners” but that is another topic. Just know that the miners get paid a small fee in bitcoin for processing the transaction. The ledger, ie the blockchain, is recorded on every computer that is used in mining/processing Bitcoin. To “delete” or “hack” bitcoin, you’d have to hack the entire Bitcoin network and every computer attached to it in order to change the ledger. This is simply not possible with the technology and encryption we have today. The downside that no one seems to acknowledge is that every Bitcoin transaction can be traced. Cash has a feature called “fungibility” which Bitcoin cannot replicate. However, other crypto currencies do have privacy and fungibility baked into their design, but those cryptos are not available on mainstream exchanges. Wonder why that is?
BTC holder here……A gold and silver backed currency note destroys the leash around the necks of the population. It also destroys the darkness holding that leash. Needed is a way to buy and sell without an internet connection; btc is a useful tool, however you must exchange a currency that has value for it……not a piece of paper with a Presidents picture on it which is fiat. GLTA..
Agree 100%. BTC and more so the blockchain, has huge potential. However, replacing the dollar (or any fiat) with crypto currency isn’t likely imo.
“The downside that no one seems to acknowledge is that every Bitcoin transaction can be traced.”
No one seems to acknowledge?! It’s acknowledged by Bitcoin itself in its white paper. It transparent nature is a feature not a bug.
I know that and you know that. Normie crypto bros don’t. That was my point. Too many people see BTC as a viable end to fiat and don’t understand the real implications of such.
Thanks.. Barney level helps a bit. I understand the encryption process. I appreciate you taking the time. I am for anything that gives power to people. Hope it works out.
Watch the "What Is Money" series 1- 9 on YouTube by Robert Breedlove as he talks with Michael Saylor. That's the foundation that you need to understand what Bitcoin is and what it is not. If you truly have a desire to know why BTC is not fiat money that's the place to start, imo.
Also check out any interviews with Jason Lowery if you want to know why Trump is planning to 'stockpile' Bitcoin and wants the USA to be a leader in this emerging digital asset.
Digital assets are not real assets unless they are based upon real world assets. Any power user will eventually hack anything digital. Check banks. If the internet is destroyed digital wealth is destroyed. Or adversaries can decide to empty all digital wallets on a whim. Bitcoin was cool when it was apart from the ogliarch system. But that's not the situation no
Who says digital asset are not real assets? You? Millions of investors would beg to differ with your statement. If the Blockchain technology was hackable it would have happened by now. It's open sourced. Empty digital off-line wallets? How? Only the owner has the seed phrases and usually the phrase is memorized in their heads. Try hacking that. Bitcoin is made for adoption by countries and the people. It was developed to replace the centralized banking system.
Your comments show you haven't done any real research on bitcoin. That's why I directed you to certain YouTube interviews.
No transaction is unrecorded on line. At some point the wallet must be presented online for business purposes. Digital is a approximate representation of Analog entities.
You can have multiple wallets so your exposure can be managed and minimal. Your argument just does hold up well.
Doesn't have to be Gold. Could by platinum or what ever the Govt. wants. "Article I, Section 10 of the Constitution explicitly forbids the states from issuing "bills of credit" (promissory notes) or making anything but gold and silver coin legal "tender". There are no corresponding explicit prohibitions limiting the power of the federal government, nor are there any explicit authorizations." So, Trump could order up a 35 trillion dollar coin and hand it to the Fed. Done, debt erased. Now, who is going to cash it? HAHAHA. Then resolve the Fed. No more income tax to pay the interest on debt.
I think usd will become tethered to a portfolio of rare earth metals / gold, silver, platinum, copper, iridium , lithium, etc
"The (insert local money name here) shall be defined as a fixed weight of gold."
Done. As every country should.
California does have a decent amount of rare earth metals. Also the USA does have Titanium and that I suspect President Trump will make a priority.
It gives China and Russia too much leverage to be the leaders of Titanium along with Japan.
The Constituion essentially says that money is whatever Congress says it is: "Congress ahall have the power to coin money and regulate the value thereof. " Article 1 Section 8 Clause 5. I used to propose the idea of Congress minting 35 platinium coins denominated as $US 1 trillion each and parceling them off to each of the 12 Fed District Banks (now part of the Treasury thanks to Trump's action of merging the two in March 2020 – all while the media and the “Fedical’s” were distracting the public with the “shiny toy” of “two weeks to flatten the curve” bull shit)
Pay the whole debt off, like Jackson did, and repeal the Federal Reserve Act and end the central bank’s Charter.
– Then the Treasury issues debt-free, specie-backed currency, exchanging dollar for dollar Federal Reserve Notes printed by the Fed with United States Notes issued by the US Treasury --- no longer funding the Zionist bankers lust for debt and death, and their war-mongering whores funded by tne US Income Tax – the next thing to be abolished!!
A financially free system unseen since Jackson ended the Bank of the United States in 1836.
Maybe he can get one of those stupid fake coins that they always show on the news when doing a crypto story, engrave "55B BTC" on the coin, and give it to the fed. A lot of people still think those physical coins are Bitcoin.
Supply must be considered.
This thought is not new: https://en.wikipedia.org/wiki/Trillion-dollar_coin
Consider the implication ....
To pay of the 35 T debt with a " little bitcoin" , @ 69.000 a pop it does not make any sense. But ..... What if 4 years from now, BTC is 700.000 a pop? Or 7 million a pop?
And may be you think, nah ... who would pay 7 million for a BTC? Well, I do not hate to break it to you, but people thought the same thing when BTC was 170 USD. Or 1,700, or 17,000.
There is a revolutionary thing going on right in front of your very eyes. Personally, I am highly critical of bitcoin. There are flaws and prohibitive issues. But I do acknowledge it is something out of the ordinary, something that changes how the game is played.
It is a distribution of energy, of power, the conservation of your own. This goes beyond what gold and silver are. And FIAT cannot even hold a candle.
It reminds me of the 21 rules of bitcoin.
Do you mind to share the flaws you see with it?
Just to mention a few:
Of course,for each flaw, there may be a new development aiming to mitigate the flaw. It may as well be, but, and this is 6. each new "solution" adds to complexity.
add several more. ...
That said, I like BTC and the ideas behind it.
As someone who does not own Bitcoin and for the majority of people of the earth.... why oh why would be pair our financial system up with your pyramid scheme? Why wouldn't the majority just use another coin or a collection of other coins with more features and better returns for the end user?
If BitCoins only unique feature is that a lot of people own it then I hate to break it to you but they will be as valuable as a Tulip after Tulip mania.
There is NO value in a "BitCoin". Only in decentralized currencies.
Apply your reasoning to any coin, or any product, for that matter.
Does your reasoning apply to may if not all matters? if so, then why would such reasoning be reason to shun a practical sollution?
For instance, would you accept a cheque? A paper dollar? A silver or Gold dollar coin? if so, why? or why not?
Do you have a bank account? Do you make use of online banking? If so, why would you loan your energy to a scam, a product created out of thin air, that represents: debt?
What would you do, if you could replace that with the advantage of portability and fungability, without dependency on a central controlling entity, whose only goal is to burden you with debt, steals your eneegy through inflation, and taxation. This is to just highlight one aspect.
It becomes clear, you do not comprehend what bitcoin is.
Hope you guys research Bitcoin. It is beyond obvious that this is the future and that it was created by Q. Just buy some and hold it. You don't need to buy an entire coin. $500, $1000, something.
https://greatawakening.win/p/17txMa1kyw/q-trump-and-their-connections-to/
5% of my net worth is in BTC & MSTR. I would like to up that to 10%, but I have literally every dollar tied up in other things at the moment.
Just wait four years.
He obviously meant "gold" a gold check. BTC... Who knows right?
WWG1WGA
barron is satoshi, he has the original bitcoin wallet!
My new favorite conspiracy.
For those not initiated, debt is the real master.
He who holds the debt, holds the debtor.
If a bank robber robs a bank do, we have to pay the bank for its lost?
I think the answer to your question is actually "yes". See the big bank bailouts over the years (and all the other bailouts for that matter). It may not have been a bank robber with a gun, but the money was definitely stolen.
Thanks, I better now.
lol
Better plan… dump the fed and tell them to eat a bag of dicks…
Actually there is a simple way to pay off that $35 Trillion debt in just 47 days.
You simply double prices everyday.
For instance it starts out with the President flipping an intern a dollar coin to buy a cup of coffee
The next day, on day 1 the coffee is $2
Day 2 - $4
Day 3 - $8
On Day 10 it will be $1024
Day 20 just over $1,000,000 (million)
Day 30 just over $1,000,000,000 (billion)
Day 40 just over $1,000,000,000 (trillion)
on day 47 instead of getting a cup of coffee for $64 billion the president flips a new $64 Trillion coin to the Treasury Secretary and tells him/her to pay off the $35 Trillion Debt and they have change left over.
Meanwhile all over the country people who have hidden their money under mattresses suddenly realize that it is useless, they can't even buy a cup of coffee with it. All the value has been sucked away.
And that is how inflation works.
Although on a slower time scale.
It's the politicians preferred way.
It's taxation without representation.
AHA BTC SHILLS WHERE ARE YOU!?!
(Sorry I just had to. I'm so sick of the simping. This thread will probably never get stickied because imid mods hurt fee fees)
How about this? They create a crypto coin for the US currency. Value it at $1 per coin. Create $35T and pay off the debt with it.
Then create enough to give every US citizen $35T each and hand it out.
You’ve basically wiped out the debt, crushed the federal reserve, and given every citizen some money. Then let the free market do its thing.
You just described how inflation happens.
Who is this debt owed to? Is it a legal debt? If not why not?
The debt is owed to the owners of treasury securities: bonds, bills, notes. It is a legal debt.
Who are the "owners"? Like Blackrock?
Bitcoin is also often confused with the term cryptocurrency when used by those that are not familiar with the crypto industry. Kind of like "I'll have a coke." when the mean any cola. Trump could have used bitcoin as a synonym for "crypto" in general. Or as an example. So paying off the debt might be with some other crypto.
...we are transitioning from the 'petro' dollar to the 'crypto ' dollar
The government just began dumping all its BTC reserves btw
Nah they were just selling a little bit to funnel/launder the money into Kamel Toes campaign via actblue.
He's totally getting the young tards that went through libtard govt school run completely by women and cucks, chubbed up and on the Trump train by mentioning BTC...you know it. Every time he farts and it sounds like BTC, the crowd goes wild. BTC is similar to the Toyota religion...lol
ala Andrew Jackson
Since the US debt is in dollars, any debt can be paid in one day. So, it is the problem of the dollar holders, worldwide. No wonder, they want to get to the outdoor asap. If you have true assets, then your better of. Gold has proven to be accepted for thousands of years.
Bitcoin is a Fiat Money, which I can prove by the following argument: there can be made trillions of bitcoin currencies, like bitcoin 1, bitcoin 2, bitcoin 3 and so on forever. As long as it is accepted and no hidden backdoor in the algorithm, you are good. Once the acceptance is gone, you are done.