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#Crypto

46 posts37 participants0 posts today

Increasingly questionable as to whether the “full faith and credit” of the US government has meaning on the international stage anymore.

In the best #Trump tradition, various default scenarios seem increasingly likely. The days of the #USDollar position as the world’s reserve currency appear to be numbered. I’m sure the #crypto folks are delighted

#USPolitics #Economics #USDebt

cnbc.com/amp/2025/03/12/ray-da

CNBC · Ray Dalio warns that mounting U.S. debt problems could lead to ‘shocking developments'By Sam Meredith

"A new report warns of 'profound risks' in American politics as cryptocurrency companies increase their political spending and Donald Trump oversees regulatory retreat while promising to create a 'crypto strategic reserve''."

~ Martin Pengelly

#Musk #Trump #TechBros #crypto #cryptocurrency #bitcoin #billionaires #EconomicElites
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theguardian.com/us-news/2025/m

The Guardian · US rise of cryptocurrency and fall of regulation pose ‘profound risks’ – reportBy Martin Pengelly