2024-12-26T09:09:54+0000

Please help to support this channel's work: https://www.youtube.com/@Bitcoin_University/join In this video, I discuss Mark Goodwin's thesis about the Bitcoin-Dollar System, which is a theory that Bitcoin adoption by the US government will be rolled out in such a way that helps to preserve US dollar hegemony, while encouraging people to continue to buy and hold US Treasuries via USD stablecoins. Tether has become a key player in this game, and has positioned itself as the US government compliant stablecoin provider, enforcing OFAC-sanctions and onboarding the FBI and Secret Service. Tether is now investing in spy satellites, along with Howard Lutnick who runs Cantor Fitzgerald, which is Tether's main custodian for its holdings of US Treasuries. Meanwhile, Senators Gillibrand and Lummis have put language into their stablecoin bill that will make algorithmic stablecoins illegal in the US, thus ensuring that Tether and other companies that buy massive amounts of US government debt will continue to take market share and help to fund the US federal government. I'm here for global Bitcoin adoption, not to support projects that further US dollar hegemony and help to finance an out-of-control US federal government. Not investment advice! Consult a financial advisor. India makes first-ever rupee payment for the purchase of crude oil from UAE: https://www.business-standard.com/economy/news/india-makes-first-ever-rupee-payment-for-the-purchase-of-crude-oil-from-uae-123122600124_1.html Mark Goodwin's "Bitcoin-Dollar": https://store.bitcoinmagazine.com/products/the-bitcoin-dollar-book https://www.youtube.com/watch?v=3ZrZAHAaOD4&ab_channel=PrestonPysh How Tether Helps To Fund The US Government: https://www.youtube.com/watch?v=Nq0s8v90YuM&ab_channel=BitcoinUniversity Tether holds more US Treasuries than Germany: https://cryptoslate.com/insights/tether-holds-more-us-treasuries-than-germany-ranks-19th-globally/ Lummis-Gillibrand Payment Stablecoin Act: https://www.congress.gov/bill/118th-congress/senate-bill/4155/text Tether Freezes All OFAC-Sanctioned Wallets: https://www.nobsbitcoin.com/tether-freezes-all-ofac-sanctioned-wallets-in/ Tether: We've Onboarded US Secret Service and FBI to Our Platform: https://www.nobsbitcoin.com/tether-weve-onboarded-us-secret-service-and-fbi-to-our-platform/ Senator Lummis really likes the US dollar: https://x.com/SenLummis/status/1817302883894722687 Crossroads: TradFi & Bitcoin w/ Howard Lutnick: https://www.youtube.com/watch?v=sPLEIoCb164&ab_channel=BitcoinMagazine Tether investing in spy satellites with Howard Lutnick and Steve Mnuchin on the board: https://investors.satellogic.com/corporate-governance/board-of-directors I am not being paid or otherwise compensated by any company or cryptocurrency project that I mention in my videos. My opinion is not for sale. Please do not contact me with any affiliate or advertising deals. #Bitcoin #USD #Tether Disclaimer Neither Matthew Kratter's Bitcoin University, nor any of its directors, officers, shareholders, personnel, representatives, agents, or independent contractors (collectively, the “Operator Parties”) are licensed financial advisors, registered investment advisors, or registered broker-dealers. None of the Operator Parties are providing investment, financial, legal, or tax advice, and nothing in this video, on this YouTube channel, or at www.Trader.University or www.BitcoinUniversity.com (henceforth, “the Sites”) should be construed as such by you. This video, channel, and the Sites should be used as educational tools only and are not replacements for professional investment advice. Trading or investing in new and volatile assets like Bitcoin can be risky.