minus-squareTrippingBalls@lemmy.worldtoAsklemmy@lemmy.ml•Am I the only one that believe the US has to go through some sort of painful transition/civil war/revolution to fix it? Is reforms from Democrats enough?linkfedilinkarrow-up1·7 hours agoI too thought collapse was imminent until I learned about stablecoins. When nobody is left to purchase the debt… What happens? This is where stablecoins come in. They are taking dollars, buying debt, keeping the interest as profit and issuing digital dollars. It’s a cycle that can continue as long as the US government can pay for the interest… linkfedilink
minus-squareTrippingBalls@lemmy.worldtoNews@lemmy.world•Trump gave $6.9M contract to his ‘pool guy’ under exemption for ‘urgent’ situationslinkfedilinkarrow-up2·7 days agoIt’s about the kickback… Why are you surprised? linkfedilink
minus-squareTrippingBalls@lemmy.worldtoPrivacy@lemmy.ml•I was a week away from buying a Pixel Pro 10 for GrapheneOSlinkfedilinkarrow-up26·7 days agoDrives me crazy how common this is too linkfedilink
minus-squareTrippingBalls@lemmy.worldtoMildly Infuriating@lemmy.world•"No eating for free allowed! You must only watch it rot on the beach!"linkfedilinkEnglisharrow-up0·5 months agoFuck the bananas I want the Cocaine washing up on the shores linkfedilink
I too thought collapse was imminent until I learned about stablecoins. When nobody is left to purchase the debt… What happens?
This is where stablecoins come in. They are taking dollars, buying debt, keeping the interest as profit and issuing digital dollars.
It’s a cycle that can continue as long as the US government can pay for the interest…