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By Egon von Greyerz – Von Greyerz Gold
Remember that the dollar has been down 99% since 1971 and that no currency has ever survived.
And with the US/Trump now also declaring that CBDSs (Central Bank Digital Currencies) are banned, a BTC sponsored or backed by the US government could be the Trump way forward to solve the US debt catastrophe.
This will be the blind leading the blind or one Ponzi scheme backing the other.
It seems more like 17th-century Tulipomania to me.
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#CentralBankDigitalCurrencies #BTC #debt