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Bitcoin vs. Dollar Dynamics
This chapter explores the complex interplay between cryptocurrency, particularly Bitcoin, and the US Treasuries, emphasizing how the demand for Bitcoin is closely linked to fiat currency expansion. It highlights the challenges faced by vendors in adopting Bitcoin, the implications of stablecoins like USDT, and the dynamics of dollar reliance in the digital currency ecosystem. Through various metaphors, the chapter argues for Bitcoin's potential as a stable, inflation-resistant asset amid the unsustainable growth of the US dollar.