3min chapter

We Study Billionaires - The Investor’s Podcast Network cover image

BTC122: The US Treasury May Need Private Stable Coins w/ Matthew Pines (Bitcoin Podcast)

We Study Billionaires - The Investor’s Podcast Network

CHAPTER

CBDC - The Achilles Heel

The back and collateral for that decentralized money network has been the US Treasury security. The solution is just going to be doubled down on control, right? Eventually, there's some people who actually just want to cut the Fed out,. Like, it's like the horseshoe theory, right? White corners in the Treasury are trying to end the Fed or replace it with essentially direct more control by the Treasury Department.

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