TFTC: A Bitcoin Podcast

#513: How The US Is Losing The Great Digital War with Matthew Pines

7 snips
Jun 12, 2024
Guest
Matthew Pines
Matthew Pines discusses how the US is falling behind in the multi polar world, highlighting topics such as pitching Bitcoin to policy makers, the US government's awareness, the shift in state/non state power, and why Bitcoin is the best strategic option. They also touch on AI, the need for long term plans, and the potential of Bitcoin ownership to give America an advantage in the digital war.
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INSIGHT

Price Drives Politics

  • Bitcoin's political valence is primarily determined by its price, influencing politicians' interest and engagement.
  • Financial support from the crypto community incentivizes political attention and potential policy changes.
INSIGHT

Systemic Vulnerabilities

  • The current monetary system creates vulnerabilities for the U.S. by diminishing domestic manufacturing and industrial power.
  • Adversaries focus on digital network competition, while the U.S. risks falling behind by clinging to legacy systems.
ANECDOTE

BRICS and De-dollarization

  • The BRICS coalition, including Saudi Arabia, seeks to settle transactions in native currencies, challenging the petrodollar system.
  • This shift reflects a move towards multipolarity in global finance and governance.
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