Unchained

Why Lyn Alden Isn't a Fan of Trump’s Memecoins, but Neutral on a Strategic Bitcoin Reserve - Ep. 768

22 snips
Jan 21, 2025
Guest
Lyn Alden
Lyn Alden, a financial analyst and author of "Broken Money," joins the discussion to express her skepticism about Trump’s memecoins. She believes they are speculative and potentially harmful. Lyn also highlights the complexities of a U.S. strategic bitcoin reserve, suggesting it could reshape the dollar's status and global trade. Additionally, she examines rising tariffs, urging a rethink of U.S. fiscal policies and the importance of reshoring. With a cautious outlook on Bitcoin's security, she shares her projections for its future.
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INSIGHT

Bitcoin Reserve Debate

  • The US strategic Bitcoin reserve sparks debate about dollar devaluation.
  • It also questions the global reserve currency system.
INSIGHT

Dollar's Impact on Trade

  • The US dollar's global reserve status creates a structural trade deficit, as other countries need dollars.
  • This hurts domestic competitiveness in manufacturing.
INSIGHT

Disruption and Bitcoin

  • Incumbents rarely disrupt themselves, even when facing stagnation.
  • Smaller countries have a larger incentive to adopt Bitcoin.
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