What Bitcoin Did The Myth of the Dollar Collapse w/ Joe Carlasare
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Jun 11, 2025 
In a thought-provoking discussion, Joe Carlasare, a commercial litigator and seasoned Bitcoiner, dives into the complexities of the U.S. sovereign debt landscape. He emphasizes that the looming threat isn't a collapsing dollar but instability in the Treasury market. Joe also touches on the powerful interplay between AI, economic growth, and productivity, arguing for a future driven by sustained growth rather than austerity. Additionally, he highlights how Bitcoin could play a pivotal role in reshaping financial systems amidst these challenges.
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Joe's Early Bitcoin Mining Experience
- Joe mined Bitcoin with noisy S9 hardware in his basement back in 2016-2017.
- He never sold that Bitcoin and enjoyed the experience learning firsthand.
Bitcoin as Sovereign Debt Alternative
- Bitcoin can serve as a sovereign debt alternative underpinning the entire credit system.
- Its potential lies beyond investment, acting as collateral in the global financial system.
Money Elasticity via Bitcoin Reserves
- Elasticity in money supply helps recovery after crises by injecting liquidity.
- Governments holding Bitcoin reserves could provide such elasticity without undermining Bitcoin's hard money qualities.