• TrippingBalls@lemmy.world
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    12 hours ago

    I too thought collapse was imminent until I learned about stablecoins. When nobody is left to purchase the debt… What happens?

    This is where stablecoins come in. They are taking dollars, buying debt, keeping the interest as profit and issuing digital dollars.

    It’s a cycle that can continue as long as the US government can pay for the interest…