How are gold and stablecoins going to devalue the total debt of the US? I don't understand.
So if the world goes into the crypto cloud, how is that going to help the US debt? Or does he mean that when there is demand for stablecoins, it will affect the dollar and cause a demand for the dollar? I genuinely don't understand and would like to understand the POV of this claim.
I don't know about stablecoin but one of the ways the USA can achieve this is by buying Bitcoin like Tump proposed (Bitcoin strategy reserve). Let's say they buy 500,000 BTC at $112,000 and hold it for a longer period of time, like 25 years. When the value of the Bitcoin has appreciated, for example when it gets to $1,000,000 per Bitcoin, they'll sell it and use the money to clear off their debts.