• pulsewidth@lemmy.world
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    2 months ago

    There is speculation that a secondary goal here would be to weaken the US dollar as a defacto exchange currency standard worldwide if Bitcoin were to gain prominence.

    That would be highly beneficial to certain “very good friends” of Trump like Putin whom would much prefer an unregulated currency that the US cannot impose controls over when presidents change.

    • 10001110101@lemm.ee
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      2 months ago

      It’s not really speculation that they want to weaken the dollar and dethrone it as the world’s reserve currency; it’s in Project 2025. Stated goal is to transition the US back to a manufacturing-heavy economy, instead of service, tech, finance, etc. Probably won’t work well, but that’s what they’re trying to do.