Sam Lyman: "Bitcoin doesn't need America. America needs Bitcoin."
Dollar stablecoins, Sam Lyman says, are "like Starlink for the US dollar system": if you have an internet connection, you can access the dollar. Because those tokens are backed by Treasuries, buyers are "effectively buying U.S. treasuries," which he sees as a way to shore up demand for U.S. debt. He cites estimates…
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