Bitcoin: The Dollar’s Unlikely Saviour? 🚨💸

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Amid the twilight of fiscal despair, Jack Mallers, that modern-day prophet of the digital realm, unfurled a vision where Bitcoin’s ascent is not merely a financial whim, but a sacred rite for the United States to evade the jaws of ruin. With the precision of a poet and the fervor of a zealot, he declared that the dollar’s fragile dance must be underpinned by the twin pillars of Bitcoin and gold—symbols of a world where currency is both a symphony and a siege.

Bitcoin And Gold Must Rise To Avert US Fiscal Crisis

Behold the chart, a tapestry of numbers where Tether’s market cap, a green serpent, coils around Bitcoin’s price, an orange flame. Mallers, with the gravity of a seer, proclaimed that to fuel the growth of stablecoins, one must first ignite Bitcoin’s embers. For in the vaults of Tether, the US Treasury’s treasures slumber, and a swelling tide of stablecoins would drown the nation’s debt in a sea of demand.

The United States, trapped in a fiscal labyrinth, cannot raise rates nor slash spending—its only escape, a devaluation of the dollar. Yet, what assets should it choose to erode? Not housing, not eggs, but Bitcoin and gold, the ultimate alchemists of the modern age. “Debase the dollar against them,” he urged, as if the economy were a game of chess and the dollar a pawn.

Envision Bitcoin’s ascent to $500,000—a crescendo of chaos—where stablecoins swell fivefold, their reserves a lifeline for a debt-ridden nation. China, the hedge funds, the weary buyers—all turn away, leaving the Fed as the last resort, a savior in a world of despair.

He drew parallels to the past, when the Fed and Treasury, like lovers in a wartime romance, expanded their balance sheets to finance the world’s wars. Now, the script repeats, with T-bills as the new currency of the gods.

With debt-to-GDP at 130%, the solution, according to Mallers, is a monetary debasement cloaked in the guise of asset inflation. The president’s $2 billion Bitcoin purchase and the opening of retirement accounts to crypto investments—proof, he insists, that the path to power lies in the embrace of the digital.

“Debase the dollar all you want,” he laughed, “I own Bitcoin.” A mantra for the age, where the only true wealth is the one that dances on the edge of chaos.

And so, the cycle continues: stablecoins, the new financiers of the state, grow as Bitcoin grows. A solution as obvious as the sunrise, yet as surreal as a dream.

At press time, BTC lingered at $118,055, a number as fleeting as the hope it inspires.

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2025-07-25 03:06