Putin Adviser Calls Bitcoin an Arms Race (Patreon)
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Wow - here we go - the game theory on steroids... and we are sitting right here in the middle of it eating popcorn
Rem this is just rhetoric from one advisor but interesting nonetheless.
Russia Warns U.S. May Use Bitcoin to Escape Debt — Global Bitcoin Arms Race Ahead
At the Eastern Economic Forum, a top adviser to Russian President Putin, Anton Kobyakov, claimed the U.S. is planning to deal with its massive $37 trillion debt by promoting Bitcoin and crypto through treasury-backed stablecoins. He says the U.S. could then weaken the dollar to wipe the slate clean.
This idea, similar to what's described in Jason Lowery’s "Softwar" theory, could push countries into a Bitcoin buying race to protect themselves from U.S. financial moves. Kobyakov says it reminds him of past U.S. tactics from the 1930s and 1970s — actions that helped America but hurt the rest of the world.
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