The Petrodollar Is Dying. Will the Crypto Dollar Replace It?
Manage episode 496636378 series 3333012
Is the U.S. dollar going digital? In this Roundup episode, Josh Friedeman, Trey Sellers, and Jon Gordon break down how the GENIUS Act may be paving the way from the Petrodollar to a Crypto Dollar system.
They unpack why the GENIUS Act bans CBDCs while promoting stablecoins, how Tether and Circle are soaking up short-term U.S. Treasuries, and whether this shift actually solves the U.S. debt crisis—or just delays it.
You’ll also hear how Bitcoin’s censorship resistance compares to stablecoins, about the U.K. potentially dumping $7B in seized BTC, and what it all means for the future of money.
KEY TOPICS
- GENIUS Act and stablecoins
- US government debt and demand for treasuries
- Bitcoin in 401(k) plans
- UK selling Bitcoin reserves
- Trump Media's Bitcoin purchase
- Skepticism about a Strategic Bitcoin Reserve (SBR) for the U.S. government
CONNECT WITH JON
- 𝕏: @thebitcoinyogi
- Instagram: @jongordon9
- LinkedIn: Jon Gordon
- Websites: Satoshi Health
- Website: Sound HSA
CONNECT WITH TREY
- 𝕏: @ts_hodl
- LinkedIn: Trey Sellers
- Website: treysellers.com
- Newsletter: firebtc.substack.com
CONNECT WITH JOSH
- 𝕏: @joshuafriedeman
- LinkedIn: Josh Friedeman
TAKEAWAYS
- Stablecoins increase demand for short-term U.S. Treasuries but not long-term debt.
- Tether and Circle are becoming massive players in the U.S. debt ecosystem.
- Bitcoin remains the only censorship-resistant, non-sovereign monetary alternative.
- The U.K. plans to sell $7B in seized Bitcoin, repeating a familiar mistake.
- Trump Media’s $2B valuation and 401(k) Bitcoin access raise political implications.
SHOW PARTNERS
Velas Commerce — Build with Bitcoin. Build with Lightning. Velas creates high-performance websites, apps, and POS integrations purpose-built for Bitcoin commerce. → velascommerce.com
Strong Wealth — Bitcoin-native wealth planning for business owners, HNWIs, and families transitioning generational assets. Smart estate strategy meets hard money principles. → strongwealth.net
163 episodes