Did Congress Just Break the Dollar? (from the archives)

From April 23, 2024. 

In this episode, Brian and Sam discuss: 

• The recent foreign aid package highlights a disconnect between Congress and the American people. 
• The national debt continues to rise, raising concerns about misplaced priorities in government spending. 
• The Repo Act could set a dangerous precedent for asset seizure without due process. 
• Seizing assets from one country to give to another could undermine trust in the US dollar. 
• The US dollar's status as a global reserve currency is at risk due to recent legislative actions. 
• Debanking trends are causing countries to seek alternatives to the US dollar. 
• Bitcoin is seen as a hedge against government overreach and a means of financial sovereignty. 
• The approval of Bitcoin ETFs indicates growing institutional interest in cryptocurrency. 
• IRS regulations on unhosted wallets could impose burdensome compliance requirements on Bitcoin users. 

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