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cover of episode Uncle Sam Wants Your Bitcoin

Uncle Sam Wants Your Bitcoin

2025/4/30
logo of podcast Bitcoin Season 2 | Bitcoin Tech, Culture & Ordinals

Bitcoin Season 2 | Bitcoin Tech, Culture & Ordinals

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Author of "The Bitcoin Dollar" Mark Goodwin joins us to discuss how stablecoins may be the US government's strategy to maintain dollar hegemony by yoking Bitcoin to the dollar system. He explains how private stablecoin issuers must buy US treasuries, creating artificial dollar demand while enabling surveillance. Mark argues that while Bitcoin pumps, Bitcoiners must fight to preserve its permissionless nature or risk merely empowering the state rather than creating true freedom for individuals.

Follow our guests: @markgoodw_in

Notes:

  • Tether holds ~$145B in US treasuries
  • PayPal offering 3.7% yield on PYUSD stablecoin
  • Bitcoin inflation fell below gold in May 2020
  • US strategically using stablecoins for dollar demand
  • Stablecoin regulations prioritize treasury backing
  • Bitcoin scaling solutions needed for privacy

Timestamps: 00:00 Start 01:32 The 21 cabal 06:40 Bitcoin as an EXIT 14:14 The Bitcoin Dollar 29:54 Arch 39:27 Stablecoins 51:40 Trump's illegal scams 1:01:25 What should Bitcoiners do?

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