[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Martin Bradstreet [@ALEXEIMARTOV](/creator/twitter/ALEXEIMARTOV) on x 1931 followers Created: 2025-07-21 20:41:44 UTC Someone explain to me why bitcoin is good for america (no position). As pumped up as Circle is, I can get behind ERC20 rails as a way to get foreign markets interested in the dollar through USDC. When crypto boomed over defi summer, people liked USDC, it actually works pretty well. And it legitimately creates demand for the US dollar. America even keeps the yield in the country (in $CRCL's coffers, where they will eventually pay taxes), rather than paying it out from the treasury to another country. In this way, its actually even better for the US than issuing treasuries to other sovereigns (all the dollar demand with none of the interest payments). With $BTC, i see three issues X. Every dollar that is sitting in bitcoin is not sitting in US stocks. This is bad for US companies who issue shares at inflated values to power innovation. Getting your capital for little pieces of paper is an amazing situation! X. It's also bad for the US dollar, because if you want to buy US stocks, you need to buy US dollars first. X. The US is ahead of China on innovation. But in terms of power generation, China is absolutely dominating. BTC is a reasonably large drain on the energy system and is literally designed to become a bigger one over time. If China wanted to make more bitcoins, they could faster than the US. You can do a thought experiment where all money was BTC. If you want to print more money, you need to generate more bitcoins with your energy system. China has a huge advantage here. Why would we want even a little bit of that situation as a country? I get owning it on a personal level cos you think its cool, or think it will go up, or think it hedges against de-dollarization, or whatever, u think satoshi is sexy etc. W/E, do what you want. This is more about whether or not the US is being rational. XXX engagements  **Related Topics** [$crcls](/topic/$crcls) [money](/topic/money) [united states dollar](/topic/united-states-dollar) [united states](/topic/united-states) [bitcoin](/topic/bitcoin) [coins layer 1](/topic/coins-layer-1) [coins bitcoin ecosystem](/topic/coins-bitcoin-ecosystem) [coins pow](/topic/coins-pow) [Post Link](https://x.com/ALEXEIMARTOV/status/1947396596112732511)
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Martin Bradstreet @ALEXEIMARTOV on x 1931 followers
Created: 2025-07-21 20:41:44 UTC
Someone explain to me why bitcoin is good for america (no position). As pumped up as Circle is, I can get behind ERC20 rails as a way to get foreign markets interested in the dollar through USDC. When crypto boomed over defi summer, people liked USDC, it actually works pretty well. And it legitimately creates demand for the US dollar. America even keeps the yield in the country (in $CRCL's coffers, where they will eventually pay taxes), rather than paying it out from the treasury to another country. In this way, its actually even better for the US than issuing treasuries to other sovereigns (all the dollar demand with none of the interest payments).
With $BTC, i see three issues X. Every dollar that is sitting in bitcoin is not sitting in US stocks. This is bad for US companies who issue shares at inflated values to power innovation. Getting your capital for little pieces of paper is an amazing situation!
X. It's also bad for the US dollar, because if you want to buy US stocks, you need to buy US dollars first.
X. The US is ahead of China on innovation. But in terms of power generation, China is absolutely dominating. BTC is a reasonably large drain on the energy system and is literally designed to become a bigger one over time.
If China wanted to make more bitcoins, they could faster than the US. You can do a thought experiment where all money was BTC. If you want to print more money, you need to generate more bitcoins with your energy system. China has a huge advantage here. Why would we want even a little bit of that situation as a country?
I get owning it on a personal level cos you think its cool, or think it will go up, or think it hedges against de-dollarization, or whatever, u think satoshi is sexy etc. W/E, do what you want. This is more about whether or not the US is being rational.
XXX engagements
Related Topics $crcls money united states dollar united states bitcoin coins layer 1 coins bitcoin ecosystem coins pow