Mark Goodwin explains how stablecoins may be yoking Bitcoin to the dollar system, creating a mechanism for the US to maintain global financial dominance while appearing to embrace cryptocurrency. He argues Bitcoiners must fight to keep Bitcoin permissionless.

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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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BITCOIN SEASON 2: Uncle Sam Wants Your Bitcoin

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