Bitcoin Magazine
Sam Lyman: “Bitcoin doesn’t need America. America needs Bitcoin.”
Dollar stablecoins, Sam Lyman says, are “like Starlink for the US dollar system”: if you have an internet connection, you can access the dollar. Because those tokens are backed by Treasuries, buyers are “effectively buying U.S. treasuries,” which he sees as a way to shore up demand for U.S. debt. He cites estimates that the U.S. stablecoin market could be above $3 trillion by the end of the decade — “$3 trillion of new demand for U.S. debt.” He also calls stablecoins, “in many ways,” “a gateway drug to Bitcoin,” and argues the setup can help the United States, stablecoin users, and Bitcoin over the long term.
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Chapters:
00:00 America’s AI Perception Gap After the Midterms
01:21 Open-Weight Models Are the Bitcoin of Intelligence
02:34 Open Source Won’t Sink the AI Economy
04:38 Winning the AI Race and Foreign Influence in the Debate
06:28 A Data Center Dividend of Up to $9,000 a Year
08:17 An AI Data Center Moratorium Hits Hybrid Miners Too
10:27 Crypto Policy Inaction Until After 2028
11:19 Bitcoin Doesn’t Need America — America Needs Bitcoin
13:32 Stablecoins Create New Demand for U.S. Treasuries
16:14 When Agents Save, They Want Bitcoin
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This post Sam Lyman: “Bitcoin doesn’t need America. America needs Bitcoin.” first appeared on Bitcoin Magazine and is written by Patrick Green.