I wouldn't quite say that. We got a century of sovereignty even if they did keep us fighting through much of it. And while we're being yanked around by the dollar there has been a bit of positive momentum away from that state of affairs with the death of LIBOR and the move to a domestic market based rate for indexing debt to that at least takes some of the arbitrary control out of the hands of London bankers. The shift towards stablecoins is likely a necessary transitional move as we managed the $40 trillion in national debt which I don't see anyone just walking away from (it'd be unconstitutional if nothing else), though I do think it is feasible to, over the course of probably a few generations, move to a more sound money basis using Bitcoin.
I don't go full Tom Luongo about it as I do think he's a little more hopeful about Trump than I care to be but do give room for us being amid movement in the right direction.
Regarding taxes, well...if we can move off of income taxes onto something at least more based around optional things like imports it'd be a step in the right direction. $40 trillion does need to get paid down, and the American people for better or worse are the ones on the hook for it. I do expect that the domestic control of true monetary policy combined with a move to directly issued credit to the Treasury (rather than as much being sapped through the private, internationally banked banking system) will in time turn around the rate of debt expansion, and the accumulation of Bitcoin, whose value will outpace the growth of the debt, will help in right sizing the balance sheet.
Definitely no easy fix. But it does seem that after 250 years of revolution we may finally be starting to get somewhere. Time will tell. Either way, better to be fighting the Brits than answering their beck and call, so we're better now than we were 50 years ago. Lower taxes too, though just by a pittance.
Cykros
npub1lc…63apw
2026-06-17 14:35:50 UTC
in reply to nevent1q…yt7c
Author Public Key
npub1lcetwt8hcd9gagdytu4e35ufykxek0elfvx8q3spugmgj9x0ev0q363apwSeen on
wss://nos.lolPublished at
2026-06-17 14:35:50 UTCEvent JSON
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"content": "I wouldn't quite say that. We got a century of sovereignty even if they did keep us fighting through much of it. And while we're being yanked around by the dollar there has been a bit of positive momentum away from that state of affairs with the death of LIBOR and the move to a domestic market based rate for indexing debt to that at least takes some of the arbitrary control out of the hands of London bankers. The shift towards stablecoins is likely a necessary transitional move as we managed the $40 trillion in national debt which I don't see anyone just walking away from (it'd be unconstitutional if nothing else), though I do think it is feasible to, over the course of probably a few generations, move to a more sound money basis using Bitcoin.\n\nI don't go full Tom Luongo about it as I do think he's a little more hopeful about Trump than I care to be but do give room for us being amid movement in the right direction.\n\nRegarding taxes, well...if we can move off of income taxes onto something at least more based around optional things like imports it'd be a step in the right direction. $40 trillion does need to get paid down, and the American people for better or worse are the ones on the hook for it. I do expect that the domestic control of true monetary policy combined with a move to directly issued credit to the Treasury (rather than as much being sapped through the private, internationally banked banking system) will in time turn around the rate of debt expansion, and the accumulation of Bitcoin, whose value will outpace the growth of the debt, will help in right sizing the balance sheet.\n\nDefinitely no easy fix. But it does seem that after 250 years of revolution we may finally be starting to get somewhere. Time will tell. Either way, better to be fighting the Brits than answering their beck and call, so we're better now than we were 50 years ago. Lower taxes too, though just by a pittance.",
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