RFK & Trump Join Forces on US Bitcoin Strategic Reserve? | Reflections on Bitcoin Hard Talk Episode 51

Aug 23, 2024
 

RFK & Trump: A Potential Alliance for Bitcoin?

In this episode, I discussed the major breaking news—RFK potentially dropping out of the presidential race to team up with Trump on a U.S. Bitcoin Strategic Reserve Asset strategy. By the time you read this, this alliance might already be in motion, marking a historic shift in how the U.S. government might approach Bitcoin.

RFK has long been a vocal advocate for Bitcoin, understanding its potential to act as a counterbalance to the financial dominance of the Federal Reserve. Trump, with his background in business and a growing interest in digital assets, could bring the political muscle needed to push a Bitcoin reserve strategy forward. This collaboration could be the beginning of a major transformation in how America manages its financial future—moving away from the debt-ridden fiat system and towards a more resilient, Bitcoin-based reserve.

The Global Ripple Effect: Russia and the BRICS Currency

While the U.S. contemplates a Bitcoin strategic reserve, Russia has made headlines by announcing the launch of a new crypto exchange based on two stablecoins—one backed by the Chinese Yuan and the other by the new BRICS resource-backed currency. This move signifies the growing trend of nations looking to diversify away from the U.S. dollar and establish more independent, resource-backed financial systems.

This development is crucial as it highlights the global shift towards multipolar currency systems, where Bitcoin could play a pivotal role as a non-sovereign, decentralized asset that nations can use to protect their wealth against geopolitical uncertainties.

Why You Need to Prepare Now

As these geopolitical and financial dynamics evolve, it’s clear that we’re entering a new era. The world is rapidly transitioning towards a reality dominated by Bitcoin, AI, and CBDCs. If you’re not preparing now, you risk being left behind in a system that increasingly rewards those who understand and embrace these changes.

That’s why I created the BitcoinHardTalk Membership Portal—a free resource designed to help you navigate this complex landscape. Whether you’re new to Bitcoin or a seasoned investor, the portal offers everything you need to build and protect your wealth in a world where digital currencies are becoming the norm.

Join the Movement

If you haven’t already, I invite you to join the BitcoinHardTalk Membership Portal. It’s now time to build and protect your wealth as we move into this new era. Together, we can navigate these changes and ensure that you’re on the right side of history as Bitcoin continues to challenge the old financial order.

Visit SimonDixon.com/Wealth to learn how to prepare now. Let’s do this together.

As always, remember that we are living through one of the most exciting and pivotal times in financial history. Many will get hurt by the old system’s collapse, but with the right knowledge and preparation, you can thrive in the new world that’s emerging. I’ll see you in the next episode of Bitcoin Hard Talk, where we’ll continue to explore the future of Bitcoin, macroeconomics, and geopolitics.


Peace,


Simon Dixon

 

Q&A

Who is RFK and what is the rumor surrounding him?

RFK refers to Robert F. Kennedy, and the rumor is that he may become the head of the CIA, which has both positive and negative implications.

What is the current debt situation in the US and how does it relate to the Federal Reserve?

The US is currently in $35 trillion of debt, with an additional $217 trillion in liabilities. The Federal Reserve plays a role in this by creating a debt-based Ponzi scheme and adding approximately $1 trillion to the debt every 100 days. The Federal Reserve also pays its shareholders a dividend based on the assets it manages.

What is the International Monetary Fund (IMF) and how does it control central banks?

The International Monetary Fund is an economic hitman organization that gets countries into dollar debt, allowing it to control their central banks. These central banks then print money to pay off the dollar debt, which leads to the pillaging of their assets. This process has been observed in countries like Venezuela, Pakistan, and Bangladesh.

What is the significance of Dubai approving Bitcoin and crypto for salary payments?

Dubai's approval of Bitcoin and crypto for salary payments is a significant step towards mainstream adoption. It attracts businesses and individuals in the crypto industry and allows them to receive payments directly in Bitcoin, without incurring capital gains tax. This move supports Bitcoin's use as a currency and promotes its wider acceptance.

What is the significance of the BRICS currency and Saudi Arabia's role?

The BRICS currency is expected to challenge the dominance of the US dollar. Saudi Arabia, as a major player in the oil industry, holds significant power in the global economy. It is playing both sides of the equation by supporting Brix while also relying on the US military industrial complex for security contracts.

What is the significance of China's stance on peace and security?

China has a track record of pursuing peace and security, unlike the US. It emphasizes trade and cooperation rather than power politics and destabilization. China's Belt and Road Initiative focuses on building economic corridors and trade relationships, which can contribute to global stability and peaceful negotiations.

Disclaimer:

The content provided in this blog is for informational purposes only and reflects the personal opinions and views of Simon Dixon. It should not be considered as financial, investment, or legal advice. The information is provided "as is" without any representations or warranties, express or implied. Simon Dixon and simondixon.com do not assume any liability for any actions taken based on the content of this blog. Always conduct your own research and consult with a professional before making any financial decisions. Bitcoin and other cryptocurrencies are volatile and involve risks, including the potential loss of principal. By reading this blog, you agree to these terms and acknowledge that Simon Dixon and simondixon.com are not responsible for any financial decisions you make based on the information provided.

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