1 00:00:00,000 --> 00:00:04,820 Speaker 1: If you can get hundreds of millions of people around the world to hold your digital dollars 2 00:00:04,820 --> 00:00:10,460 Speaker 1: on their smartphones, you've just found a new market for U .S. debt. Beyond this ability to 3 00:00:10,460 --> 00:00:14,520 Speaker 1: program money, there's actually another reason why central planners want to do this, is to 4 00:00:14,520 --> 00:00:19,360 Speaker 1: be able to offload their debt onto the rest of the world. That's because in 2026, the 5 00:00:19,360 --> 00:00:23,460 Speaker 1: United States government is running a deficit that is completely unsustainable. Foreign 6 00:00:23,460 --> 00:00:27,860 Speaker 1: countries that used to buy U .S. treasury bonds, they're now buying less of it. The 7 00:00:27,860 --> 00:00:31,560 Speaker 1: traditional wholesale market for U .S. debt is getting smaller and it's getting smaller 8 00:00:31,560 --> 00:00:36,460 Speaker 1: because nations are trusting the u .s less and less especially in the context of the iran 9 00:00:36,460 --> 00:00:42,320 Speaker 1: war so how do you save the empire stable coins because if you can get hundreds of millions 10 00:00:42,320 --> 00:00:47,060 Speaker 1: of people around the world to hold your digital dollars on their smartphones which are 11 00:00:47,060 --> 00:00:51,880 Speaker 1: essentially just treasury bills wrapped in an app you've just found a new market for us 12 00:00:51,880 --> 00:00:56,260 Speaker 1: debt that's where private corporations will be able to issue their own coins and pay their 13 00:00:56,260 --> 00:01:01,360 Speaker 1: own yields with their own perks and benefits, and that's how you can export your debt into 14 00:01:01,360 --> 00:01:05,880 Speaker 1: the global retail market. And that props up demand for treasuries. It preserves dollar 15 00:01:05,880 --> 00:01:11,180 Speaker 1: dominance. And as a bonus, every single transaction will be visible, trackable, and in 16 00:01:11,180 --> 00:01:12,380 Speaker 1: theory, programmable.