At the Eastern Economic Forum in Vladivostok, advisor to the Russian President Anton Kobyakov shared insights on the potential US plans regarding cryptocurrency as a solution to financial issues.
US and Debt Obligations
Anton Kobyakov noted that the US is preparing to use cryptocurrencies and stablecoins to erase its $35 trillion national debt. He emphasized that Washington is attempting to change the rules of gold and cryptocurrency markets, utilizing them as alternatives to the traditional monetary system.
Historical Financial Changes Comparison
Kobyakov drew parallels with pivotal moments in US financial history, such as leaving the gold standard in the 1930s and severing the final ties between the dollar and gold in the 1970s. He believes that the US is again on the brink of a significant financial system change, this time through the use of digital assets.
US Plans for a Digital Transition
The advisor emphasized that part of this debt would be moved into digital tokens, allowing for a decrease in its value. "Put simply: they have a $35 trillion currency debt, they'll move it into the crypto space, devalue it—and start from scratch," Kobyakov explained.
Anton Kobyakov's statements raise important questions about the future of the US financial system and the potential shift towards digital currencies, which could impact the global economy.
