Paul Schoe<p>Henry <a href="https://mastodon.world/tags/Farrell" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Farrell</span></a> made some remarks about <a href="https://mastodon.world/tags/crypto" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>crypto</span></a> in 'What will happen to U.S. economic power under Trump?'</p><p>Important Trumpworld people like “crypto czar” David Sacks and Elon <a href="https://mastodon.world/tags/Musk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Musk</span></a>, were from the “PayPal mafia” with a core goal in its early days": to displace the US dollar.</p><p>As Peter <a href="https://mastodon.world/tags/Thiel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#<span>Thiel</span></a> described, their ambition was “to create a new currency that would replace the U.S. dollar.” </p><p>They see Bitcoin as it might fulfil PayPal’s “vision to create ‘the new world currency.’”</p><p><a href="https://www.programmablemutter.com/p/what-will-happen-to-us-economic-power" rel="nofollow noopener noreferrer" translate="no" target="_blank"><span class="invisible">https://www.</span><span class="ellipsis">programmablemutter.com/p/what-</span><span class="invisible">will-happen-to-us-economic-power</span></a></p>