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Treasury Official Bessent Slams CBDCs as a Sign of ’Weakness’—Bankers Reach for Pepto
Treasury Official Bessent Slams CBDCs as a Sign of ’Weakness’—Bankers Reach for Pepto
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Another day, another bureaucrat fretting about digital sovereignty. Treasury’s Bessent just dropped the mic on CBDCs—calling them a flashing neon sign of financial insecurity.
The Irony of ’Stable’ Money
Central banks scrambling to digitize their monopolies? How very 2020. Meanwhile, Bitcoin’s eating their lunch with a 200% year-to-date rally.
The Real Weakness? Legacy Thinking
Newsflash: Blockchains don’t care about your monetary policy meetings. DeFi protocols just hit $100B TVL again—guess where that liquidity came from?
Funny how ’weakness’ always seems to be projection. Wall Street still can’t decide if crypto’s a threat or an exit strategy.
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