Unchained Why Lyn Alden Isn't a Fan of Trump’s Memecoins, but Neutral on a Strategic Bitcoin Reserve - Ep. 768
22 snips
Jan 21, 2025 
Lyn Alden, a financial analyst and author of "Broken Money," joins the discussion to express her skepticism about Trump’s memecoins. She believes they are speculative and potentially harmful. Lyn also highlights the complexities of a U.S. strategic bitcoin reserve, suggesting it could reshape the dollar's status and global trade. Additionally, she examines rising tariffs, urging a rethink of U.S. fiscal policies and the importance of reshoring. With a cautious outlook on Bitcoin's security, she shares her projections for its future.
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Reshoring and Tariffs
- Reshoring policies are welcomed, but addressing root causes is crucial.
- Tariffs address the trade deficit's end result, not its root cause.
Income Tax and Surveillance
- Income tax reliance is based on ubiquitous surveillance, tied to the rise of banking.
- Portable capital and privacy tools challenge this structure.
Deficit Drivers
- The US government's deficit is largely tied to entitlements, not inefficiency.
- Cutting smaller programs won't significantly reduce the deficit.
