I have three questions I have been trying to get a bitcoin expert to answer. Hopefully you have such knowledge and kindness. I do own an amount of bitcoin and still also hold gold. Here are my questions:
1) Do you think that in response to rising national debt and threats to the dollar (and by derivative, all fiat currencies), governments might revalue the treasury gold certificates held on central bank balance sheets by high multiples in order to reduce debt and provide room for monetary tightening...and…that such a move could slow down the BTC market cap increases?
2) Do you think Central Bank Digital Currencies could be coded so that they can only be traded on a central nationalized exchange, thus generating BTC fees for the government should that currency be traded for BTC? Followup: If yes, then why hasn't a small country already put BTC in their treasury and taken measures to setup up this obvious way to increase the value of their international reserves?
3) Do you think a major incentive behind the creation of CBDC is so that governments have flexibility in how to deal with failing traditional banks in the future, that being making bank depositors whole by directly injecting non-debt CBDC into depositor accounts created at the central bank for that purpose so that the failing bank can be allowed to fail with limited market turmoil?