{"podcast":{"title":"Mine Print Hash","slug":"mine-print-hash-7733530","podcast_index_feed_id":7733530,"rss_url":"https://api.substack.com/feed/podcast/3184485.rss","website_url":"https://www.mineprinthash.com/podcast","image_url":"https://substackcdn.com/feed/podcast/3184485/4f348e986da97707f3cacd27a49c4b16.jpg","author":"Matt Dines & Cameron Otsuka","episode_count":66,"summary":"A podcast and research bulletin on geopolitics, technology, and markets through the lens of competing monetary systems—mining, printing, and hashing as the forces that shape which empires rise and fall.","last_synced_at":"2026-07-18T22:20:35.514759+00:00","page_url":"https://stenobird.com/podcast/mine-print-hash-7733530"},"episode":{"title":"Treasury Supremacy: Stablecoins, Bitcoin, and the Building New Dollar Rails","slug":"treasury-supremacy-stablecoins-bitcoin-and-the-building-new-dollar-rails","published_at":"2026-05-21T23:35:11+00:00","page_url":"https://stenobird.com/podcast/mine-print-hash-7733530/treasury-supremacy-stablecoins-bitcoin-and-the-building-new-dollar-rails","show_page_url":"https://stenobird.com/podcast/mine-print-hash-7733530","url":"https://www.mineprinthash.com/p/treasury-supremacy-stablecoins-bitcoin","audio_url":"https://api.substack.com/feed/podcast/198771731/59ed099f6323d16ba29043ea789ba328.mp3","summary":"TL;DR : The “new dollar” framework: Bessent’s 3-3-3 plan, stablecoins, Bitcoin reserves, and money-market stress point to a U.S. monetary transition away from CBDCs and legacy fiat credit expansion. 📄 Summary Bessent’s 3-3-3 Plan & The New Dollar Cameron frames the episode around Scott Bessent’s 3-3-3 goal: 3% real growth, a 3% deficit, and 3 million additional barrels of domestic energy production. Matt says the key message is: “We’re going to monetize the asset side of the U.S. balance sheet for the American people” (00:02:53). * Stablecoins, Bitcoin reserves, digital asset regulation, and energy policy are milestones in one broader monetary transition. * Matt’s core claim: “It’s a new dollar. It’s going to be a different dollar” (00:04:21). Private Money vs. CBDCs Matt argues the 2024 election was effectively a referendum on public money/CBDCs versus private-sector dollar issuance via stablecoins. He defines stablecoins as “private money issuance” (00:03:39). * The Biden-era path pointed toward CBDCs and state-controlled rails; the Trump/Bessent path pivots toward private stablecoins, Bitcoin, and commercial-bank-led rails. * Matt says this path “stops the progression of this existing system’s perpetual credit expansion” (00:05:53). Five-Step Implementation Roadmap Matt’s milestones: shift policy toward innovation; organize federal Bitcoin under Treasury; merge Fedwire/FedNow with stablecoin rails; tailor bank regulation; and cement CBDC rejection with private stablecoin primacy (00:12:49). * EO 14178 revoked Biden’s EO 14067 and redirected policy away from CBDCs (00:17:31). * EO 14233 created a strategic Bitcoin reserve framework; ARMA would treat Bitcoin more like gold on the federal balance sheet (00:20:29). Fed Access & Ledger Integrity The next phase is connect…","meta_description":"TL;DR : The “new dollar” framework: Bessent’s 3-3-3 plan, stablecoins, Bitcoin reserves, and money-market stress point to a U.S. monetary transition away…","key_points":[],"chapters":[],"topics":[],"duration_seconds":3903,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/mine-print-hash-7733530/episodes/treasury-supremacy-stablecoins-bitcoin-and-the-building-new-dollar-rails/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/mine-print-hash-7733530/treasury-supremacy-stablecoins-bitcoin-and-the-building-new-dollar-rails.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}