Billionaire Elon Musk on Wednesday said that while the Trump accounts that are set to launch next year are a nice gesture, he doesn't think saving money will be necessary with "universal high income" set to prevail in the future. Musk replied to a post by investor Ray Dalio, who announced he was following Michael and Susan Dell in donating funds to help seed so-called Trump accounts, which are new savings and investment accounts created by the One Big Beautiful Bill Act for newborns and young Americans."It ...

NEW: Bitcoin, Stablecoins and America's Debt Endgame | Bitcoin Politics w/ @frankcorva Ep. 1 🔴🔵In conversation with @Avik on the GENIUS Act, CBDCs, & why stablecoins alone might not be enough to stave off a U.S. "fiscal reckoning" 💸Chapters:00:00 – The US Debt Crisis Explained01:49 – Genius Act & Bitcoin's Maturing Political Strategy04:36 – Stablecoins, CBDCs & Bitcoin’s Survival Strategy09:05 – Hidden Threats in Crypto Bills14:07 – Can Stablecoins Delay the Dollar's Collapse?24:57 – The 'BitBond' Fix: Defa ...