Yes fascinating reading Rogoffs book 'Our Dollar, Your Problem'. He is right inside the fiat monetary system working for the IMF and associates for decades and he clearly is sold on the fiat narrative- claiming that a Bitcoin Standard would not leave governments with any substantive way to respond to market crises ignoring the fact that the fiat standard leave huge debt spread across the system with the wealthy who can access debt using it to leverage bets on assets that might appreciate in value relative to fiat money thus making market crises much more likely- Similarly with government if they operated on a Bitcoin Standard they would have much greater incentive to accumulate liquid capital in advance of crises and would thus be much less indebted and prone to crises!

But good to see he does at least acknowledge both the predominant role of the USD in illegal/grey/black market transactions and Bitcoins utility there- he does not anywhere I have seen acknowledge the sly obstruction of Bitcoin MoE via tax recording and reporting obligations.

His explanation of how Japan was removed as a threat to USD hegemony in the 1980s and 1990s demonstrates how the US exerts pressure on any threat to its USD hegemony- but in the case of China I believe it is going to be much more difficult for the US to contain Chinas rise.

Yes the tax on 'steak and fries' (consumer MoE use of BTC) is a most sly and imo deliberate means of obstructing Bitcoins use as a MoE competitor to fiat and we need to both be aware of the problem and raise awareness of the problem. It may have been raised on r/Bitcoin once or twice but the predominant narrative there is so much NGU BS that any more substantive posts that get through the moderators are swamped and do not gain sufficient momentum for enough Bitcoiners to be aware and act on that awareness. r/bitcoin needs to delete all mindless NGU posts (which are perhaps 80% of current content) and allow posts that address the real challenges Bitcoin faces.

I do not believe the r/bitcoin mods are benign in this but that they are actively and deliberately obstructing a free and open exchange and contest of ideas in the global bitcoin community. Hope I am wrong in this but my experience trying to raise politically controversial issues such as the sly tax obstruction of Bitcoin MoE use, and being banned very quickly for raising the issue of censorship itself, strongly indicates otherwise. They just want banal mindless 'engagement' in trivia but nothing controversial that might frighten anyone or make anyone think beyond NGU.