The Eurodollar market is tens of trillions in USD right now and by its nature is largely outside the regulatory authority of the US Federal Reserve. That is a LOT of potential power the US Sovereign COULD have. With USD stablecoins backed by USTs, a different arm of the US Sovereign (the Treasury) could effectively absorb and replace the Eurodollar market. This allows the US Sovereign to exert more direct control beyond its own borders AND it allows the US Treasury to take significant power at the same time while diminishing the power of the US Central Bank. #gold #bitcoin #usd #markets

If not your keys then not your coins then not your disks not your media. #bitc #bitcoin #fallout

In case you missed it, the money supply wars have just begun. #bitcoin #gold #usd #banking #deposits #treasuries

Unless I misunderstand something, most of the bitcoin I own are in ETFs in my traditional brokerage accounts. I really like how I can add the exposure to Roth IRAs, solo 401(k), etc. Plus with all the estate planning work I’ve done including revocable trusts. It’s just so convenient and the cost of carry is like 15 bps. I can also do a pledged asset line on Schwab for a cost of 8% to 9% which is pretty damn competitive. Given all of that I find it hard to justify owning most of my bitcoin exposure natively in wallets. Am I just too retarded to understand? #bitcoin #btc

How many of you guys go through efforts to blur the likelihood that someone could trace how much bitcoin you have? I started looking into what coinjoin does and other types of techniques. #btc #bitcoin

I’m clearly new at this, but I think I just figured out how to send my own bitcoin in a hot wallet on a exchange directly to my cold wallet. In a lot of ways, a deep understanding of traditional finance is helpful in analyzing this new technology, but it also sometimes makes it slower to understand the details. #btc #bitcoin #fiat

Anyone experiment with #bitchat? Would appreciate insights.

As someone who has been in finance/capital markets for over 20 years the following cannot be understated enough especially in the context of history: On July 1st, 2025, Basel III banking regulations officially reclassified physical gold as a Tier 1 asset, specifically a high-quality liquid asset (HQLA). This means that U.S. banks can now count physical gold at 100% of its market value towards their core capital reserves. Previously, gold was considered a Tier 3 asset, requiring banks to discount its value. Many times in markets the catalyst for great change is when the RULES change. #gold #bitcoin #markets #banks