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Russell Napier is one of my favorite macro analysts that I've learned a lot from over the years. Had the chance to meet him at a dinner the other day and discuss macro with him. Him and I often have similar macro views and a focus on the topic of fiscal dominance and the financial repression that follows. But an area of historic difference is that he has viewed Bitcoin as unlikely to win. He has viewed it as something that governments will ultimately not allow to function once the gloves come off and financial repression gets real from the major powers. So I discussed that with him, since while I acknowledge that threat as being real, I think Bitcoin is a solid foundation to push back with. But in addition, I also highlighted Nostr, and decentralized comms and social media in general. Back in the 1930s-1940s when the US banned gold ownership and implemented yield curve control (hard core financial repression), information moved slowly. A lot of information was one-directional. It was hard for people to coordinate with each other at large scales. But social media changes the game entirely. People can meme about it in real time. Government and central bank social media accounts can get ratio'd. Maybe one day they'll try to put a stop to that on centralized social media platforms, but that's why the decentralized protocols are so important. The tools are simply much better today, making that type of smooth and coordinated financial repression harder to do since all of their reasons can be dissected and dunked on in real time.

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Watching the stable coin integration coming, Allowing stablecoins to circumvent traditional banks really leads me to believe otherwise. The stablecoin will be the layer of insulation between bitcoin, And CBDC’s. The Fed will bail out its top winners, And absolve predatory tokens as it seems fit, “creating borderless liquidity”. I feel lucky to have access to a bank account that I can use to buy stablecoins and with stablecoins bitcoin. I think the narrative that bitcoin will replace the dollar as the world reserve currency has been disproven, And will instead become a reserve asset in compliment to the dollar. In the distant future I see the State of Israel becoming the center of the western axis of power. Israel was the longest disenfranchised empire, Ahead of the Romans, Them the European powers. The slow decline of the Anglo-American age will lead to the rise of the Neo-Judean order for the west. There will still be a multipolar rise of the BRICS nations as they catch up to a modern quality of life, Likely seeing the most growth over the next 100 years, And the people from those countries will see the greatest benefit in terms of quality of life. The west will see a revival of its economic power starting in Israel and following with the countries and individuals participating in cooperation with this economic progress. The west carries the modern status quo that the BRICS nations strive towards, And China leads in terms of quality of life and economic development, Followed by India, And behind them Brazil and many African countries benefiting from Chinese trade relations.
Agree Russel Napier is easily top 5 people on the planet to listen to (for me). Here is my top 10: 1. Grant Williams 2. Robert Friedland 3. Luke Gromen 4. Lyn Alden 5. Russel Napier 6. Preston Pysh 7. Pippa Malmgren 8. Adam Rozencwajg 9. Josh Crumb 10. Jeff Booth