While far too many people are gazing at #Bitcoin charts, Bitcoin Circular Economies (BCEs) are building the global “peer-to-peer electronic cash” movement that Satoshi envisioned. If you’re not tuned into #GlobalBCESummit, #AfricaBCESummit, and #spedn this week, you’re missing the true signal!
Fascinating that an asset being stockpiled by China, Russia and central banks in several other countries — while those countries step away from US treasuries and markets — can now “technically” be created in a lab. Potential geopolitical game-changer? As far as I’m concerned, yet another reason that #gold will soon be on the downtrend. image
“Stablecoins, which merely peg themselves to these fiat currencies, inherit their structural weakness. Stablecoins are not digital islands of stability; they are tethered to melting ice cubes, losing purchasing power at precisely the same rate as the fiat currencies they shadow… …And beyond this economic decay lies a more profound, sinister geopolitical danger: stablecoins do not merely inherit the debasement of their underlying fiat currencies—they also inherit and amplify the systems of monetary and political colonialism those currencies sustain. Whether through the U.S. dollar, the Chinese yuan, the CFA franc, or other hegemonic monetary regimes, stablecoins risk re-entrenching patterns of dependence and external control at precisely the moment when communities and nations around the world are seeking pathways to liberation and self-determination.” 📙
“We’re not even thinking of thinking of bringing this bad boy in on budget. How high could it get? Probably about this high?” image