Old article but more current than ever: “How The Federal Reserve Bought The Economics Profession”

HuffPost UK

Priceless: How The Federal Reserve Bought The Economics Profession

Priceless: How The Federal Reserve Bought The Economics Profession

#bitcoin #bitcoindollar

@Michael Saylor says: “Bitcoin succeeds on a simple premise: a bunch of smart people would like to keep their money’s [worth]. Who’s buying? The smart money.” 🧠💰 This is the critical driver of top-down adoption—the core of the #Bitcoindollar system I write about. 📖🔥 Some Bitcoiners criticize Saylor and fear #Bitcoin is being hijacked. They’ve got it upside down. 🙃 Top-down adoption as a Store of Value (SoV) is the fastest and safest path to mass adoption. 🚀 Medium of Exchange (MoE) comes next—if we do our part: ✅ Keep it decentralized ✅ Run our own nodes 🧱 ✅ Hold our own keys 🔑 Let smart money do their job. They pump it to the moon 🌕—we keep it sovereign. 🛡️🟧

On the issue of US Treasuries with a #bitcoin kicker some asked: “Why not a gold kicker on US Treasuries? We’ve got plenty! 🪙” Sure—now try distributing physical gold yield to investors. 🤷‍♂️ If it's not physical, it's just another IOU. Back to trusting a counterparty. Only Bitcoin solves this. A native digital asset. 💻 Mathematically scarce. 📉 Peer-to-peer, scriptable, decentralized. 🔐⚙️ The Treasury can send yield directly to investor wallets. 📲💸 Not only. There is BIG Bonus? 🎯 Other nations copy the move → BTC demand surges 🚀 → US Bitcoin holdings moon 🌕 → Dollar stablecoins gain global flow 🌍💵 → More demand for US debt 📈 Gold can’t do that. Ever. ❌ This is the #bitcoindollar system. ORDER NOW on Amazon. #stablecoin https://www.amazon.com/dp/B0F24TPNGP

For Dmitry Trenin - a member of Russia's Foreign and Defence Policy Council and close to President Putin - Trump’s foreign policy is "calculated, not chaotic. His counterrevolution is aimed at reversing liberal-globalist distortions, reinforcing sovereignty, and returning realism to international affairs. His goal is not to divide Moscow and Beijing outright, but to lay the groundwork for a new global balance of power in which Russia has options beyond the Chinese orbit and reduce Moscow’s dependence on Beijing." This is exactly what I proposed in my #bitcoindollar book the US should do, see excerpt below. #bitcoin #russia #geopolitics

RT International

Dmitry Trenin: Here’s why Trump’s foreign policy is calculated, not chaotic

America’s new realism means peace with Russia and focus on China

Can hard and soft money coexist, OR will one destroy the other? A thoughtful debate

The Bitcoindollar Debate: Can Hard and Soft Money Coexist?

#bitcoin #bitcoindollar

GM TEST

#nostr I am not able to post. Anyone help? The mobile app works but when I use the laptop nothing happens when I click the POST button. Frozen. Tried logout and login again and restart PC. Nothing. Using Firefox browser and Linux OP. Any ideas??

EU suicidal energy policies are beginning to bear fruits: "Over-Reliance On Renewables Behind Catastrophic Blackouts in Spain and Portugal. Excess solar resulted in too little “inertia,” making the whole system vulnerable". I am not qualified to express an opinion on that issue but it seems very similar to what has happened in the USA last year which was solved with #bitcoin mining used for stabilizing the grid.

Over-Reliance On Renewables Behind Catastrophic Blackouts in Spain

Excess solar resulted in too little “inertia,” making the whole system vulnerable

Some have asked me how the Bitcoindollar System would work, so I have summarized below the key takeaways from Chap. 22 of my book. • Stablecoin issuers convert fiat reserves into T-Bills, increasing U.S. debt demand 📈. • T-Bill yields are reinvested into Bitcoin, creating a positive feedback loop ♻️. • Dollarized stablecoins spread globally as local currencies collapse 🌍💵. • Bitcoin absorbs inflation as an inelastic monetary asset 🧲. • U.S. sustains deficit spending while keeping the dollar exchange rate at sustainable levels ⚖️💬. • Bitcoin becomes the global store of value, displacing gold, real estate, and stocks 🏛️📉. • Nations that build strategic Bitcoin reserves gain a critical geopolitical advantage 🛡️🪙. The future is a convergence of Bitcoin, the dollar, and global liquidity flows. The transition is already underway.

Paying coffee and cake with Sats at #bitcoin event Cheatcode in Bedford, beautiful home of @Peter McCormack