Stablecoins are tokenized US debt $USDT is the 16th-22nd (depending on source) largest buyer of treasuries As traditional buyers (nation states, banks, etc.) dry up, stablecoins represent a totally new class of buyer at auction New demand for treasuries = more money printing
“I can remember 12 words. Therefore I am a free man.” - Adam Curry
We need multiple American ASIC manufacturers desperately 🇺🇸 Chinese ASIC manufacturers currently have well over 50% market share Great step in the right direction. I hope they can be competitive and make an impact in the #bitcoin mining industry
Grassroots movements are driven by the collective efforts of ordinary, often brilliant people. These movements start at some sort of community or local level and grow organically. This is the spirit of bitcoin.
Persistent inflation underscores the limitations and often the failure of central planning. Policies aimed at controlling economic variables through monetary manipulation have repeatedly led to economic distortions, boom-bust business cycles, and unintended consequences