The best move the US can make against the EU bureaucrats is to simply monetize Bitcoin.
That destroys the EU in 10 years, tops.
Bardella (Le Pen in France, etc) is going to ask the ECB to buy French bonds. If they say yes, Euro will further devalue, accelerating Bitcoinization, if they say no, it will push France for Bitcoinization while perhaps pursuing reform, a MAGA Doge like government basically.
The US accelerating Bitcoinization like their doing now is the greatest pressure the EU could ever have.
These people are finished. And then it's back to the real game of national economics. Portugal for example immediately goes into Argentina mode. :D
#europe #bitcoin #politics
One of the things I've been realizing recently is that Bitcoin's divisibility (in L2 networks like Lightning, etc) will make it incredibly useful for global financial systems.
I have to admit for a moment there I was a bit skeptical that there would be incentives for redistribution, i.e not hoarding. In other words, if Bitcoin is consistently growing in value in relation to fiat, what's the incentive for me to invest?
And then I realized it's all about scale. Investments with Bitcoin (L2) can become very very small, global, widespread and decentralized. And there's a lot of value in that, not counting of course of all the more cooperative tokenized models for services, memberships, that could be created.
Now, this will also require some legal change as we know, especially when it comes to securities law, etc. Which is already happening in the US.
Basically the US will syphon capital so quick that other countries will be forced to adapt, and that will force a global SEC like deregulation everywhere in the world. Which will further accelerate the tokenization of everything, and create more investment opportunities for everyone.
With tokenization we're basically gonna see S&P500 for millions and millions of companies basically. It's very exciting actually.
#bitcoin #economics
#bitcoin