Bophades Bawls 🇺🇸🇨🇭🇬🇧

When someone asks me what is money: #bitcoin #gold #fiat #btc

Most people have heard of the legendary Greek warrior Achilles, but few have heard of Bophades. Like Achilles, as a baby he was dipped in the river Styx, but where Achilles was held by his heel, Bophades’ mother held him by the bawls - that’s right, she dangled him in the river Styx by his bawls. But that only served to make him a more legendary warrior, everyone protects their bawls in battle, that’s a force of nature. But eventually in the heat of an epic battle he was fatally struck by an arrow right in the twig and berries, his only weak spot, and was killed instantly. A tragic Greek death: an arrow to the bawls. Everybody knows about Achilles and his heel, but now you know the legend of Bophades Bawls.

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Something I think about a lot: #history #democracy #government #dictatorship #gold #bitcoin #btc

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The Eurodollar market is tens of trillions in USD right now and by its nature is largely outside the regulatory authority of the US Federal Reserve. That is a LOT of potential power the US Sovereign COULD have. With USD stablecoins backed by USTs, a different arm of the US Sovereign (the Treasury) could effectively absorb and replace the Eurodollar market. This allows the US Sovereign to exert more direct control beyond its own borders AND it allows the US Treasury to take significant power at the same time while diminishing the power of the US Central Bank. #gold #bitcoin #usd #markets