Rereading nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu 's excellent expose on the Petrodollar recently and thinking: what would it seem like, if it seemed like (h/t nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt ) the petrodollar system was coming to an end, and the US knew it, and was embracing cryptodollars as a replacement for petrodollars, not by accident but by design.
I think it would look a lot like some of the stable coins we are seeing today, exporting our inflation out into the world through making stablecoins available in hundreds of countries where our banking system doesn't reach, and driving up a demand for US treasuries by stablecoin issuers, which pushes down US treasury yields, allows issuance of cheap debt, etc. Just like the petrodollar did.
Paul Ryan's recent comments show a clear understanding of this picture.
Too little too late. Gross stablecoin issuance would have to go up 10x from here in a very very short period of time to have any meaningful impact on helping finance the US’s massive (and growing) fiscal deficits. And that’s just for ONE SINGLE year. NOT cumulative.
The current accumulated 100+ billion in stablecoin issuance sounds like a big number, but it is just a few weeks worth of US fiscal deficits that need financing.
If this is “their plan”, it’s a really short sighted one.
Just sayin. 🤷♂️
#GM
#KnowThyself

1 new follow a day. Today it's nostr:npub1ycxn4qst07x7yr6fwfe9nxd347ytpnz42n9r37tgrjxk2lsy8nps0nx4rf Nice to meet you Chris. Looking forward to your posts.
I’m Honoured 😌🙏🏻
And just think….Bitcoin is JUST the beginning of the shift humanity will s entering into right now. What comes after/during is by definition almost inconceivable
👁️🪬💓🧬🦋
Amazing time to be here, indeed
So grateful 🙏🏻
Very static set of assumptions there.
PGU will take care of itself.
Best not to burn too many braincells “calculating” on which day it passes Gold, AAPL, Jupiter 🪐, etc
Just sayin 😉
It is the fearful, constrained and insecure aspects of our conditioned psyche that search (in vain) for certainty.
Relax. Let Go. Be curious. Allow your spirit to soften and expand. Embrace the higher vibration and infinite wisdom of “UNknowing” 😌🪬💓🧬🦋

Good Morning 🦋
Just woke up (jet lagged) in the land of “Pura Vida”
Pure bliss 😌
#GM
#PV

Trust the process 🙏🏻😉
This is a seminal Bitcoin article by Jeff Booth in my view
If Bitcoin does become the foundation of a new monetary system, I have a question that I don't hear being discussed in Bitcoin circles:
Does the foundation of a new Bitcoin monetary system require the large Bitcoin bag holders to embody conscious leadership for it to fully succeed?
Will those holding large amounts of Bitcoin merely take over from existing wealthy fiat oligarchs, hoarding Bitcoin spoils for their own egoic Bitcoin wealthy pleasures and power trips?
I'm proposing that if the ascension of Bitcoin is not matched by an ascension in consciousness of those holding large amounts of Bitcoin, then we run the risk of moving to a sound money system whilst still having unsound egos in control.
Let me explain further:
Under the present fiat monetary system we have a number of extremely wealthy business moguls, oligarchs with foundations, wealthy family dynasties, etc who wield a tremendous amount of power and influence in society.
If Bitcoin takes over we will see evidence of a massive transfer of wealth, with those invested early with over 1,000 bitcoin, potentially becoming billionaires in old fiat $ terms very quickly.
There will have been a massive wealth transfer, but from a consciousness perspective we run the risk that one bunch of unsound egos has merely replaced another.
If this so? What may I have missed?
And why is no one talking about this Bitcoin wealth elephant sat in the middle of the current bull run room?
Would love to hear the views of anyone who wants to contribute.
https://bitcointimes.io/the-greatest-game/

Without going too far down the rabbit hole, David, my own sense is that the emerging Bitcoin ecosystem represents such a profound shift in the base layer of human interaction and value exchange that trying to overlay the single aspect of “wealth transfer” (on the future) will end up being far too narrow a lens.
By the end of this century we will likely be an entirely new species, if the insights of such luminaries as Richard Rudd and Eckard Tolle are even remotely accurate (which I sense in every cell of my body they are)
More succinctly to your query, I sense that Bitcoin is the PATH to a new society. A new human. Not the destination. If that makes any sense 💓🧬🦋
#GN
#Surf
In the surf earlier today. Just behind the lineup 🏄♀️

A message from 2035 by nostr:npub1s05p3ha7en49dv8429tkk07nnfa9pcwczkf5x5qrdraqshxdje9sq6eyhe
I loved this talk by Jeff Booth, creator of this video
He's a priceless contributor in the Bitcoin space in my view
Agreed 👍
The Ethos of Bitcoin is helping to genetically reshape/evolve humanity into a new organism. 👁️🍊💓🧬🦋
Indeed Parman. 👁️🍊🙏🏻
I like to say….”It’s more important to LEARN Bitcoin than to BUY Bitcoin” 😉
Well said Lyn. 🙏🏻
nostr:note1jxzpa4v7cn6hgk9f0zm7y040um6pr6p7w2ylx02wmryuktpqskesv79xg3
Hits home more than ever now after digesting part of the Gene Keys. 🧬🙏🏻

GM Beautiful Nostriches 💜
Please take a moment to consider this transformational piece of timeless wisdom 😌
It is literal. Not metaphorical 👁️🪬🧬🦋
#GM
#Spirituality


