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Toby McMann
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Bitcoin enthusiast | Nostr only Nosce te ipsum

The Fed balance sheet is a thermometer, monitoring the health of US dollar system.👀

Lyn, do i have this right and your thoughts please...

Fiat currency is just debt, issued upon on debt, issued upon debt, etc.

US Treasuries are the base layer, as the deepest and most liquid market.

If so, are we just one failed US Treasury auction away from a re-ordering of global power?

What are the scenarios, however improbable, that could cause it -- and how should the US be hedging?

It will be interesting to see how quickly the BRICS move towards a new currency.

USA won the Cold War by breaking the economic back of the USSR. China/Russia are now doing it to us.

Question...without the Big Money and Big Government, does Big Tech also get smaller, implying a lower rate of tech advancement, under a Bitcoin Standard?

(Not saying this is bad, if true, particularly if it reflects a more natural rate of growth with less waste and more efficiency...just trying to correctly internalize the vision....)

The French buy LNG in yuan.

The Saudis look to join security bloc with China, etc al, in addition to strengthening economic ties.

ESEAN countries meet to ditch USD.

Yet, there is little to no MSM coverage in sight...and chatter is quiet even here on nostr.

The Russians have oil, we have the USD (and a military, but also public opinion generally against using it). Who wins?

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Stay humble, young grasshopper. Always ask, are we early or wrong?

BTW, whoever zapped me today, THANK YOU for the 13 sats. It was my first zap. Very cool feeling.

Hello folks. I logged out of my prior nostr account on accident, tried logging back in with my saved npub and nsec, but it wouldn't let me login again. I've left a note for the chat group. But, there are now two Toby McMann accounts. This new one #[0], and the old one I can't access #[1].