At the center of the circuit of the US banking system sits the Federal Reserve and the Treasury – a proprietary black box chip that controls both the current (short-term and overnight interest rates) and voltage (the issuances of US Treasuries, “USTs”).

Ancient India was heaven!

Man is not travelling from error to truth, but climbing up from truth to truth, from truth that is lower to truth that is higher. -Swami Vivekananda.

Yeah, Dollar is Bitcoin too, fool.

The future of banking is not stablecoin issuers providing opportunities for the global south to buy US debt; the future is every website, every digital community, threatening to run their own ecash instance, backed by bitcoin, the only neutral reserve asset, when their current financial counterparties are eventually cut off.

The special commodity or medium that we call money has a long and interesting history. And since we are so dependent on our use of it and so much controlled and motivated by the wish to have more of it or not to lose what we have we may become irrational in thinking about it and fail to be able to reason about it like about a technology, such as radio, to be used more or less efficiently. - John Forbes Nash, Jr.