Yes. Also, after the dollar ends, I think ~50% of Westerners will become Bitcoin Maximalists (and blame the collapse on the Fed and centralized power) while ~50% may turn to Chinese Communists (and blame the collapse on BTC and decentralized currency).https://t.co/epy173ES1dQEInfinity (@QEInfinity1):@balajis Good thread. The only thing I’d add to the following like is that it’s spread even more disproportionately among non-asset owners who have no hedge of capital appreciation as a partial offset to asset i ...

There's no easy exit for the US. Its business model of money printing depends on being global #1.Dollar inflation is global taxation. Pullback means the printing is spread across ~330M Americans rather than ~8B worldwide. That's a 95% drop in tax base.https://t.co/8r8qpF1BLastaysaasy (@staysaasy):@balajis What happens next ...

Well, it's not the idea, it's the execution.China can just sit back and let the world be its Xerox PARC. And then become a speedy second mover on anything that's working.So you need innovations China genuinely can't copy.One of them is Bitcoin.https://t.co/aW8GuCuKLfAravind Chandrasekaran (@aravindc1691):@balajis There should be a graph to measure innovation Index. That is the true differentiator and it should be weighted equal if not more than energy consumption and manufacturing. ...

Both America and China were invested in the illusion that China wasn't already the world's strongest economy.Psychologically, it suited the incumbent to appear strong. So America downplayed China's numbers.Strategically, it suited the disruptor to appear weak. So China also sandbagged its own numbers.But the illusion is becoming harder to maintain.Doggy Dog (@DoggyDog1208):“The newest National Defense Strategy just delivered to Secretary of War Pete Hegseth calls for refocusing the Department of War on dome ...

National Defense Strategy Shift - The Pentagon is proposing a shift to prioritize protecting the homeland and Western Hemisphere over countering adversaries like China and Russia [2] - This shift marks a major departure from the previous administration's focus on deterring China [1][6] - The proposed strategy places domestic and regional missions above countering adversaries [2] - The shift is already occurring with the activation of National Guard troops and deployment of warships [4] Implications and Reactions - The move would likely inflame China hawks who view China's leadership as a danger to U S security [3] - The shift could question the old, trusted U S promises to allies [4] Military Actions - A U S military strike allegedly killed 11 suspected members of the Venezuelan Tren de Aragua gang in international waters [5] - The Pentagon has established a militarized zone across the southern border with Mexico allowing troops to detain civilians [5]

Geopolitical Shift - The US National Defense Strategy is reportedly shifting away from China, focusing on homeland security and border enforcement [1] - This shift is attributed to the US military's reliance on Chinese production, making direct confrontation difficult [2] - The perceived defeat of NATO in Ukraine and the burden of prolonged wars have also contributed to this strategic change [3] - The US is expected to close many of its approximately 750 military bases globally due to this pullback and international retaliation for trade wars, drawing parallels to the Soviet wind-down after 1991 [4] Global Power Dynamics - The US pullback could lead to a power vacuum, potentially filled by China, which is described as a self-interested ethnostate with significant military capabilities [5][6] - China's current rhetoric of win/win cooperation may be temporary, as its physical power could become a temptation for coercion [5] Strategic Response - An asymmetric strategy, leveraging the Internet's economic scale, is suggested to balance China's physical power [7]

Investment Strategy - A barbell strategy involves investing in crypto and tech, holding Bitcoin as hard assets, and keeping fiat for working assets [1] - Fiat currency is primarily used for optimizing the lack of downside rather than upside potential, unless one is a forex trader [1] Currency Strength - The currency is considered one of the strongest [1]

Currency Preference - AED (阿联酋迪拉姆) 和 SGD (新加坡元) 相对于 USD (美元) 以及其他受美联储控制的货币 (如 CAD 加元, GBP 英镑, EUR 欧元, JPY 日元) 更不容易被扣押、冻结或干预 [1] Economic Commentary - 报告暗示“帝国”已经衰落，对美元的汇款税可能只是一个开始 [1]

Yes, watch the video. I mention that AED is currently pegged to the dollar and the SGD is soft pegged.But because they run on their own rails, both the United Arab Emirates and Singapore can change that peg if they see fit.https://t.co/MaJX7Q7rSQOlivier Roland - Disruptive Horizons (@DisruptiveHoriz):@balajis AED is pegged to the dollar ...

Currency Recommendation - The analysis suggests that if holding fiat currency is necessary, the United Arab Emirates dirham (AED) and the Singapore dollar (SGD) are potentially the best options [1] - Both AED and SGD operate on their own sovereign rails and are capable of handling significant capital flows [1] - These currencies are designed to cater to a global audience [1]