Graph from @Aeraryum.Aeraryum (@Aeraryum):@balajis Pricing in gold changes not only the Bitcoin perspective https://t.co/M6qGrbD1km ...

The S&P 500 is up in nominal terms, flat in gold terms, and down in Bitcoin terms. https://t.co/RGEV6ANHTK ...

Perhaps there’s no such thing as stablecoins. Only stable metals and fiat coins. https://t.co/BNCVTb3II2 ...

Market Trends - The Bitcoin to gold exchange rate may become the true price [1] - The report explores the exchange rate between Bitcoin and gold, suggesting a potential shift in price discovery [1] Digital Assets - The report questions how many ounces of gold are equivalent to one unit of digital gold (Bitcoin) [1]

The leftist failure mode is to repeat a slogan like “mostly peaceful protests”, even when it doesn’t reflect observable reality. If they read it, it’s real to them.The rightist failure mode is to repost some video that “goes hard”, even when it doesn’t reflect observable reality. If they see it, it’s real to them.The capitalist has to deal with the world of hard numbers. The verbal and the visual are important, but ultimately secondary to the numerical. ...

Socialists are verbal.Nationalists are visual.Capitalists are numerical. ...

That is how we got here, but the American right isn’t one tribe.After the fall of the Soviet Union, there were many different kinds of anti-communists: Polish Catholics, Estonian technologists, Russian nationalists. There were many ways to not be a member of the Communist Party.Similarly, after the defeat of woke hegemony* in 2024, there are many different kinds of non-wokes: Catholic integralists, Internet technologists, and American** nationalists. There are many different ways to not be a member of the D ...

Economic Impact - America has significantly benefited from international market access, exemplified by the global presence of American brands like McDonald's and Hollywood movies [1] - The American Empire's common market has encompassed the entire world for the last 30 years, contributing to its prosperity [2] Geopolitical Strategy - America's expansion occurred through Manifest Destiny, acquisitions like the Philippines and Puerto Rico, and extending its influence globally after 1945 and 1991 [1] Globalism Concerns - There are concerns that "International Capitalism" is akin to Globalism, which some believe has negatively impacted the West, particularly the US [2]

I understand this argument, but the counterargument is simply scale.Empirically, multi-ethnic ideological empires like Rome, the British Empire, Napoleon’s France, the Soviet Union, and the US defeated smaller monoethnic nation states.They defeated them militarily, culturally, economically, and ideologically. And then integrated them. Thereby setting the laws, including the laws of the marketplace.Of course, in each case, rapid imperial expansion may well have laid the seeds of future collapse. But the smal ...

When you go *too* far to the nationalist right, you limit your coalition to only those who are both right-of-center and citizens of your country.But only China has the scale to really do everything in one country. Everyone else needs allies.Eco Tradeoff (@EcoTradeoff):@balajis "doesn’t get the idea of diplomacy, of building coalitions, of sometimes just not having the votes ...total independence from needing to work with others. They don’t understand political capital."How, in the world, is that more of a c ...