Bitcoin & Crypto Market Trends - Bitcoin保持在118,000美元的水平，Trump媒体购买了价值20亿美元的比特币，成为第五大比特币公司金库[1] - 美国证券交易委员会主席Paul Atkins表示，鼓励上市公司采用比特币和加密货币作为储备资产[1] - Tether CEO出席白宫活动，稳定币被认为是增加美元全球主导地位、推动美元在全球的采用、成为传统金融系统的重要组成部分以及更便宜和更快速的未来[1] - Tether拥有约4亿链上用户，且以每季度3000万用户的速度增长，但仅占全球人口的约1/16，而美元占全球贸易交易的近50%，稳定币的使用有巨大的增长空间[10] Regulatory Landscape - 美国通过了Genius Act，为支付稳定币创建了首个联邦监管框架[1] - Clarity Act 帮助确定数字资产是证券还是商品，解决美国证券交易委员会或商品期货交易委员会之间长期存在的管辖权混乱[1] - 反中央银行数字货币法案禁止美联储发行中央银行数字货币，解决对隐私和政府过度干预的担忧[1] Stablecoins & US Dollar - 稳定币将成为市场的重要组成部分，降低摩擦，增加速度，最终将更多资本投入比特币[10] - 各国都在寻求摆脱美元，但人们实际上想要美元，稳定币将继续在国际贸易中变得越来越受欢迎[10] Retail vs Institutional Investors - 散户投资者在4月份股市下跌时买入，并在市场反弹时获得回报，而机构投资者则持观望态度[12] - 散户投资者在特斯拉、Palantir、GameStop、Open Door和比特币等投资上是正确的[13] - 机构正在关注散户，因为他们意识到散户有能力影响市场[25] Self-Directed Investors - 自主投资者通过互联网学习，直接进入市场，不依赖金融顾问或股票经纪人[11] - 自主投资者可以承担更多风险，因为他们不是在管理别人的钱，他们关心的是绝对回报[13] Open Door Case Study - Eric Jackson认为Open Door的股票被低估，并预测其股价可能达到82美元，这引起了散户投资者的关注[16][17] - Open Door的股票交易量创下纪录，并多次因波动性过大而暂停交易[19] - Open Door可能会利用投资者对股票的兴趣来筹集资金，以加强其资产负债表[20][21] Athletes as Investors - 运动员有责任利用自己的财富创造世代财富，而不是浪费掉[47] - 运动员通常具有竞争性，并且喜欢通过学习和分析来找到表现优于其他资产的投资[50] - 联盟正在努力教育运动员有关财务管理和投资的知识[54]

The US dollar now lives on the blockchain. https://t.co/7raKysmBIfNick Tomaino (@NTmoney):The US dollar now lives on Ethereum.Not on a bank website.Not on Bitcoin.On Ethereum. ...

Emerging-market borrowers are tapping the euro bond market at the fastest pace in over a decade, capitalizing on the rising demand for diversification away from the US dollar https://t.co/TlYNkb1eTj ...

Joining us now is Dave Ripley. He's the co-CEO of Kraken. Dave, what's the significance of this day for you.Welcome. Yeah. Well, thanks for having me.So, uh, you know, this is a historic day, long time coming. It's been a long journey. Uh, you know, I first started, uh, coming out to DC many years ago, talking about the regulatory environment, talking about a day like today where we would actually have some clarity. Uh, and it's frankly a testament to individuals like Senator Hagerty who I first met many ye ...

Economic Concerns & US Dollar - The US national debt has increased significantly, from $10 trillion to $37 trillion, with projections of an additional $20 trillion over the next decade [3][4] - The US dollar is experiencing a decline, down 20% in the last six months, raising concerns about its status as the global reserve currency [6] - The decline of the US dollar poses a risk to the US's global dominance and could lead to a decrease in the value of money [5][15] Trade & Tariff Policy - Potential blanket unilateral tariff rate of 10% to 15% is being considered [1] - Uncertainty surrounding tariff policies is causing hesitation in international budgeting and investment decisions for multinational corporations [23][24] - Tariffs are contributing to the return of inflation, complicating the Federal Reserve's ability to cut interest rates [26] Political & Economic Impact - Political extremism and reckless behavior are contributing to the growing debt and potential fiscal crisis [12] - Irresponsible tax and spending policies under both Democratic and Republican leadership have diminished the US's standing and currency [15] - The uncertainty surrounding tariff policies is a bigger issue than the tax numbers themselves [27]

Circle President Heath Tarbert joined @MorningsMaria to discuss the bipartisan GENIUS Act’s importance for American innovation and competitiveness - and future-proofing the US dollar.https://t.co/Z47wUZS6dS ...

Defensive Sectors & Investment Strategy - Defensive sectors are gaining attention as the back half of the year approaches [1] - Healthcare sector ETFs have experienced significant outflows, with healthcare's performance versus the S&P 500 in its bottom decile over the last 50 years [3] - Investors should consider going global and employing long/short strategies, as most investors are long-only and focused on US assets [6] - Opportunities exist in exchange rate markets, which few investors include in their portfolios [7] - Global macro managers are building long bond positions as yields have risen [8] Market Dynamics & Fund Flows - Crypto is a leading category with investors latching onto the movement, with Bitcoin prices hitting $123,000+ [13] - Investors are allocating money to cash, attracted by the 425% (4 and a quarter) returns in money market funds [14] - Small caps are experiencing outflows despite a rally, potentially presenting a contrarian play [15] Portfolio Adjustments & ETF Management - ETF managers are adjusting positioning based on how they're seeing managers shift their positions on a daily basis [10] - In times of rapid policy and market changes, managers may shift positions from long to short over weeks [11] - ETFs can bring in strategies that navigate policy changes for investors [12] Investment Opportunities - Building portfolios that can perform well in a falling growth environment, including long bonds, long gold, and short the US dollar, is a non-consensus view favored by some hedge funds [16] - Bitcoin momentum presents a significant opportunity [17]

Bretton Woods System Overview - The Bretton Woods system aimed to establish a stable international monetary system to foster global trade and economic stability after World War II [6] - The system placed the US at the center of the economic universe, with the US dollar pegged to gold at $35 per troy ounce, and other countries pegged their currencies to the dollar [21][22] - The International Monetary Fund (IMF) and the World Bank were created to oversee the system, promote economic development, and ensure adherence to the fixed parity system [25] Systemic Flaws and Challenges - The system's reliance on a national currency (the US dollar) as the primary source of international liquidity contained an inherent contradiction, known as the Triffin dilemma [32] - The US's persistent balance of payments deficits led to a flood of dollars, eroding confidence in the dollar's convertibility into gold [36] - The US did not actively manage its exchange rate, placing the burden of adjustment on other countries and creating an "exorbitant privilege" for the US [28][31] Demise of Bretton Woods - Countries began swapping dollars for gold, leading to a depletion of US gold reserves [41][42] - On August 15, 1971, President Nixon ended the convertibility of dollars into gold, effectively ending the Bretton Woods system [44] - The end of Bretton Woods led to a system of free-floating exchange rates and a terminal decline in the value of many currencies [47] Legacy and Implications - Bretton Woods institutionalized the dollar's global role as the dominant reserve currency [21] - The system's flaws led to the erosion of the US domestic manufacturing base and a growing net international investment position deficit [39] - The end of Bretton Woods marked the birth of fiat currency, backed by nothing but the issuer's monopoly on violence [46]

Let's talk about the dollar for a second. Since April 2nd, basically since the start of the second quarter, we've seen the dollar fall about 6% historically. How big of a move is that.And do you see that as a potential warning sign for equity investors. Yeah, clearly the the decline in the dollar here reflects this loss of confidence in US trade uh security and and perhaps even fiscal policy because you also see a bit of a divergence between the dollar index and rate differential. I think that reflects this ...

RT Paul Warren (✖,✖) (@4ormund)how i read this as an internet pony- US dollar on top, @stable_summit on top- unauthorized secondaries on private stock are in (let's see if it sticks)- @sandeepnailwal back in the ring- NFTs on somewhere else (@monad_xyz , @AbstractChain )- crypto has caved to / is meeting tradfi in the middle- i was sidelined from incredible views (probably too hot) ...