Labor Market Analysis - Central bankers are potentially ready to act on weaknesses in the US labor market [1] - Industry should be cautious of repeating past errors [1]

🚨 LATEST: In a podcast with Nikhil Kamath, Ray Dalio says "Bitcoin is unlikely to be significantly held by central banks and many others" because of key concerns.He cites transaction transparency and the risk that Bitcoin could be cracked. https://t.co/EdoqkEuFPV ...

An influential global coalition of central banks and financial supervisors plans to publish a new set of climate scenarios next year, as it works to move past a controversy over a key input in an earlier model https://t.co/vT1gShNmSe ...

Global Economy & Central Banks - US and European futures are gaining ahead of central bank decisions [1][49] - The market expects the Bank of England to cut interest rates by 25 basis points [3][96] - The Bank of Japan is expected to move rates higher to 075% [26][96] - The US 10-year Treasury yield is at 417%, and the Euro-dollar is at 117% [4][50] - The market is pricing in slightly over two rate cuts by 2026 [92] Geopolitics & Security - Australia is considering tougher gun laws after a terrorist attack that killed 16 people [1][5][48][65] - Ukraine may drop its bid for NATO membership in return for Western security guarantees [1][48] - The EU is considering seizing or monetizing Russian assets to fund Ukraine [18] Market & Industry Trends - Asian stocks are under pressure, tracking losses from the US session, with concerns around AI investment [20][21] - China's retail sales are up 13% year-over-year, below estimates, indicating economic weakness [22] - China has built seven large petrochemical hubs, raising fears of oversupply and pressure on other nations [40] - European defense sector is interesting due to potential pullback on Russia-Ukraine discussions, but NATO demands higher defense spending [63][64] Artificial Intelligence - PolyAI raised $86 million in Series D funding for its conversational AI voice agents [70] - PolyAI's voice AI agents can handle tasks equivalent to over 1000 full-time employees for individual customers [73] - PolyAI claims to deliver approximately $10 million of value per client, totaling almost $15 billion for 250 customers [75][76] - PolyAI's annual recurring revenue was just over $20 million last year, with a goal to double this year [83]

🚨UPDATE: THE IMF WARNS THAT FAST GROWING STABLECOINS COULD WEAKEN NATIONAL CURRENCIES AND LIMIT CENTRAL BANKS GRIP ON CAPITAL FLOWS ...

Stablecoins have the potential to broaden individuals’ access to financial services, but that may come at the cost of central banks, per IMF. https://t.co/BctN8kwJEX ...

Inflation and Monetary Policy - The current affordability crisis in America is largely driven by inflation, resulting from a constantly expanding money supply in a debt-based economy, which erodes purchasing power [1] - Regardless of the political party in power, the quality of life for the average person continues to deteriorate due to increasing debt and the necessity to print more money [1] - The US government's continued money printing and weaponization of the dollar are prompting other countries to seek alternatives like gold, with Bitcoin potentially becoming a future alternative [15][16] - The traditional Consumer Price Index (CPI) may not accurately reflect the true cost of living increases, as essential expenses like healthcare, housing, and groceries have risen significantly more than the reported 2% average annual inflation rate; monetary inflation, averaging around 7-8% annually, provides a more accurate picture [21] Bitcoin as a Solution - Bitcoin is presented as an accessible asset that can protect individuals from currency debasement and inflation, offering an asymmetric opportunity for ordinary families to front-run Wall Street [1][5] - Bitcoin empowers both store of value and medium of exchange functionalities, with the base layer serving as digital gold and secondary layers like the Lightning Network enabling faster payments [17] - Bitcoin's open, permissionless network allows anyone to use it, making institutional adoption inevitable and providing opportunities for average individuals [4] - Bitcoin is a politically neutral technology that empowers individuals to be their own bank and save in a system resistant to manipulation [19] Adoption and Market Dynamics - While gold has outperformed Bitcoin in the short term, Bitcoin is expected to outperform in the long run, having already outperformed most other assets over the past 5-10 years [1] - Nation states are increasingly buying gold as a debasement trade and to move away from the US dollar, but Bitcoin adoption by central banks is expected to be a slow process [9][11] - Stablecoins serve as a great on-ramp to crypto, but Bitcoin is the preferred asset for saving due to the depreciating nature of fiat currencies [17] - The increasing instances of debanking in the US highlight the benefits of Bitcoin as a tool for financial freedom, allowing individuals to transact without permission from intermediaries [18]

RT Nick Szabo (@NickSzabo4)The central banks will as a result be left with inferior bags. (Though not nearly as inferior as government debt). Once they need to actually start moving the gold around they will discover the inferiority. And gold's relatively greater dilution will also be irksome in an industry where even a single basis point is usually important. ...

💡 Key Takeaways:🔹 Central banks shift to direct digital asset testing🔹 Tax frameworks align crypto with traditional finance🔹 Stablecoin oversight tightens through banking rules🔹 Emerging and developed markets move in parallel7/7 ...

China added an estimated 15 tons of gold to its forex reserves in September as central banks accelerated their purchases of bullion after a seasonal summer lull, according to Goldman https://t.co/lPLsvBbeuX ...