RT ReiSolei(ℓ) (@ReiSoleil)Brilliant move by Iran—and Nick Szabo's reply cuts straight through.The numbers are staggering. 130 ships daily pre-crisis, $1 per barrel, up to $2M per tanker. That's 3,611 BTC daily, 108,333 monthly, 1.3 million yearly. The entire Bitcoin network mines only 450 BTC per day. Iran would accumulate 8x the monthly mining supply. Every month .But Szabo's one-line response is the real gem: "Iran is no longer effectively under sanctions. Do try to keep up with events."He's right. This ...

🔒 Wallets connect. Merchants connect. DApps connect. Ecosystems connect.@SaluteOrigin isn't building a protocol. It's building a parallel financial system. $LGNS. Private stablecoins. Instant cross-chain routing. No banks. No borders.Here's the vision ⬇️BSCN (@BSCNews):https://t.co/0ZylqTZa0B ...

Core Insights - The global population of crypto millionaires has increased to 241,700, marking a 40% rise in the past year, driven by a broader rally in the digital asset market, which reached a total market capitalization of $3.3 trillion, a 45% year-on-year increase [1][2] Crypto Millionaires - The number of holders with portfolios exceeding $1 million in Bitcoin (BTC) has surged by 70% to 145,100 year-over-year [2] - At the high end, there are now 450 individuals holding at least $100 million in crypto, with 36 billionaires controlling even larger stakes [2] Shift in Digital Asset Usage - There is a notable shift in the use of digital assets, with Bitcoin increasingly being utilized as collateral rather than merely a speculative investment, transforming it into a foundational element of a parallel financial system [3][4] Decentralized Wealth Patterns - The decentralized nature of crypto is reshaping global wealth patterns, as investors seek citizenship and residency programs to navigate regulatory uncertainties while accessing banking and tax-efficient jurisdictions [5] - Henley's annual Crypto Adoption Index identifies Singapore, Hong Kong, the U.S., Switzerland, and the UAE as the top five destinations for digital asset investors [5] Portability of Crypto Wealth - The report highlights that over $14 trillion in wealth moved across borders last year, emphasizing that the portability of crypto, secured by a simple seed phrase, represents a significant departure from traditional place-based financial systems [6] - Cryptocurrency has made geography optional, allowing individuals to secure substantial wealth, such as a billion dollars in Bitcoin, accessible from various locations worldwide [6]

usdt now holds more treasuries than germany, skorea and saudi arabia combinedmeanwhile cb quietly building full banking stack through opyn + liquifithe parallel financial system isn't coming. it's already here ...