Writing in the Financial Times (paywall), the Bank of England says stablecoins & CBDCs will make payments efficient and global. Innovate, tokenisation, efficiency, global: lame reasoning obfuscated by jargon. The real reasons (not mentioned): - stablecoins can hugely increase sovereign debt markets -CBDCs can greatly increase surveillance & control

Everything, including stocks snd commodities, has appreciated today, mostly more than bonds. Regime propagandists need to be more subtle.

Much wisdom here. The realistic prospect of not being obstructed or persecuted is the big win. View quoted note →

What’s missed is that the opening ceremony - and the Olympics itself - is propaganda for the nation state. It’s the water we swim in, the unchallenged status quo, the way it is.

The Trump dump

Concise summary. View quoted note →

Top 6-10 stories in ALL of the UK’s “quality” press are about a US election months away. Unthinkable even a few years ago (except for The Guardian). Truly the 51st state.

If only there were a far more robust global payments system which fixes this.

.@The Bitcoin Conference looks more political rally than Bitcoin conference. It’s jam-packed with senators, presidents, candidates and what not.

Truly inspiring film. Shows the power of building on Bitcoin with the same decentralised, open-to-all ethos. Recommended. View quoted note →

“It is important to distinguish between Milei’s supportive stance towards bitcoin and his actual economic policies..” Good article. View quoted note →

The flippening. BTC > GBP

X (formerly Twitter)

Bitcoms (@bitcoms) on X

BTC > £

Just been in the baker’s for a loaf. £4. I remember a woman in there not five years ago who couldn’t believe the price. “£2? For a LOAF?” she said. 14% annual inflation doubles the price in 5 years. This is theft, pure and simple. But it isn’t the baker doing the stealing.

Big moves in hard assets this month: Gold ⬆️ 10% Bitcoin ⬆️ 14% What does this tell us about the world?

Stating the obvious makes headlines in fiat land.

Read to the end. You might feel as ashamed as I do. View quoted note →

Thank you @FREE Madeira It’s been a blast

Pocket-picking falls to two-year low, survey by pickpockets finds.

WHO germ scientists: “Give us total power over all countries to save humanity” IPCC climate scientists: “Hold my beer”

the Guardian

We need power to prescribe climate policy, IPCC scientists say

Exclusive: Five IPCC report authors say scientists should be allowed to make policy prescriptions and potentially oversee implementation

Why do you mind your transactions being monitored and vetted? Do you have something to hide? Why do you mind your posts being monitored and vetted? Do you have something to hide? Why do you mind your movements being monitored and vetted? Do you have something to hide? Why do you mind your body function being monitored and vetted? Do you have something to hide? Why do you mind your speech being monitored and vetted? Do you have something to hide? Why do you mind your thoughts being monitored and vetted? Do you have something to hide?