Heard @npub1th5g...mnel has the best meetups... they were right!!!
@BTC Sessions, it was incredible hearing about your Bitcoin journey over the years. It was great meeting you! 🤝












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The demand for dollar fueled by Monetary Premium, incentivices foreign nations to export to the U.S. while the opposite happens at home, wages and costs are not competitive abroad. This prolonged deficit, erodes #US's infrastructure and increases reliance on foreign financing.
Since 1944 US's global share of #GDP has decreased from over 40% to under 20% on real terms. And after the financial crisis of 2008, nations have been diversifying their reserves away from USD. Furthering the US vulnerability as the world's economic power.
It is unlikely that any other fiat currency will emerge as the new world reserve currency. Instead, the world is shifting towards a reserve currency that is not issued by any government and that relies in true scarcity: #Bitcoin.