NATO's Delian League parallels on the rise as Xi explicitly mentions the Thucydides trap.
But... who is China in this analogy?
Athens, Sparta or Persia?
Imagine living in a community where everyone accepts bitcoin, privacy is respected, media is decentralised and your interactions with the state and its client corporations is minimised to the point of irrelevance.
You earn and spend bitcoin. You trade locally with producers that you know. You live free. You focus on your craft and stack sats. You exchange value for value P2P. No forced intermediaries extracting unearned value. No monopoly enforcing abusive terms of service. No petty tyrants that demand that you obtain their permission to live. No mass surveillance apparatus tracking your every move.
It is possible. You just need to find the right people to share that life with.
You will find those people on Nostr.
It's not about replacing social media. It's not about making a better Twitter or Instagram. It's about finding the people who care about privacy, property, free speech and free trade. It's about finding people who want to be free.
US CPI heading to 5% by the time effect of $100+ oil for 3+ months filters through to the economy.
The consequences are not hard to guess. On rates, on bond yields on stocks...
Timing? That's always the hardest to estimate.