Read_711 - The Future Geopolitical Order and Bitcoin, Part 2 [Matthew Pines]

Bitcoin Audible

"One immediate lesson many drew from this event was a reconsideration of the risk of fiat liabilities in an environment where trust is lacking (including the trust not to violate territorial integrity and Westphalian sovereignty). This event reinforced the nature of fiat money as a system of centrally maintained ledger entries denominating a unit of account corresponding to a sovereign authority's sphere of power. As such, the use of such a liability as a medium of exchange (or store of value) is contingent on the political assent of that sovereign authority." – Matthew Pines Today we finish Matthew Pines excellent piece breaking down the domains of geopolitical and monetary contest across the major political forces in the world. In Part 2 we lay out the potential outcomes and shifts likely to take place, where the greatest opportunities and risk may lie for certain blocs of state actors, and how Bitcoin is likely to fit into this new, global, monetary disorder. This is a great one for a foundation on the movements of the geopolitical world. Mentioned in the guy's take was my recent show with John Vallis on the banking crisis: https://open.spotify.com/episode/2sdikMa9kJ0d8yJF4cCxA4?si=c35f279d350d4baa Matthew's Nostr Pubkey: npub128tlrdek6x2clft0zylg9gnes736ef8sumfr0750cd5uc9sgchqqkffadp Guy's Nostr Pubkey: npub1h8nk2346qezka5cpm8jjh3yl5j88pf4ly2ptu7s6uu55wcfqy0wq36rpev Don't forget to check out our amazing sponsors: • Gets sats back every time you dump fiat at a store, to pay your bills, everything in your fiat life pays you sats with the Fold Debit Card and FoldApp. 20,000 FREE SATS! at (https://bitcoinaudible.com/fold) • The Swan IRA is live! Follow the link to find out how to get your tax free retirement funds, securely allocated to Bitcoin! The best place to onboard a true Bitcoiner - Stack sats automatically, withdraw automatically, and learn or get help from the best team of Bitcoiners out there with Swan Bitcoin. (https://swanbitcoin.com/guy) • Dive into the Bitcoin only wallet, the cypherpunk calculator, with the NEW Coldcard Q1! A company that has built secure Bitcoin products for nearly a decade. Code BITCOINAUDIBLE gets 9% off the ColdCard! (https://bitcoinaudible.com/coldcard) ------------------------------- "If you don't know, the thing to do is not to get scared, but to learn." — Ayn Rand Learn more about your ad choices. Visit megaphone.fm/adchoices --- Send in a voice message: https://podcasters.spotify.com/pod/show/bitcoinaudible/message