Fixed
Meta took 14 years. Google took 16. Anthropic took 5.
The biggest gains in history are happening in private markets...View quoted post on X
Bursein
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Board Certified Dermatologist, Alumni Michigan State University 馃嚭馃嚥 | Money talks, wealth whispers
320 Following 102 Followers 511 Posts
Latest posts 5
Very true
Full page ad in WSJ against tokenized equities:View quoted post on X
Lol
JUST IN: Qatar signs a historic deal to import 4 million tons of American LNG annually through 2054.View quoted post on X
Goodbye to gold
Last month, we demonstrated high-rate alchemy: turning mercury into real, stable gold, beating CERN鈥檚 record by a factor of 10.
Last week, we enriched isotopes in the world鈥檚 most powerful plasma centrifuge, beating the Soviet record that stood for 40 years.
Now, we鈥檙e building a fusion reactor in San Francisco to achieve record power density.View quoted post on X
The US GENIUS Act could accelerate the global adoption of USD stablecoins like USDT and USDC, making it easier for people in emerging and frontier markets to hold dollars without opening foreign bank accounts.
- As more people shift their savings from local currencies into USD stablecoins, demand for dollars could increase, weakening domestic currencies and pushing exchange rates higher (BIS, IMF).
- Currency depreciation makes imports more expensive, particularly fuel, machinery, medicines and raw materials, driving up inflation.
- Governments already running large fiscal deficits may resort to monetary expansion (M2 growth) to finance spending, potentially worsening inflation and putting further pressure on their currencies.
- Property, gold and other assets may rise in local-currency terms, but these gains don't necessarily translate into higher real wealth or better returns in USD.
- Businesses face rising costs for imported inventory, equipment and raw materials. They must either raise prices, accept lower profit margins or cut investment.
- Meanwhile, wider adoption of USD stablecoins could increase global demand for US Treasury bills (T-bills), helping the US finance its debt while strengthening the dollar's international position.
- Emerging and frontier markets could become cheaper in USD terms as their currencies depreciate, while living costs in the US continue to rise. However, people earning in local currencies could see their purchasing power decline.
- As more people shift their savings from local currencies into USD stablecoins, demand for dollars could increase, weakening domestic currencies and pushing exchange rates higher (BIS, IMF).
- Currency depreciation makes imports more expensive, particularly fuel, machinery, medicines and raw materials, driving up inflation.
- Governments already running large fiscal deficits may resort to monetary expansion (M2 growth) to finance spending, potentially worsening inflation and putting further pressure on their currencies.
- Property, gold and other assets may rise in local-currency terms, but these gains don't necessarily translate into higher real wealth or better returns in USD.
- Businesses face rising costs for imported inventory, equipment and raw materials. They must either raise prices, accept lower profit margins or cut investment.
- Meanwhile, wider adoption of USD stablecoins could increase global demand for US Treasury bills (T-bills), helping the US finance its debt while strengthening the dollar's international position.
- Emerging and frontier markets could become cheaper in USD terms as their currencies depreciate, while living costs in the US continue to rise. However, people earning in local currencies could see their purchasing power decline.
The GENIUS Act marks a watershed moment in American finance, further cementing the United States as the crypto capital of the world. Just as President Abraham Lincoln鈥檚 National Currency Act of 1863 established a national framework for bank-issued currency, the GENIUS Act establishes a federal framework for payment stablecoins in the digital age.View quoted post on X
The @USOCC's final rule carries that landmark legislation forward, providing a clear, practical foundation for private-sector innovation, competition, and American leadership in digital assets.
