"With the 2008 financial crisis, trust had been lost in a world that ran on trust.
Bitcoin was launched in a time of absolute necessity, Satoshi planted the seed at precisely the right moment."
Read more here about Satoshi's planting of Bitcoin👇
https://t.co/fsBxl2c3AX
A bunch of political influencers who never talk about bitcoin just started spreading Bitcoin Epstein FUD, and promoting Roger Ver and “Bitcoin Cash” propaganda.
It’s just so painfully obvious what’s happening…
It’s the exact same thing that happened with the coordinated Zcash push…
Insiders with heavy bags are looking for low IQ bag-buyers to dump on, so they pay influencers to astroturf support.
Don’t be fooled.
⚡️ BREAKING: First ever $1,000,000 transaction settled over the Ligthning Network 😲
@Voltage powered the transfer between @SD_Markets
and @krakenfx in .47 seconds.
THE SENATE HAS LEFT THE BUILDING.
Without passing a shutdown deal.
Sen. Lindsey Graham is one big issue - putting a hold on the vote.
The senate will return tomorrow at 11a ET.
Agencies start the weekend shutdown at 12:01a Saturday.
The banks are PISSING THEMSELVES.
They’ve just realized that some autistic crypto startup in a WeWork with $20 million in T‑Bills and a React front-end is about to nuke the entire $17 trillion U.S. deposit base…
…by offering 4.9% yield on a stablecoin while JPMorgan gives you 0.01% and a debit card that expires in two years.
“BUT THAT’S NOT FAIR” – every bank lobbyist ever
Now the banking system, this Godzilla made of soy, duct tape, and 11,000 physical branches, is whining to Congress like:
“This isn’t fair! If people can earn yield on dollars outside the bank… they might leave the bank!”
No shit. That’s the point. You locked everyone into a zero‑yield Ponzi for a decade while printing $7 trillion, and now you’re shocked people want out?
What’s next, are you gonna sue water for being wet?
This is a regulatory street fight between code and bureaucracy, between global liquidity that settles in five seconds and the rotting husk of Bretton Woods wearing a suit made of FDIC pamphlets.
And guess what?
The White House is hosting peace talks.
Yes.
Trump’s team just invited Circle and Coinbase to sit down with Jamie Dimon and tell him that the future of dollars may not involve Jamie Dimon.
Can you imagine the mood in that meeting?
“Hi Jamie, meet Brian from Circle. He tokenizes T-Bills with six engineers and a Discord server. He’s taking 3% of your deposits and none of your regulatory costs. Thoughts?”
The reality is that every time one of these banks says “we’re concerned about financial stability,” what they mean is:
“Please don’t let these crypto goblins disrupt our ability to harvest yield off the lower-middle class with 18% credit cards and 0% checking accounts.”
They want protection rackets codified into law.
Like “you can’t offer yield on stablecoins unless you’re a licensed bank,”
aka:
“We missed the boat, so let’s blow up the dock.”
Banks can’t compete.
Let’s model it:
A bank: 11,000 branches, 75,000 tellers, legacy core systems from 1982, and a CFO who thinks Solana is a fish.
Circle: 25 people, 100% T-Bill backing, 24/7 redemptions, yield streamed on-chain like Netflix.
Now let me make this brutally simple... Who wins?
The guys with marble lobbies or the protocol that turns dollars into yield-bearing bearer assets?
The banks are playing defense against stablecoin yield... but what happens when it clicks that stablecoins are just a transition vector to full monetary exit?
What happens when people use stablecoins to bootstrap into Bitcoin treasuries with self-custody?
You go from “5% yield off Circle’s T-Bill stack” to “30% CAGR in purchasing power in a bearer asset that can’t be diluted and lives outside the IMF death loop.”
That’s endgame stuff.
The banks are scared of USDC + USDT.
Wait until every mom in Omaha is yield farming STRC dividends from their Roth IRAs using a Lightning app.
We’re replacing the entire fiat architecture with a monetary black hole.
https://t.co/FgXOFs2ikL
🗓️ Exactly three weeks ago #Iran imposed a national internet blackout to obscure civilian killings. Whitelisting and heavy filtering are still in effect.
The incident is among the most severe of its kind on record, exceeded in duration only during civil war in Myanmar and Sudan.
Liquidity in Japan's government bond market is collapsing:
The JGB Liquidity Index jumped to 9.5 points on Tuesday, indicating the worst liquidity conditions on record.
This index has DOUBLED over the last 12 months.
Conditions in the $7.6 trillion bond market have deteriorated materially since 2022, as bond yields have experienced one of the most dramatic increases in history.
This comes as the Bank of Japan has significantly reduced its bond purchases, while Japanese life insurers have sold a record amount.
Meanwhile, foreign investors now reflect ~65% of monthly cash bond transactions, up from just 12% in 2009.
These investors have much shorter holding periods than traditional domestic buyers, increasing volatility.
Japan's bond market is on the edge of a full-blown liquidity crisis.
JUST IN: 🇫🇷 Coinbase CEO Brian Armstrong calls out French Central Bank Governor's misunderstanding of Bitcoin.
"Bitcoin is a decentralized protocol...Bitcoin is more independent."
Pierre Rochard submitted a formal comment letter to the Federal Reserve urging them to incorporate Bitcoin price paths into the 2026 supervisory stress test scenarios.
‼️Russia’s national pride “Max Messenger” has been breached
Known for spying on citizens, it was introduced last year by the government as an alternative to foreign apps like WhatsApp and Telegram.
15.4 million accounts with full names, usernames, and verified phone numbers have leaked.
Evidence includes data from State Duma deputy Brykin.
Fed "independence" is a myth, a story.
It is the moral cover which justifies its grotesque state-sanctioned near-monopoly power over the most important market in the world: money.
The Fed is never "independent" of the banking establishment. It is of, by, and for the banks. The Fed is the banking establishment's greatest accomplishment.
And because modern banking is an appendage of the state, so too is the Fed its most potent tentacle.
Nobody should really care about how much the Fed spent on its building renovations. What a distraction!
The Fed's crime is not an embellished construction project, but the systematic coercive distortion of money rates across the global economy for the past century.
1) 5 conditions are often needed for a revolution: fiscal crisis, divided elites, a diverse opposition, a convincing narrative of resistance, and a favorable international environment. Iran meets nearly all of them. My @TheAtlantic essay w/ @jgoldsto 🧵 https://t.co/Imc7x9avHf
3 In 1979, one US dollar was worth 70 Iranian rials; today, it’s worth 1.47 million rials, a depreciation of more than 99%. Iranian currency has become less a medium of exchange than a daily index of national despair.
David Friedberg: California’s “Billionaire Tax” is a Trojan Horse to Go After the Middle Class's Private Assets
@friedberg:
“The reason they're calling it a billionaire tax is to make it easier for people to vote for it, and sign up to this entirely new tax system that they're proposing to put on all Americans at some point, and for the first time ever degrading our private property rights.”
“Forget about how much wealth you have, forget about how rich you are, forget about the term billionaire, millionaire, whatever it is.”
“We're creating, or proposing the creation, of a new tax system that allows the government for the first time ever to come in and audit everything you own.”
“All the jewelry your grandma gave you, the value of all the couches in your house, the value of your car, the value of all your stocks and bonds, and the government can come in, and for the first time, look through the veil into your personal property.”
“And say, ‘Here's how much all this stuff is worth. I'm charging you a percentage of that. That's what I need to get paid.’ And it doesn't matter that it starts with billionaires. What matters is that we're giving the government the right to look into our private property and take a percentage of it every year.”
“The total net worth of billionaires in the US is $8 trillion.”
“The net worth of the US, the middle class, and everyone else is $170 trillion, compared to $8 trillion of the billionaires.”
@chamath:
“They need a way to open the door so that they can go after the real honey pot.”
“The real honeypot is not 200 people.”
@friedberg:
“Just so everyone understands the real goal of this is not to tax billionaires, because there are other ways to tax billionaires.”
“Charge them a capital gains tax if they borrow against their assets that they haven't paid capital gains tax on. Very simple, that can resolve this.”
“Another thing you can do, you can raise the capital gains tax rate. Sounds unpopular. I don't agree with that, but that's another way to deal with this, which is to take the capital gains tax rate from 20% to 30%. You could do that.”
“The real goal of this is to create, for the first time in American history, a private property asset seizure tax. Because they're going after the $170 trillion, not the $8 trillion that the billionaires have.”
The income tax started in 1913 at only 1%, applied to roughly the top 1–3% of earners, with a top rate of 7%. The form had four pages, including one of instructions.
Fifteen years later, in 1928, the income tax had a 25% top rate, applied to a much broader population, and came with dozens of pages of schedules and instructions.
By the late 1940s, the top rate was ~91%, payroll withholding made it a mass tax, and the form had exploded into pages of schedules and instructions.
Protests in Iran entered a second week as authorities shut down internet and international phone access, with officials reporting at least 21 deaths and rights groups citing higher figures and thousands detained. The demonstrations intensified after calls by exiled crown prince Reza Pahlavi but remain largely leaderless, and the government has not acknowledged the full scale of unrest.
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