The cost of anything digital that is not scarce goes to zero in fees.
Today Sui announced that moving money is now a zero cost operation via stablecoins. sui:native
It's a big deal for zero cost....
It’s this simple
@ethereum is BNY Mellon / account based / secure settlement
@solana is the NYSE / time based / capital formation and exchange
@SuiNetwork is the internet / object based / user friendly, dynamic, efficient
There is a rising probability that we have a super cycle based on:
Increasing interest payments that need monetizing via the bank of system
The reliance on short term bill issuance reducing cyclically of debt rollover.
The largest capex boom in history based on the most important tech ever.
An potential explosion in bank credit to finance the capex
A global race between China and the US that can't be stopped.
The only thing that stops this is if services inflation disinflation (via productivity) doesn't offset goods inflation. It did in the 90's but that is the key variable now.
According to the Universal Code, almost all available capital will flow into increasing output of intelligence per unit of energy (and the lowering of electricity costs) at the transition phase when we enter the Economic Singularity ie when intelligence exponentially increases faster than current economic and political systems operate.
Not a certainty but a rising probability
If @RaoulGMI is correct, and we are heading towards $100T market cap for digital assets, “crypto” still has yet to reach the growth phase of its S-Curve…the GENIUS and CLARITY acts are basically marking the completion of the initiation phase