Axe

[Axe @only21ever]

Sneak preview from Christopher Nolan’s “Odyssey”

[fan @7tingxxs]

Wolverine's final battle against the Silver Samurai a solid final battle, enjoy .

[Axe @only21ever]

Victory.
No nuclear holocaust (for now).

That's apparently what passes for a win these days.

Let's take stock of what "winning" looks like.

The Strait of Hormuz, the 21-mile chokepoint through which 20% of all global oil and gas normally flows, now has a toll booth.

Operated by the Iranian Revolutionary Guard.

Ships submit their paperwork.

Get a friendliness rating.

Receive a secret passcode.

Chinese vessels? Step right through.

US and allied ships? Pay up. In yuan. Or take your chances with the drones.

At $1 per barrel on a fully loaded tanker, that's $2 million. Per boat (!) Not in dollars. In yuan.

This is what analysts are now calling "America's Suez Moment." For those unfamiliar, the original was 1956.
Britain and France invaded Egypt after Nasser nationalized the Suez Canal. The US forced them to withdraw. And just like that, the world learned Britain was no called the shots.

It wasn't the bombs that ended British hegemony.
It was the loss of control over the plumbing.

History rhymes.

For 50 years, the petrodollar was the deal that held the world together: Gulf states price oil in dollars, America guarantees their security.

That deal is in tatters.

Iran's IRGC now decides who sails and who doesn't. Foreign central banks sold $82 billion in US Treasuries in the first five weeks of this conflict. Ray Dalio is calling this a "permanent shift." Deutsche Bank is calling it the dawn of the "Petroyuan era."

Washington is calling it victory.

[Axe @only21ever]

Victory.
No nuclear holocaust (for now).

That's apparently what passes for a win these days.

Let's take stock of what "winning" looks like.

The Strait of Hormuz, the 21-mile chokepoint through which 20% of all global oil and gas normally flows, now has a toll booth.

Operated by the Iranian Revolutionary Guard.

Ships submit their paperwork.

Get a friendliness rating.

Receive a secret passcode.

Chinese vessels? Step right through.

US and allied ships? Pay up. In yuan. Or take your chances with the drones.

At $1 per barrel on a fully loaded tanker, that's $2 million. Per boat (!) Not in dollars. In yuan.

This is what analysts are now calling "America's Suez Moment." For those unfamiliar, the original was 1956.
Britain and France invaded Egypt after Nasser nationalized the Suez Canal. The US forced them to withdraw. And just like that, the world learned Britain was no called the shots.

It wasn't the bombs that ended British hegemony.
It was the loss of control over the plumbing.

History rhymes.

For 50 years, the petrodollar was the deal that held the world together: Gulf states price oil in dollars, America guarantees their security.

That deal is in tatters.

Iran's IRGC now decides who sails and who doesn't. Foreign central banks sold $82 billion in US Treasuries in the first five weeks of this conflict. Ray Dalio is calling this a "permanent shift." Deutsche Bank is calling it the dawn of the "Petroyuan era."

Washington is calling it victory.

[Axe @only21ever]

@LizAnnSonders If it can’t be globally traded anymore how can it be globally priced?

[Axe @only21ever]

@Matt_Pinner

[Axe @only21ever]

@PeterSchiff Max Keiser right now

[Axe @only21ever]

@benjamincowen $58k gang is back baby!

[Axe @only21ever]

@MeghannGerfen @jk_rowling @EmmaWatson Nah she’s just got resting villain face

[Axe @only21ever]

@robin_j_brooks lol

[Axe @only21ever]

@AP4Liberty Jon Stewart

[Colours of The world @ColoursOfWorld1]

Thread of the Most Surreal Beaches in the World🧵

1. Black sand beach in Iceland 🇮🇸

[Axe @only21ever]

@BitcoinNewsCom Loooooooooool

[Collin Rugg @CollinRugg]

NEW: Wild fight breaks out on a Carnival cruise ship to Central America at 3am after "a bunch of drunk girls from Tampa" had a disagreement.

This narrator did a tremendous job.

43-year-old passenger Nick Richardson said he was going to get some pizza when he walked into a war zone.

"Those girls were already set on what they were gonna do. It just got out of hand very, very quickly. And that’s how it happens. You’re just drinking too much," Richardson said.

Carnival released a statement about the incident, saying the guests involved were fined and are banned from sailing again.

"As is our policy, we will not tolerate such behavior and the guests involved were fined and will not sail on Carnival Cruise Line again," they said.

[Axe @only21ever]

@KcKell @willreeves No, it just means Satoshi thought the euro most likely to collapse against bitcoin

[Axe @only21ever]

@bitcoinarchive @BBCNews The got confused about “mining pools” 🤦‍♂️

[Axe @only21ever]

#Bitcoin

[Axe @only21ever]

They say hashrate leads price...
Why bitcoin's computing power isn't what you think...

#banking #money #business #tech

[Axe @only21ever]

If you've gotten any value out of my global macro posts, then please consider joining the Bitcoin Macro newsletter at: https://t.co/HBwBX5VScM #bitcoin

[Axe @only21ever]

Once the news leaks, the price gaps up to match the real demand. That's why hashrate could again lead price. What you're looking at below isn't some nerdy chart mapping out the network's computing power. It's the adoption curve.