Papi B

Never ending search for knowledge

[Papi B @PapiB59]

@dotkrueger Spencer Pratt for Mayor and any Republican for Gov or nothing changes for the better in CA.

[Papi B @PapiB59]

@dotkrueger I recommend you listen to their take on things:

[Promethean Action @PrometheanActn]

Trump's New Bretton Woods is here:
— Shelton attacks Fed Keynesianism on MSNBC
— Warsh sworn in for "regime change"
— $210B Pentagon investment bank
— Quad critical minerals framework
— Core Five alignment vs. London
The 1944 fight Keynes lost is back.

[Papi B @PapiB59]

@AustinTradesNQ Fantastic, Congratulations to both of you! ❤️

[Papi B @PapiB59]

@NoJob1263 @JfkPascalNajadX https://t.co/rEbwa6j9tO

[Papi B @PapiB59]

@dotkrueger @wu94010 Fred?

[10Δ @_10delta_]

Clarity Act is now poised to accelerate the “Bretton Woods 3.0” framework that I’ve talked about.

The yield “ban” is cosmetic & simply something for banks to tout as a victory.

It bans stablecoins from paying you interest for just holding them: the way a savings account does.

But it explicitly allows stablecoins to pay you rewards for using them: buying things, lending, providing liquidity, participating in any program..

Now consider that those rewards can be calculated based on how much you hold & for how long.

I think that’s what we just call interest, but it will now be rebranded under a new name.

So, the implications:

- The fact that there is now a carve-out for stablecoin yield will accelerate the Bretton Woods 3.0 system.

If the ban had been real (no yield in any form) there’s no reason for anyone to hold stablecoins over a bank account. Stablecoin adoption would flatline (especially in Developed Markets) & Bessent’s $3.7T target would be hard to achieve.

This carve out keeps the incentive to hold stablecoins, which keeps the growth flywheel spinning.

- CBDCs can’t compete. No central bank would design its digital currency to pay activity based rewards calculated by balance & duration (too close to monetary policy). However, dollar stablecoins can. So in every market where a CBDC competes against a $ stablecoin, the dollar product is economically superior. The Clarity Act now guarantees that advantage persists.

- The dollar now goes global without permission. The new text allows platforms to pay incentives for payments, remittances, & settlement activity using stablecoins. That’s a subsidy for global dollar adoption funded by private companies (not taxpayers). Meanwhile, increasing Treasury demand in the background.

For example, a Filipino worker now gets a rebate for sending remittances in USDC. There’s an additional incentive for him to now transact in stablecoins, which, unbeknownst to him, purchases American debt behind the scenes. A win-win for global stablecoin users & the American economy (fiscal situation).

The compromise looks like a ban.

But it’s actually a growth mandate.

As I’ve stated, the US government needs stablecoins to scale because it needs someone to buy its debt.

Bretton Woods 3.0

[Nick @_rektnick]

The ticker is $REKT

The PFP is @rektguy

The drink is @rektdrinks

The energy is Rekt Energy

The Brand is @RektBrands

[Papi B @PapiB59]

@EricLDaugh How about they bring them back to you with an apology, I can dream😎

[Papi B @PapiB59]

@ShawnRyan762 Shawn you should have Tom Luongo as guest for a different perspective.

[Papi B @PapiB59]

@gedamtekle Digital

[Papi B @PapiB59]

@osf_rekt Great advice

[Papi B @PapiB59]

@ScottiePippen Satoshi? 😂

[Papi B @PapiB59]

@Bryan_Courchesn @Gemini Real long term experience like this cuts through the FUD. Consistent service and reliability is what actually builds trust in this space. Thanks for sharing.

[Papi B @PapiB59]

@JDT030820 @ptomer Clearly edited for effect

[Papi B @PapiB59]

@vincent_vancode

[Papi B @PapiB59]

@vincent_vancode

[Papi B @PapiB59]

@REKT @OSF @worldstar

[Papi B @PapiB59]

@elonmusk I find that I constantly have to ask Grok if a post is true and frequently many are not true. Is it possible to have a button that automatically checks the validity of a post?

[Papi B @PapiB59]

@1MarkMoss @dotkrueger Fact!

[Papi B @PapiB59]

@elonmuskTehh7 Hope

[Pi News @PiListingNews]

Yo @grok, in 17 hours pick someone random who commented on this post to win this full set gold Rolex Day-Date (~$24,500 value)

The rules: they must like this post and follow @nolimitgains to be qualified

If they retweet, double their chances.

Thank you!