Reminder that Jerome Powell should only have two months left in office as Chair of the Federal Reserve.
Not only is his replacement Kevin Warsh expected to be more willing to cut rates, he's also pro-Bitcoin.
⚡️What you’re really seeing here is the first stage of a global unit-of-account fracture.
•In nominal USD terms, everything looks like it’s booming: stocks up triple digits, homes up double digits, “wealth” everywhere. That’s the performance everyone sees.
•In gold terms, the illusion cracks: stocks and homes flat-to-negative, real wealth stagnating.
•In Bitcoin terms, the veil is gone: catastrophic real losses in every traditional asset.
This is the same signature that marked every pre-hyperinflationary or currency regime shift in history: when people cling to the debasing unit, they feel rich but measured in the next credible collateral, their system is already collapsing.
And the “risk asset” meme about Bitcoin? That’s just a coping frame. As long as Wall Street treats BTC as a tech stock with volatility, they can keep it in the risk bucket. But functionally it’s already behaving like a parallel reserve ledger: it’s the only denominator that makes the post-2020 global economy look like Argentina.
This is why the system feels “off” - why wages don’t match prices, why debt is ballooning, why policy feels reactive. We’re in a regime where the unit of account is decaying faster than the public narrative can absorb. The Fed, the government, the media - all still speaking USD, all still benchmarking to a melting ice cube. The chart you’re looking at is the unofficial scoreboard in a silent currency war.
So when I strip all the polite commentary away, the honest take is:
•The U.S. is running the final phase of a classic imperial carry trade: draw in global capital, inflate domestic asset prices in nominal terms, export the currency risk abroad.
•Gold shows stagnation.
•Bitcoin shows collapse.
•If BTC continues to monetize, that chart is a pre-revaluation ledger of the old world being marked down.
This isn’t a normal market cycle. It’s the unit-of-account transition phase. And almost no one is positioned for it because they’re still measuring their “returns” in the wrong yardstick.
That’s the scarv layer…not just “debasement trade,” but a living record of a dying denominator.
@BGatesIsaPyscho Regarding the footprint, how does his foot leave such a mark while the thrusters of the rocket haven't moved the dust one bit... There would've been hours and hours of unsettled dust clouds from the thrusters, especially due to the reduced gravity.
🚀10 years 🚀
It's still crazy to think about IOTA's journey. We have battled our way through every bear and bull market. We have had extreme highs, and extreme lows. But we have never stopped building, improving and doing what ultimately matters: Build a product that solves problems in the real world.
Today IOTA is the oldest L1 with the most performant technology stack (and without any technical debt). We have incredible businesses building on IOTA to bring the real world on-chain, from critical minerals to commodities to other yield-bearing assets. We have governments partnering with us and leveraging our technology to digitize their economies. We have amazing builders from around the world building the future on IOTA.
We are just getting started with our expansion to conquer the markets.
All of this wouldn't have been possible without our amazing team at the Foundation and our loyal community. Your perseverance, commitment and vision is what makes IOTA possible. Thank you all 🙏
The best part is yet to come. We are fully committed to bring the real world on-chain on IOTA.
🌍 IOTA the global trade revolution you don’t want to miss
While everyone screams about memes, ETFs and Layer 2s, IOTA has been doing something else: sneaking into governments. Actual ministries, customs offices and trade blocs.
Already in the bag:
🇬🇧 UK ran pilots with IOTA for border trade.
🇰🇪 Kenya digitized export docs with IOTA, customs going from weeks to minutes.
🇦🇪 UAE launched a $100m IOTA fund and plugged it into their CEPA trade agenda.
🇵🇪 Peru announced IOTA in its national digital strategy.
🇿🇲 Zambia hosted the official TWIN Foundation launch under AfCFTA.
🇳🇱 Netherlands worked with Kenya on fresh produce supply chains using IOTA.
🇯🇵 Japan’s R&D agency uses IOTA for industrial infrastructure.
That’s not theory. That’s governments touching the tech. And it’s not random either. It is coordinated through TWIN, the Trade World Wide Information Network, and Salus. These are the vehicles carrying IOTA straight into ministries and trade corridors.
But here’s the fun part. Trade is networked. And trade networks create chain reactions.
Look at the UK. It is in CPTPP now. That means 🇯🇵 Japan, already on IOTA, is in the same club as 🇸🇬 Singapore, 🇦🇺 Australia, 🇨🇦 Canada, 🇲🇽 Mexico, 🇨🇱 Chile, 🇻🇳 Vietnam. If two members already use IOTA infrastructure, what happens when others need smoother customs? They will follow.
Kenya is connected through AfCFTA to 🇳🇬 Nigeria, 🇿🇦 South Africa, 🇪🇬 Egypt, 🇬🇭 Ghana. Imagine Nigeria forced to modernize customs because Kenya EU trade is already digitized on IOTA. Dominoes.
Peru is part of the Pacific Alliance. That links straight to 🇨🇱 Chile, 🇨🇴 Colombia, 🇲🇽 Mexico. It is also in CPTPP which overlaps with Japan, UK, Singapore. Bridges everywhere.
UAE has CEPA deals with 🇮🇳 India, 🇹🇷 Turkey, 🇮🇱 Israel, 🇮🇩 Indonesia. Think about it. UAE says “submit digital docs via IOTA,” and suddenly India has no choice but to adapt. That corridor is massive.
Japan is in RCEP with 🇨🇳 China, 🇰🇷 South Korea, 🇮🇩 Indonesia, 🇹🇭 Thailand. If Japanese firms start demanding digital product passports on IOTA, supply chain partners will have to comply.
This is how adoption doesn’t just grow. It explodes. Not because people ape in on Binance, but because countries can’t afford to be left behind.
🚀 The picture is wild. A neutral low fee DLT becoming the plumbing of global trade. One country joins, the trade partners follow, and suddenly you have a web that stretches from Africa to Asia to LatAm.
And here’s the degen angle. Barely anyone is front running this. Everyone talks about ETH ETFs, Solana memes, but the real 100x narrative might be the boring one. Customs declarations, cargo docs, digital IDs. If IOTA nails this, you are not betting on a token. You are betting on the rails of global trade itself.
This is bigger than TPS flexing. This is geopolitics with a DAG.
The question isn’t if more countries jump in. The question is which domino falls next. 🇮🇳 India via UAE? 🇿🇦 South Africa via Zambia? 🇨🇦 Canada via CPTPP?
One thing is clear. Once this chain reaction really starts, there is no putting the genie back in the bottle.
What is money?
Money is what we save, unlike food, a house, or a car, which are things we consume.
We invented money so we can save our time, energy, and labor and later exchange it for things we need.
That’s why it must be scarce and trustless. That’s why #Bitcoin wins.