Rereading nostr:npub1trr5r2nrpsk6xkjk5a7p6pfcryyt6yzsflwjmz6r7uj7lfkjxxtq78hdpu 's excellent expose on the Petrodollar recently and thinking: what would it seem like, if it seemed like (h/t nostr:npub1sfhflz2msx45rfzjyf5tyj0x35pv4qtq3hh4v2jf8nhrtl79cavsl2ymqt ) the petrodollar system was coming to an end, and the US knew it, and was embracing cryptodollars as a replacement for petrodollars, not by accident but by design.
I think it would look a lot like some of the stable coins we are seeing today, exporting our inflation out into the world through making stablecoins available in hundreds of countries where our banking system doesn't reach, and driving up a demand for US treasuries by stablecoin issuers, which pushes down US treasury yields, allows issuance of cheap debt, etc. Just like the petrodollar did.
Paul Ryan's recent comments show a clear understanding of this picture.
yan
yan@www.swanbitcoin.com
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Security jobs open at swan - app sec, threat detection, TPM - senior and director level. 👀
Are there any security people that are not shitcoiners? All I see is web3 in my job queue. What is happening in the world 🙈
Swan is hiring security engineers!
https://bitcoinerjobs.com/job/985839-application-security-senior-engineer-architect-swan-bitcoin
You may not like it, but this is what peak suburban garden performance looks like. This land was dead soil, mud, and mosquitos 4 years ago. Everything in the pic, we planted by hand.