Matthew Pines
@matthew_pines
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Executive Director @btcpolicyorg | Strategic Advisor @skywatcherhq | physics & philosophy @ JHU, public policy @ LSE | bitcoin, uap, geoecon, disruptive tech
Joined November 2020
My first novel, Expectation Value, is a story of spies, physicists, mercenaries, and billionaire cult leaders fighting to control world-changing technology. The catch?. The secret lies in the mind of one man and he's terrified of what he knows. Order👇
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this is a tough SAT analogy.
Trump: Putin : stop.
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If this was one of you, let’s be friends.
Absolute legend ✅ 🎉 Bought 10,000 BTC for $7,800 in 2011 and exited at $1.1 Billion profit 👇
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RT @JenGriffinFNC: NEW: per @BretBaier .Saudi Defense Minister on secret visit to White House today met Trump this afternoon to discuss Ira….
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RT @matthew_pines: @DzambhalaHODL Success requires:. 1. BTC price performance given macro and geopolitical conditions. 2. Agile & expert fi….
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RT @izakaminska: @damienics @michaelxpettis @wstv_lizzi @ForeignAffairs The state is the point — it defines the boundaries of balance. It c….
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RT @cryptoquick: Hourglass v2 is still just an idea, a new BIP will need to be created aside from the Hourglass v1 BIP, but I'm putting it….
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RT @BitcoinMagazine: JUST IN: 🇺🇸 US House leadership announces that the week of July 14th will be “Crypto Week.”
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Combine this with a potential subsumed Fed forced to lower short-end rates and you can see the outlines of “run-hot” fiscal dominance and deficit spending subsidized by offshore crypto dollar financial repression.
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Congress deficit-spends → Treasury issues more bills. Offshore demand for digital USD → issuers buy those bills. Result: new USG liabilities circulate globally as stablecoin tokens. This monetizes/sterilizes deficits outside the Fed while avoiding the optics of money-printing.
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Fiscal deficits (BBB). Bill funding (Trump pressure). Stablecoins (Genius Act).=.“Stablecoin MMT”. Global demand for stablecoins enables USG to run larger deficits by issuing short-term debt absorbed by crypto markets—monetizing spending w/o Fed intervention or money printing.
@dampedspring Depends. Money supply is elastic based on money demand via expansion of bank and shadow bank balance sheets aka dollar credit via collateral rehypothecation. Fully reserved stablecoins eo ipso merely cause a shift across existing USD-denominated assets with different degrees of.
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RT @financialjuice: US Treasury Secretary Bessent: I expect stablecoin legislation will increase demand for US Treasuries.
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RT @satsie: Have you been thinking about applying for a bitcoin developer grant? . Now you can submit to multiple organizations (OpenSats,….
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RT @MelMattison1: I mentioned earlier that S. Bessent may take Fed chair job at same time/or independently as holding SecTres. Here's the v….
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RT @SenLummis: The tax code shouldn't punish Americans for using new technology. My bill fixes the broken rules around bitcoin and digital….
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EUROPE'S LARGEST ASSET MANAGER AMUNDI SAYS U.S. STABLECOIN POLICIES COULD DESTABILISE GLOBAL PAYMENT SYSTEM.
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