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The Digital Dollar Is Already Here. It Just Isn't a CBDC.

Private Credit's Exit Door Is Jammed
Investors asked private-credit funds for far more liquidity than the wrappers were built to provide. The structures are functioning as written, and the terms reveal how narrow the exit really is.
"For 250 years, America has led the world in financial innovation. For 15 years, blockchain technology has redefined what's possible. Now it's our turn to meet the moment. It's time to pass CLARITY." - @RepBryanSteil
"No more than 1% of people understand Bitcoin. The money market is $100-120 trillion, Bitcoin is roughly $1.3 trillion. That's asymmetric." @parkeralewis on why the biggest opportunity in Bitcoin is still right in front of you.
.@parkeralewis contrasts Saylor hyping Strike preferreds as "the most interesting thing in Bitcoin" while Square was rolling out payments to 4 million merchants. "He's in there... where is that guy?"
"Their whole strategy is to get people to not buy Bitcoin, but to buy their stock instead." @parkeralewis breaks down the broken incentive structure behind Bitcoin treasury companies.
Parker Lewis on why treasury companies are the new altcoin lesson, you're paying a premium to get less Bitcoin.
x.com/i/broadcasts/1…
Rep. Bryan Steil on the Clarity Act: "I'm optimistic that we get this across the line next week in the United States Senate."
Rep. French Hill at NYC CLARITY Act hearing: "If you had the market framework law in place, you're putting all crypto under that." "It’s time to close the deal."

US Congress is set to discuss the proposed Bitcoin Strategic Reserve today during a New York field hearing on the CLARITY Act.

Newly declassified FBI docs allege China produced & exported fake US driver's licenses in 2020 to enable tens of thousands of fraudulent mail-in ballots for Joe Biden.

Joe Nakamoto drops "The Bitcoin Dictator," a short film on Nayib Bukele and the tension between bitcoin adoption and authoritarian power in El Salvador.
Rep. Timmons: "The CLARITY Act is incredibly important in maintaining the U.S. economy as the center of the global economy." "We're on the 1 yard line, we just gotta score the touchdown."
"For 250 years, America has led the world in financial innovation. For 15 years, blockchain technology has redefined what's possible. Now it's our turn to meet the moment. It's time to pass CLARITY." - @RepBryanSteil
"No more than 1% of people understand Bitcoin. The money market is $100-120 trillion, Bitcoin is roughly $1.3 trillion. That's asymmetric." @parkeralewis on why the biggest opportunity in Bitcoin is still right in front of you.
.@parkeralewis contrasts Saylor hyping Strike preferreds as "the most interesting thing in Bitcoin" while Square was rolling out payments to 4 million merchants. "He's in there... where is that guy?"
"Their whole strategy is to get people to not buy Bitcoin, but to buy their stock instead." @parkeralewis breaks down the broken incentive structure behind Bitcoin treasury companies.
Parker Lewis on why treasury companies are the new altcoin lesson, you're paying a premium to get less Bitcoin.
x.com/i/broadcasts/1…
Rep. Bryan Steil on the Clarity Act: "I'm optimistic that we get this across the line next week in the United States Senate."
Rep. French Hill at NYC CLARITY Act hearing: "If you had the market framework law in place, you're putting all crypto under that." "It’s time to close the deal."

US Congress is set to discuss the proposed Bitcoin Strategic Reserve today during a New York field hearing on the CLARITY Act.

Newly declassified FBI docs allege China produced & exported fake US driver's licenses in 2020 to enable tens of thousands of fraudulent mail-in ballots for Joe Biden.

Joe Nakamoto drops "The Bitcoin Dictator," a short film on Nayib Bukele and the tension between bitcoin adoption and authoritarian power in El Salvador.
Rep. Timmons: "The CLARITY Act is incredibly important in maintaining the U.S. economy as the center of the global economy." "We're on the 1 yard line, we just gotta score the touchdown."
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