‘Oil on the water’ is now a key market indicator
Record volumes of crude are now at sea, all searching for a home. The question isn’t just who will buy those sums — but at what price. China, for now, is backing away.
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3/I Atlas: Be not afraid
The third interstellar object ever spotted by humanity, now hurtling behind our sun, has led some astronomers to speculate that we may be observing an alien probe. The body in question is known as 3/I Atlas, and what’s worrying many is the distinctly odd and unique properties it’s displaying for a comet. The biggest proponent […]
Cash Equivalence rebrand
Our stablecoin pop up will now be known as The Peg.
The Weekly Peg: The Lugano download (3/3)
Tether news: Stablecoins can boost US dollar hegemony, Tether CEO says. TLDR: CEO Paolo Ardoino on how and why Tether, the world’s largest stablecoin issuer, has become an unexpected ally of the U.S. Treasury. Facts and stats: Tether now holds about $181 billion in reserves of which $135 billion is in U.S. Treasuries, a number […]
The Weekly Peg: The end of usury? (2/3)
Will stablecoins initiate a new era of (biblically compliant) zero-interest finance, or are workarounds already in the making?
Rainbow wars and the rise of the intrapolar state
Making sense of the geopolitical map isn’t what it used to be. Not only can no one agree whether World War 3 has formally started, but the traditional colors defining friend and enemy no longer seem to apply. Instead, this war’s allegiances and interests have become multivaried and fluid. Instead of homogeneous blocks of power, […]
The positive-sum game theory in the Trumpian crypto grift
Sometimes it’s better the devil you know.
The Weekly Peg: Stablecoin crackdowns (1/3)
EU targets Russia’s A7A5, ESRB calls for bans, plus lots of chart porn.
From stablecoins to ‘stabilization fund-like mechanisms’
Perhaps there’s a reason why James Bond has a license to gamble with Treasury money in Casino Royale?