Angelia
@angeliamitchell
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Angelia
@angeliamitchell
https://x.com/mufaddal_vohra/status/1905150958323335623
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Angelia
@angeliamitchell
To reflect the momentous events of the past week we designed two covers featuring Donald Trump. One explains how Europe must respond as he and Vladimir Putin smash the post-war order https://econ.st/4i91dQS The other considers the power of the president
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Angelia
@angeliamitchell
Warriors' Stephen Curry has accepted a role with his alma mater Davidson College as assistant general manager for the basketball programs, university officials told ESPN. Curry becomes the first active player in U.S. major pro sports to take an administrative job with NCAA team.
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Angelia
@angeliamitchell
It’s Manipulation Monday, and the weak are folding… but the smart ones know - real money is made on the red days🩸
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Angelia
@angeliamitchell
If Bitcoin becomes a global reserve asset or a neo form of gold, why wouldn’t governments attempt the same playbook? The more BTC is centralized in custodial institutions, the easier it will be to seize. It will only become more tempting and more politically popular to seize that Bitcoin with time. Sure, today it seems inconceivable. In 20 years, when Bitcoin is worth $10M per coin and 90% of people don't own even a tenth of a single coin, it will be a different story. The political majority will be the first to forfeit their fraction of a coin for 2X its current market
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Angelia
@angeliamitchell
And this isn’t just speculation—it’s precedent. It already happened. The probability that the USA would seize an asset it deems strategically vital is not theoretical; it’s 100% because history has already proven it. In 1933, the US government confiscated gold through Executive Order 6102, outlawing private ownership and forcing citizens to exchange their gold for fiat. The justification? Economic stability and national security.
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Angelia
@angeliamitchell
In other words, I see a future where companies “rent” people’s Bitcoin—offering yield as bait to entice them into giving up self-custody. And once enough Bitcoin is concentrated in these custodial entities, I see nations stepping in to nationalize that "rented" Bitcoin under the guise of strategic necessity.
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