History

I think one of the original sins of our current financial infrastructure is that financial accounts aren’t asset agnostic 

Completely understandable on why we evolved where Yen, USD and equities must be in separate accounts

But we’re past those old limitations and assumptions

I feel this way about geographical borders

Iraq / Syria / Iran: I’d like to talk to you about the Sykes-Picot Line

Sykes-Picot Agreement (1916) was a secret convention between Great Britain (Sykes) and France (Picot) that chopped up the Ottoman Empire into modern day Turkish-held Syria, Iraq, Lebanon, and Palestine into various French and British-administered areas very arbitrarily drawing the lines - unaware of future consequences

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So much so that the narrative for the existence of the Islamic State (IS) is a backlash against the decision of Sykes-Picot, decades later. IS claims they will reverse all borders and remove spheres of influence of the West under one caliphate (while ironically fully ignoring the “Kurdish Question”)

The arbitrary imposition of state boundaries produced by the Sykes-Picot Agreement generated a substantial incongruence between “territory” and “identity”