
Jack Mallers explores the shift away from globalism and the potential end of the current fiat currency system, highlighting comments from officials at Davos and Ray Dalio's warnings about printing money versus a debt crisis. He explains the Triffin Dilemma, where the US, as the world reserve currency, exports dollars while importing goods, leading to trade deficits and hollowing out domestic production. Gold and silver's recent price surges reflect a reaction to new policies and too many paper claims, while Bitcoin, though promising, is currently too small to absorb sovereign capital fleeing fiat. Mallers also shares updates on Strike, including early direct deposit features and progress on New York licensing, and touches on the potential of AI and Bitcoin to foster a new art renaissance.
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