(đ„Dinarian Note: I included the full article from "The Economist" Get Ready for the Phoenix Source: Economist; 01/9/88, Vol. 306, pp 9-1 for your reading pleasure đ„)
In 1988, the cover of The Economist was titled âGet ready for a world currencyâ. The magazine cover showed a phoenix rising from the ashes of burning US currency.
âThirty Years from now, Americans, Japanese, Europeans and people in many other rich countries âŠwill be paying for their shopping with the same currencyâ
The author continues to suggest a single unified currency that would ease the challenges and difficulties of international financial transactions.
The author also mentions a world connected like never before. Instead of the Yuan, Dollar, or Euro, this new form of currency, a âphoenix coinâ would dominate. This new coin would replace the existing financial system and there would be no need for expensive international currencies or cumbersome money wires. Everyone would be using the same coin/currency.
Now just over 30 years later, this âpredictionâ is now becoming a reality.
Itâs important to realize this article was written during the early days of the internet and well before the world had ever heard of Bitcoin or cryptocurrency â Bitcoin only came into existence during the 2008 financial crisis.
Of notable mentioned is Stellar (XML), whose logo is eerily similar to the logo on the coin of the Pheonix (see below):
While I wonât get into the implications of what this means, such as this new financial system planned at least 33 years in advance, what is of more importance to the investor, is the investment opportunities this new financial system will bring.
What is Stellar (XLM)?
In case you havenât heard of Steller, it is one of the few IS0 20022 compliant cryptocurrencies which will be part of this new financial system. Stellar is a peer-to-peer (P2P) decentralized network with the purpose of connecting the worldâs financial systems and ensuring a fast and transparent protocol for payment providers and financial institutions.
Here is a List of the ISO 20022 compliant cryptocurrencies.
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The ISO 20022 standard are the rules and language for cross-border and international payments. Itâs the mechanism to connect financial institutions and central banks. However, for this new financial system to be implemented, central banks must also move towards a new âdigital currencyâ (with the help of the blockchain).
CBDCs in Development â Worldwide.
The last piece of this puzzle are Central Bank Digital Currencies (CBDCs). A CBDC is a new type of central bank currency that harnesses the power of the blockchain to create a digital currency.
With the standard for international payments (ISO 20022) being implemented in November, Central banks will now have the standards in place for cross-border international payments for their digital currency.
The move to CBDCs is expected to be a step toward replacing the current fiat-based currency and most all countries which have a central bank are already underway towards developing their own CBDC.
China is leading the pack and already has a pilot program in place!
New Global Reserve Currency
The creation of CBDCs will also allow alliances like BRICS (Brazil, Russia, India and South Africa) to create their own âalliance currencyâ, with Russia recently reporting with the help of BRICS, will be creating their own New Global Reserve Currency.
While the ushering in of a new digital currency wonât happen overnight, November marks the beginning of the implementation of the ISO 20022 Standard â notice the year 2022 embedded in the name of the standard.
Even the recently appointed new prime minister of the UK, Rishi Sunak is already publically supporting this new initiative.
A New Financial System is Already Here
Blockchain technology is allowing for the heralding of an entirely new financial system. New cross border payment protocols like ISO 20022 and the creation of Central Bank Digital Currencies is bringing an entirely new financial system to the world.
Whether the 1988 edition of The Economist was prophetic or planned we may never know, but what is certain in we are now living in a new digital financial age.
đ Coinbase just launched an AI agent for Crypto Trading
Custom AI assistants that print money in your sleep? đ
The future of Crypto x AI is about to go crazy.
đ Hereâs what you need to know:
đ 'Based Agent' enables creation of custom AI agents
đ Users set up personalized agents in < 3 minutes
đ Equipped w/ crypto wallet and on-chain functions
đ Capable of completing trades, swaps, and staking
đ Integrates with Coinbaseâs SDK, OpenAI, & Replit
đ What this means for the future of Crypto:
1. Open Access: Democratized access to advanced trading
2. Automated Txns: Complex trades + streamlined on-chain activity
3. AI Dominance: Est ~80% of crypto đtxns done by AI agents by 2025
đš I personally wouldn't bet against Brian Armstrong and Jesse Pollak.
đ Coinbase just launched an AI agent for Crypto Trading
đ Coinbase just launched an AI agent for Crypto Trading
EpicX, the first perpetuals exchange purpose-built for the XRP economy
A fresh look at EpicX, the first perpetuals exchange purpose-built for the XRP economy.
EpicX transforms the XRP economy into a global trading venue that combines institutional-grade liquidity with frictionless usability, making pro-level trading accessible to everyone.
What EpicX brings:
â« One-tap onboarding via social login (MPC-secured), no wallet setup or gas friction
â« Ultra-fast trade execution with up to 40x leverage and composable margin
â« Multi-asset markets spanning crypto, stocks, and other RWAs
â« A self-funding loop: all fees directed to referrals, $EPIC buybacks, and grants
They are in our solar system, and in our event-stream in this Eternal Now.
Officialdom is clueless.
They think we are going to be at WAR with the Aliens.
Officialdom is very stupid.
Aliens is here. Itâs not WAR. Itâs Contention.
There is a difference.
Officialdom is clueless, still living in the last Millennium.
Aliens is here.
The Field in which we contend is This Eternal Now.
ALL HUMANS LIVE HERE, and ONLY HERE, in this
ETERNAL NOW.
Itâs a Field of potentials, of pending Manifestation, this continuous event-stream of karma in which we have always lived our bodyâs Life.
This Eternal Now has always been our bodyâs Field of Contention.
The Aliens is here, in our Eternal Now.
Our common, shared, reality that we all continuously co-create now has Aliens.
Itâs getting very complex in here.
Officialdom is clueless. They see the Aliens. They are freaking out. They think you are children, when it is their small minds, trapped in a reality that is only grit, mud, and ârandom chanceâ who are childish.
Officialdom is stupid. They will and are reacting badly. As is their way, they are trying to hide shit from you. Silly grit bound minds donât realize you can see everything from within the Eternal Now. They have yet to grasp that what they perceive as this Matterium, filled with âmatterâ, is but a hardening of our previous (past) internal states of being.
WAR happens in the Matterium.
Contention occurs within this Eternal Now where Consciousness shapes the manifesting event-stream.
YOU know this to be fact. You are a co-creator.
Contention with Aliens is happening in this instant in this Eternal Now.
Officialdom ainât doing shit. They are still stuck in trying to move matter around to affect unfolding circumstances. Thatâs redoing the mirror trying to affect the reflection. Dumb fucksâŠ.
Itâs up to US. To the New Humans. Those of us who live in this Eternal Now. Those of us who see that our bodyâs Lives (the Chain that cannot be broken) are expressions of the Ontology revealing itself to itself. Itâs up to us guys.
We are not an Army. Thatâs a concept from the past, from before the emergence of the New Humans. We are a Force. A self-organizing collective with leadership resident in each, and every participant.
We are the New Human Force. By the time officialdom starts to speak about the Aliens in near-factual terms, we will already be engaging them in this Eternal Now.
By the time officialdom begins to move matter around (space ships & such) thinking itâs War, we will already be suffering casualties in this Eternal Now. That part is inevitable. Itâs how we learn.
By the time officialdom realizes that some shit is going on in places and ways beyond its conception, we will already be pushing our dominance onto our partners in this First Contention, the Aliens. Nage cannot train without Uke.
Just as officialdom is scrambling to research the Ontology, this Eternal Now, and the event-stream, we will be settling terms with our new partners, the Aliens.
Come, join with us. Itâs going to be a hellacious Contention.
We ARE the NEW HUMANS!
Together we are the Force that cannot be defeated.
Start YOUR training in this instance of this Eternal NOW.
Consume Neville Goddard videos as though all of human existence depended on YOUR mind and YOUR active, effective, imaginings!
Itâs not a question of Mind over Matter as there is only Mind and it cares not for Matter. Thatâs residue.
The Great Onboarding: US Government Anchors Global Economy into Web3 via Pyth Network
For years, the crypto world speculated that the next major cycle would be driven by institutional adoption, with Wall Street finally legitimizing Bitcoin through vehicles like ETFs. While that prediction has indeed materialized, a recent development signifies a far more profound integration of Web3 into the global economic fabric, moving beyond mere financial products to the very infrastructure of data itself. The U.S. government has taken a monumental step, cementing Web3's role as a foundational layer for modern data distribution. This door, once opened, is poised to remain so indefinitely.
The U.S. Department of Commerce has officially partnered with leading blockchain oracle providers, Pyth Network and Chainlink, to distribute critical official economic data directly on-chain. This initiative marks a historic shift, bringing immutable, transparent, and auditable data from the federal government itself onto decentralized networks. This is not just a technological upgrade; it's a strategic move to enhance data accuracy, transparency, and accessibility for a global audience.
Specifically, Pyth Network has been selected to publish Gross Domestic Product (GDP) data, starting with quarterly releases going back five years, with plans to expand to a broader range of economic datasets. Chainlink, the other key partner, will provide data feeds from the Bureau of Economic Analysis (BEA), including Real Gross Domestic Product (GDP) and the Personal Consumption Expenditures (PCE) Price Index. This crucial economic information will be made available across a multitude of blockchain networks, including major ecosystems like Ethereum, Avalanche, Base, Bitcoin, Solana, Tron, Stellar, Arbitrum One, Polygon PoS, and Optimism.
This development is closer to science fiction than traditional finance. The same oracle network, Pyth, that secures data for over 350 decentralized applications (dApps) across more than 50 blockchains, processing over $2.5 trillion in total trading volume through its oracles, is now the system of record for the United States' core economic indicators. Pyth's extensive infrastructure, spanning over 107 blockchains and supporting more than 600 applications, positions it as a trusted source for on-chain data. This is not about speculative assets; it's about leveraging proven, robust technology for critical public services.
The significance of this collaboration cannot be overstated. By bringing official statistics on-chain, the U.S. government is embracing cryptographic verifiability and immutable publication, setting a new precedent for how governments interact with decentralized technology. This initiative aligns with broader transparency goals and is supported by Secretary of Commerce Howard Lutnick, positioning the U.S. as a world leader in finance and blockchain innovation. The decision by a federal entity to trust decentralized oracles with sensitive economic data underscores the growing institutional confidence in these networks.
This is the cycle of the great onboarding. The distinction between "Web2" and "Web3" is rapidly becoming obsolete. When government data, institutional flows, and grassroots builders all operate on the same decentralized rails, we are simply talking about the internetâa new iteration, yes, but the internet nonetheless: an immutable internet where data is not only published but also verified and distributed in real-time.
Pyth Network stands as tangible proof that this technology serves a vital purpose. It demonstrates that the industry has moved beyond abstract "crypto tech" to offering solutions that address real-world needs and are now actively sought after and understood by traditional entities. Most importantly, it proves that Web3 is no longer seeking permission; it has received the highest validation a system can receiveâthe trust of governments and markets alike.
This is not merely a fleeting trend; it's a crowning moment in global adoption.The U.S. government has just validated what many in the Web3 space have been building towards for years: that Web3 is not a sideshow, but a foundational layer for the future. The current cycle will be remembered as the moment the world definitively crossed this threshold, marking the last great opportunity to truly say, "we were early."
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US Dept of Commerce to publish GDP data on blockchain
On Tuesday during a televised White House cabinet meeting, Commerce Secretary Howard Lutnick announced the intention to publish GDP statistics on blockchains. Today Chainlink and Pyth said they were selected as the decentralized oracles to distribute the data.
Lutnick said, âThe Department of Commerce is going to start issuing its statistics on the blockchain because you are the crypto President. And we are going to put out GDP on the blockchain, so people can use the blockchain for data distribution. And then weâre going to make that available to the entire government. So, all of you can do it. Weâre just ironing out all the details.â
The data includes Real GDP and the PCE Price Index, which reflects changes in the prices of domestic consumer goods and services. The statistics are released monthly and quarterly. The biggest initial use will likely be by on-chain prediction markets. But as more data comes online, such as broader inflation data or interest rates from the Federal Reserve, it could be used to automate various financial instruments. Apart from using the data in smart contracts, sources of tamperproof data đwill become increasingly important for generative AI.
While it would be possible to procure the data from third parties, it is always ideal to get it from the source to ensure its accuracy. Getting data directly from government sources makes it tamperproof, provided the original data feed has not been manipulated before it reaches the oracle.
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Knowledge is power, using that knowledge can be extremely powerful,
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