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We’ve seen this movie before. This version is the battle of digital gold over power regimes past their prime.
In the early 1900’s, specifically in the 1920s, Benjamin Strong orchestrated deals around the world to have leaders send their gold to the United States for “safe harbor” and to balance capital flows for the “safety” of the system. In hindsight, this power play put the US at the center of an emerging fiat currency-based monetary system. One was built on the backs of US industrial capitalists, financed through international political friendships, and by way of war; conflicts in capital markets, and hand-to-hand combat. This intelligent move placed the US at the helm of our global monetary system.
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