PsiloX
50.8K posts

PsiloX
@PsiloX
Don't trust, verify! Separate money and state! The price for liberty is eternal vigilance. You are the carbon they want to reduce!




€3T in EU losses from wrong decisions👇 EU restrictions on Russian energy have backfired — we estimate that EU economic losses already exceed €1.5T. As EU gas prices have risen ~100%, total losses could surpass €3T by year-end, triggering deindustrialisation and collapse.

The ECB just admitted that dollar stablecoins are a threat to European monetary sovereignty. Piero Cipollone, a member of the ECB's Executive Board, gave a keynote today in Brussels laying out Europe's tokenized financial market strategy. The message was clear: if Europe doesn't build its own on-chain settlement infrastructure, dollar stablecoins will become the default backbone of European digital finance. His exact words: a world where "a single dominant platform and stablecoin with broad network effects" would have "serious consequences for Europe's monetary sovereignty." The response is already in motion. The ECB is launching "Pontes" in Q3 this year, a system that bridges tokenized asset platforms with central bank money settlement. Their longer-term project "Appia" aims to deliver a full blueprint for a European tokenized financial ecosystem by 2028. €4 billion in tokenized fixed-income instruments have already been issued across Europe since 2021, including sovereign debt from EU member states. This isn't theoretical anymore. Cipollone also took a shot at stablecoins directly, noting that even fiat-backed stablecoins "rarely trade exactly at par, even during calm market conditions." The argument: only central bank money carries zero credit and liquidity risk. This is Europe's answer to America's stablecoin push. While Washington negotiates the CLARITY Act and stablecoin yield deals with Coinbase and the banks, the ECB is building state-controlled rails to make sure tokenized finance runs through central banks, not private issuers.

Milton Friedman: “The government doesn’t have any money. Only people have money. The government only gets money by putting its hand in your pocket and taking it out.”




🚨BREAKING NEWS Kirill Dmitriev : Europe can finally enjoy the success of both its Green and Russophobic agendas—no oil, no gas.



🇸🇰Prime Minister of Slovakia Robert Fico: "The world order does not work. International law does not work. Today the UN is just a joke. The same can be said for the EU."










