Vince, been with you about 5 months, first comment.
The hegemon is known for trying to disrupt and sabotage. You gotta figure the clearinghouse idea poses some kind of threat to them.
Have you considered ways the movement to the clearinghouse could be derailed? Or, maybe the hegemon tries to get out in front of it and use the clearinghouse to its own ends?
Great to have you and tx! As a frequent victim of their meddling in free markets. Yes! There are multiple fronts they could do this on.
I think the first thing that any incumbent power looks at is, can they stop it. And I think they are trying to stop it at various levels even beyond outside and above the clearinghouse concept. At the clearinghouse levels if you look at it from their perspective that’s something that’s being done you can’t stop that from being done.
So if you can’t beat it, you join it. They may join it to control it, they may join to disrupt it, they may join it just to keep a semblance of the power they have. But joining it is a proper hedge.
So disruption Continues from the outside Geo politics, economics, weaponization of the dollar what have you.
But this is to your point, or rather your question, they will be represented in the clearinghouse organizations.
All you have to do is look at one of the posts we did on the Brics platform and look at who is sitting in the middle of it. It is the bank of international settlements. Blockchain or not. The west will be involved. Maybe not the people..
Thanks for explaining something I've been wondering about for awhile. JL
My pleasure.
Vince, been with you about 5 months, first comment.
The hegemon is known for trying to disrupt and sabotage. You gotta figure the clearinghouse idea poses some kind of threat to them.
Have you considered ways the movement to the clearinghouse could be derailed? Or, maybe the hegemon tries to get out in front of it and use the clearinghouse to its own ends?
Better yet. Look at who is in the center of this new platform. https://open.substack.com/pub/vblgoldfix/p/video-the-brics-swift-substitute?r=ngt0&utm_campaign=post&utm_medium=web
Great to have you and tx! As a frequent victim of their meddling in free markets. Yes! There are multiple fronts they could do this on.
I think the first thing that any incumbent power looks at is, can they stop it. And I think they are trying to stop it at various levels even beyond outside and above the clearinghouse concept. At the clearinghouse levels if you look at it from their perspective that’s something that’s being done you can’t stop that from being done.
So if you can’t beat it, you join it. They may join it to control it, they may join to disrupt it, they may join it just to keep a semblance of the power they have. But joining it is a proper hedge.
So disruption Continues from the outside Geo politics, economics, weaponization of the dollar what have you.
But this is to your point, or rather your question, they will be represented in the clearinghouse organizations.
All you have to do is look at one of the posts we did on the Brics platform and look at who is sitting in the middle of it. It is the bank of international settlements. Blockchain or not. The west will be involved. Maybe not the people..
Saving this to listen after baseball practice with my kids. We are on the cusp....
Good luck! Love it. Was little league coach!