When the market is crazily rushing towards MEME.

When the market is crazily rushing towards MEME, the world has already undergone a qualitative change—

1️⃣ The global cryptocurrency circulation is now three times that of overseas dollar cash.

2️⃣ The size of the stablecoin market can now be compared to the largest emerging market bond funds in the world.

Crypto is gradually eroding the monetary sovereignty of emerging markets.

In "The Sovereign Individual," it is stated:

The original driving force of human civilization is violence, and the state monopolizes currency through violence. The freedom of the individual is to escape from this monopoly.

Every sovereign individual is a sovereign entity and should unite with other individuals around the world to reduce dependence on violent machines like the state and government, thereby better protecting and controlling their own wealth.

The essence of the dollar's hegemony is also because it has the best credit in the fiat currency world, even though it is also a rogue—

But in the world of sovereign currencies, which is a race to the bottom, it is still the one that cares the most about its reputation!

Stable value, free exchange, free flow—if your fiat currency can achieve these three points and do better than the dollar, then your currency can replace the dollar.

Conversely, if the real world cannot achieve this, there will be new paths on-chain: stablecoins and RWA.

The state's pursuit of control and the individual's pursuit of survival is the greatest driving force for the continuous development of Crypto!

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