It's Big Macro now. No one wants to finance foreign fiat government debt out 30yrs. Time has compressed with speed of AI and blockchain. 30yrs ago 30yrs might seem possible to know. 30yrs from now seems impossible. Risk premium goes up, yield curves steepen and capital competition becomes greater as return expectations increase with tech-driven success stories. Money funding the future comes out of low return areas regardless of risk. Gold and silver sense US "Manhattan Project"-like command spending on AI while at the same time recognize total world stablecoin trading volume is 26Trillion this yr vs practically 0 just 5 yrs ago. Trump promises to go big fiscally into Nov26 elections with chance to permanently cement a US capitalist future. The future getting funded at light speed and at the expense of the past creates "revolutionary" atmosphere. Onchain security paramount as assets transition away from old fiat frameworks.(Dan Tapiero)