bitcoinomics21

Ridwan

Learn how Bitcoin is shaping the Global Economy Subscribe to the Newsletter: bitcoinomics21.substack.com Subscribe to the YouTube Channel: youtube.com/@bitcoinomics21 bitcoinomics21.substack.com

  1. Bitcoin News Blast: US’ Strike on Venezuela & Venezuela’s Bitcoin Reserves

    JAN 6

    Bitcoin News Blast: US’ Strike on Venezuela & Venezuela’s Bitcoin Reserves

    US’ Strike on Venezuela & Venezuela’s Bitcoin Reserves - Decrypt The U.S. capture of Venezuela’s President, Nicolas Maduro had crude oil futures drop to as low as $56.6 per barrel, their lowest since February 2021. Washington said its operation was tied to superseding U.S. indictments alleging Maduro and senior allies of drug trafficking and corruption. Chevron shares surged 11%, a movement that financial markets commentary outlet Kobeissi Letter noted reflected expectations that U.S. control could unlock additional Venezuelan energy supply. Crypto markets remained relatively stable, with Bitcoin and Ethereum notching up about 1% each. Additionally, Blockchain intelligence firms and former officials have long alleged that Caracas quietly accumulated Bitcoin and stablecoins through commodity-linked transactions. Those claims, which Venezuela has never acknowledged, suggest crypto functioned not just as a civilian lifeline but as a parallel settlement layer for state-linked trade when access to dollars and correspondent banks narrowed. The country’s Bitcoin and crypto holdings are estimate, but not confirmed, to be around $60 billion, which would be higher than the $18 billion that the US holds in Bitcoin reserves. Venezuela has relied on crypto as a workaround amid sanctions, a currency collapse, and banking dysfunction. In 2018, Maduro launched the petro as a state-issued cryptocurrency backed by Venezuelan oil and mineral reserves in an effort to circumvent U.S. sanctions and attract foreign financing, though it failed to gain traction and was later discontinued. Further restrictions on the country’s access to the global financial system have propelled stablecoins to serve as a de facto dollar substitute for everyday commerce. While this has benefited civilians and businesses, observers warn that the same channels can be used to circumvent sanctions and reroute trade and energy payments. How it impacts you? Another country, another US takeover, what else is new? Before it was Saddam Hussein and Iraq and Gaddafi in Libya for its oil reserves and now we’re going after Venezuela for its oil, minerals, and of course, most probably, Bitcoin. Let’s not buy into the narrative that this it is only about “drug trafficking” considering the elites’ drug of choice is, you guessed it, cocaína. Just like how the US attacked Iraq for WMDs (Weapons of Mass Destruction) we’re doing the same thing to Venezuela. We can have it, but you can’t! Please lets keep our eyes open on this one folks. We’ve been duped by our government too many times. Thanks for reading Bitcoinomics21! Please share this post with everyone This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bitcoinomics21.substack.com

    4 min
  2. 12/25/2025

    Economic Pulse: Fed Approves 3rd Rate Cut & US Unemployment Rises to 4-year High

    Fed Approves 3rd Rate Cut of 2025 - CNBC The Federal Reserve lowered interest rates by a quarter percentage point to 3.5%-3.75%. This carries caution flags about where policy is headed from here and featured “no” votes from three members, which hasn’t happened since September 2019. The 9-3 vote featured hawkish and dovish dissents – Governor Stephen Miran favored a steeper half-point reduction while regional Presidents Jeffrey Schmid of Kansas City and Austan Goolsbee of Chicago backed holding the line. The hawks are generally more concerned about inflation and favor higher rates while doves focus on supporting the labor market and want lower rates. Stocks rose following the decision, with the Dow Jones Industrial Average adding 500 points. Treasury yields moved mostly lower. Fed Chair Jerome Powell added, “We haven’t made any decision about January, but as I said, we think we’re well positioned to wait and see how the economy performs.“ On the economy, the committee raised its collective view of gross domestic product growth for 2026, boosting its September projection up by half a percentage point, to 2.3%. The committee continues to expect inflation to hold above its 2% target until 2028. On inflation, prices remain high, with the Fed’s preferred gauge putting the annual rate at 2.8% in September which is north of the central bank’s 2% target. Lastly, the Fed announced it will resume buying Treasury securities. Powell is nearing the end of his second term as chair, and Trump has signaled he will litmus test his choice, using a preference for lower rates as a barometer, rather than someone committed to the Fed’s dual mandate of stable prices and full employment. Prediction markets are betting the nominee will be National Economic Council Director Kevin Hassett, who is viewed as a Fed chair that will do Trump’s bidding. How it impacts you? The Fed cut rates again to stimulate more spending. This is not a good long term sign because if the citizens are not spending, that means they’re scared. If they’re scared financially, then we need to keep a close eye on the economy especially as Trump favors lower rates. Last time we lowered rates rapidly, it was during the Great Recession and Pandemic Recession. Let that sink in. US Unemployment Rate Rises to 4-year High - Time The unemployment rate rose to a four-year high of 4.6%—the highest since September 2021, when the nation was bouncing back from the COVID-19 pandemic lockdown. Economists note the report showed that wages are growing at the lowest rate in years. Although Americans’ earnings are still outpacing inflation, average hourly earnings grew at an annual rate of 3.5% in November, whereas inflation grew at a 3% rate in September, marking the slowest pace since 2021. Jeffrey Roach, chief economist at LPL Financial, said “The affluent are fine, if not thriving, while lower income households struggle with high rent payments, rising delinquencies, and job uncertainty.” How it impacts you? This coupled with a lower interest rate are not good signs. Last time we had a cross-over (or almost cross-over) where unemployment rates rose and the Federal Interest Rate decreased was, again, during the Great Recession and Pandemic Recession. Thanks for reading Bitcoinomics21! Please share this post with everyone This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bitcoinomics21.substack.com

    4 min
  3. 12/19/2025

    Bitcoin News Blast: Pros & Cons of Stablecoins and FDIC approves Banks to issue Stablecoins

    Pros & Cons of Stablecoins - IMF Stablecoin issuance has doubled over the past two years. The future demand for them could arise from other use cases supported by legal and regulatory frameworks. Stablecoins could increase efficiency in payments through increased competition and also carry risks related to macro-financial stability, operational efficiency, financial integrity, and legal certainty. These risks could be more pronounced in countries experiencing high inflation, weaker institutions, or diminished confidence in the domestic monetary framework. The International Monetary Fund (IMF), the Financial Stability Board (FSB) have issued comprehensive policy recommendations. Many authorities have started implementing international standards. As stablecoins operate globally, this also increases the potential for conflicts between domestic policies, making international cooperation even more essential. How it impacts you? It won’t impact you directly quite yet, unless you’re already transacting with stablecoins such as USDT (Tether) or USDC (Circle). This could have future positive or negative implications on the banking system—specifically if things tip sideways. Based on the chart above, if USDT and USDC are mainly backed by US Treasuries, won’t the stablecoin market go down if something happens to the US dollar and US banks? Wasn’t this the point of Bitcoin to begin with? To get away from this “mess”? Stablecoins forcing banks’ hands to modernize their cross border payments is a win for everyone, however, what if we have the same scenario as 2008? If the Fed starts printing money on a rapid scale again, then what will happen to those banks that are caught holding stablecoins? How will that impact the crypto market as a whole? As important as integration is, the way it’s implemented within the financial system is something to monitor. FDIC approves GENIUS Act rule for Banks to issue Stablecoins - FDIC The Federal Deposit Insurance Corporation (FDIC) approved a proposed rule that would implement the application provisions under the Guiding and Establishing National Innovation for U.S. Stablecoins Act (GENIUS Act). The GENIUS Act allows insured depository institutions, such as banks, to issue payment stablecoins through a subsidiary. They are required to apply to the FDIC for the subsidiary to be approved as a permitted payment stablecoin issuer. The GENIUS Act requires the FDIC to receive and review applications and to issue implementing regulations establishing the application process. How it impacts you? This is the first step in allowing banks to start issuing stablecoins. It is the first proposal of a rule for the application process for issuing them. Here we go. Thanks for reading Bitcoinomics21! Please share this post with everyone This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bitcoinomics21.substack.com

    4 min
  4. Economic Pulse: US Banks will not Loan Argentina $20 Billion & US Banks Cyberattack

    11/26/2025

    Economic Pulse: US Banks will not Loan Argentina $20 Billion & US Banks Cyberattack

    US Banks will not Loan Argentina additional $20 billion - Reuters US banks JPMorgan Chase, Bank of America, and Citigroup were supposed to loan an additional $20 billion to Argentina for a bailout, on top of the $20 billion current-swap the U.S. Treasury and Argentina agreed to in October. These banks are now considering a smaller loan of $5 billion. JPMorgan Chase, Bank of America, Citigroup, and Argentina’s economy ministry have not commented on the matter. How it impacts you? It’s good to know that Chase, Bank of America, and Citi are only going to loan out a little bit of our money. Yes, remember, that is our money that they loan and take interest payments on. US Bank Cyberattack - TechCrunch SitusAMC, which provides technology for over a thousand commercial and real estate financiers, identified a cyberattack on November 12. Their customers include banks, such as JPMorgan Chase, Citigroup, and Morgan Stanley, mortgage lenders, pension funds, and state governments. It’s unclear how much data was taken, or how many U.S. banking consumers may be affected by the cyberattack. SitusAMC said the hackers stole data associated with its banking customers’ relationships, as well as “accounting records and legal agreements”. Additionally, they said no encrypting malware was used, suggesting the hackers were focused on exfiltrating data from the company’s systems rather than causing destruction. SitusAMC provides the mechanisms and technologies for its banking and real estate customers to comply with state and federal rules and regulations. The company handles vast amounts of non-public banking information on behalf of its customers. The company also processes billions of documents related to loans annually. How it impacts you? Contact your bank to see if you may be impacted by this cyberattack. Consider placing a fraud alert on your credit reports and monitor your accounts for suspicious activity. Additionally, consider freezing your accounts and changing logins, if necessary. Cyberattacks are becoming all too common and it is up to us, as individuals, to stay vigilant of our personal information, which includes banking and loan info. Thanks for reading Bitcoinomics21! Please share this post with everyone This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bitcoinomics21.substack.com

    3 min
  5. 11/25/2025

    Bitcoin News Blast: Investors pull $523 million from BlackRock's Bitcoin ETF & SWIFT Global Payment System "Modernizes"

    Investors pull Record $523 million from BlackRock’s Bitcoin ETF - Reuters Investors pulled roughly $523 million from BlackRock’s iShares Bitcoin Trust (IBIT), marking the fund’s largest single-day withdrawal since its launch. IBIT, the largest spot bitcoin ETF, has attracted strong investor demand and has been central to the crypto ETF boom. The outflows highlight the severity of the recent Bitcoin selloff , which has corrected sharply after hitting a record high in October. Analysts have pointed to profit-taking by long-term shareholders as well as growing caution among Bitcoin treasury firms. IBIT, which has over $73 billion in assets, has fallen 19% quarter-to-date. How it impacts you? If you invested in IBIT or Bitcoin directly, more than likely, this move has impacted you. It seems like many long-term shareholders and investors are reaping the rewards of their labor. Unclear how December will pan out. We can only hope for the best. SWIFT’s ISO 20022 Migration - CCN SWIFT (Society for Worldwide Interbank Financial Telecommunication), the main messaging network for international payments, migrated over to the new ISO 20022 messaging standard. From now on, all SWIFT FI-to-FI payment messages will be exchanged in the richer ISO 20022 format, ending the coexistence with legacy MT messages. Before this standard, banks worldwide used MT messages that were mostly plain-text messages such as: Send $1,000 to Account 12345, Reference: Invoice 56. The issue here is that there’s no consistent structure, and every bank might format it differently. Important details (such as who’s paying, why, or what the funds are for) may be buried in free text. This makes automation hard and compliance checks (like anti-money laundering or sanctions screening) slow and error-prone. After the new standard, messages use structured, data-rich formats — built in XML or JSON, similar to what modern software uses. So instead of a short text note, each message carries labelled data fields, such as: * Sender and receiver names and IDs * Purpose of payment (salary, invoice, tax, refund, etc.) * Address and account details in standard formats * Currency, timestamps, and transaction references Think of it like the difference between a handwritten note and a spreadsheet: * The note just tells you something happened. * The spreadsheet captures exactly what, when, where, why, and by whom. With ISO 20022, computers, not just humans, can read and understand every part of a payment message automatically. That means faster processing, fewer errors, better fraud detection, and more transparency for regulators and customers alike. How it impacts you? I’m honestly not even sure what to say. I mean — isn’t this what the Bitcoin Blockchain has been doing for 17 years? Yay, because now the payment messaging system used by banks globally has improved. Honestly though, I’m just shaking my head because now they’ve finally entered the 21st century—25 years later… Thanks for reading Bitcoinomics21! Please share this post with everyone This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit bitcoinomics21.substack.com

    4 min

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Learn how Bitcoin is shaping the Global Economy Subscribe to the Newsletter: bitcoinomics21.substack.com Subscribe to the YouTube Channel: youtube.com/@bitcoinomics21 bitcoinomics21.substack.com