E152 - #535 ART -The End Of Something and other Dystopic Musings

The moment a country starts using its currency like a weapon, the rest of the world starts shopping for replacements. We follow that thread from a surreal political backdrop to two stories that feel like flashing warning lights: Iran reportedly exploring Bitcoin transit tolls through the Strait of Hormuz, and France completing a multi-year move to pull its gold out of the New York Federal Reserve. If you’ve been wondering what “the end of the petrodollar” looks like in practice, we connect the dots with plain language and hard incentives.

We also zoom out to the bigger...