In the coming hours, Trump will sign the GENIUS Act into law.

People think this is just a stablecoin bill.

It is not.

This is the most significant step we have taken in our 16-year history regarding cryptocurrency adoption.

This is the all-powerful American Empire, the master of the world banking system and capital markets, declaring that the future of global finance is cryptocurrency.

GENIUS is a natural gas pipeline from the world banking system to the crypto track.

The pipeline will only get bigger.

The tokenization of the dollar and U.S. Treasury bonds essentially guarantees that every asset in the world will be tokenized.

The dollar is the world’s reserve currency.

Treasury bonds are the world’s reserve assets.

Asset gravity well.

We are now moving towards a complete transition of all banking infrastructure in the U.S. and around the world to the crypto track.

The only question is: in a few years or a few decades?

Over time:

- All bank accounts will be stablecoins

- All bank ledgers will be on-chain

There will be many ledgers, but Ethereum is likely to have already cemented its position as the world ledger (the ledger of ledgers).

The clearest things in this new world are:

Dollar = Stablecoin

Bank = Chain Store

Ethereum = World Ledger

ETH = World Reserve Asset

BTC = Store of Value

Nevertheless, media attention remains focused on cryptocurrency scams and memecoins. They still believe cryptocurrencies are worthless, completely unaware of the significant transformation that has just been signed into law.

I expect they will only see all this when it arrives.

So, if you show them this article, I expect they will say it’s a fantasy world.

But the reality is this.

We initially had a crazy idea - that one day cryptocurrency would devour finance - GENIUS makes it almost inevitable.

July 18, 2025.

Today is an important day for cryptocurrency.

I can hardly believe we have come this far.