A Long Reflection on Civilizational Self-Anesthesia and Institutional Torpor I increasingly feel that Europe’s backwardness in digital payments is not the result of missing technology, insufficient resources, or a lack of talent. The real cause lies deeper, more abstractly, and in ways Europeans themselves hesitate to admit: it is the outcome of a civilization that … Continue reading Why Has Europe Fallen Asleep on Digital Payments?
Tag: Payments
My Observations and Thoughts on Circle’s First Earnings Report After IPO
The Numbers I Saw and What They Mean This is Circle’s very first earnings report as a public company, and I have to say, a few numbers immediately grabbed my attention. USDC circulation at the end of Q2 2025 hit $61.3 billion, up a staggering 90% year over year. Growth of that magnitude in the … Continue reading My Observations and Thoughts on Circle’s First Earnings Report After IPO

