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1 sat \ 4 replies \ @ama 5 Dec 2022 \ on: Latin America's plan to challenge US dollar with new currency bitcoin
I they decided to use a BTC backed by stable coin (not pegged to the USD, of course) they would blow the USD out of the picture in most of the two continents (Africa and America), while China and Rusia could be doing the same in Asia. Only Europe would remain the fucking slaves of the US that we are.
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1 sat \ 3 replies \ @siggy47 5 Dec 2022
They may spend a lot of time and resources trying to create this new piece before realizing that bitcoin is the easier, obvious answer.
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11 sats \ 2 replies \ @ama 5 Dec 2022
To where they would get much faster through an intermediate step, backed by Bitcoin, but without its current volatility. I think it would make it easier than it's being for El Salvador, for example.
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1 sat \ 1 reply \ @aldion OP 7 Dec 2022
@ama perfectly said. And in the end all roads lead to Bitcoin :)
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0 sats \ 0 replies \ @aldion OP 7 Dec 2022
to quote Jack Dorsey from last appearance: "The goal is to help the internet realize a native currency, and help the world realize a native currency, an open money we can all see, we can all trust, that's not controlled by a government or corporation.”
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