0 sats \ 0 replies \ @TheBTCManual 22 Oct 2023
Lol that's the pain using the dollar tries to avoid, now you selling oil you up to your eyeballs in rupees you only import from India a small fraction, you don't want to buy their bonds, you don't really want to invest in their stock market, and you don't want to dump on the FX market and cause issues so what do you do?
Yuan is a deeper market and has a dollar peg so its more attractive, gold sucks and Bitcoin is currently too small to clear their volumes
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0 sats \ 0 replies \ @taxd OP 21 Oct 2023
Somebody should tell them about Bitcoin.
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0 sats \ 0 replies \ @nitter 21 Oct 2023
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